KVH Receives $3.1 Million Military Order
February 25, 2010 (FinancialWire) — KVH Industries, Inc., (NASDAQ: KVHI) said it has received a new $3.1 million order for its precision fiber optic gyros for use in remote stabilized weapon stations.
Shipment of the order is scheduled to be completed by the summer of 2010.
KVH’s fiber optic guidance and sensor systems are used in a range of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications.
Rhode Island-based KVH Industries is a manufacturer of solutions that provide global high-speed Internet, television and voice services via satellite to mobile users at sea, on land, and in the air.
KVH is also a manufacturer of high performance sensors and integrated inertial systems for defense and commercial guidance and stabilization applications.
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