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Technology Stocks : KVH Industries, Inc.
KVHI 10.15-1.5%Dec 14 5:20 PM ESTNews

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To: Roy F who wrote (277)6/10/1999 11:20:00 AM
From: Roy F  Read Replies (1) of 6947
 
KVH Named Outstanding Partner by U.S. Army For 'Overall Superior Performance' in 1998

June 10, 1999 11:16 AM
MIDDLETOWN, R.I.--(BUSINESS WIRE)--June 10, 1999--The U.S. Army has presented its first TACOM Outstanding Partner Award to KVH Industries, Inc. KVHI for the company's exemplary performance and exceptional contributions to the Tank-automotive and Armaments Command (TACOM) unit in 1998. KVH produces a line of tactical navigation products for a range of military support and armored vehicles. In 1998, the company worked with TACOM to fill an unmet need for tactical navigation capabilities on non-turreted vehicles. The result of that collaboration was TACNAV(TM) Light, a new KVH system that the U.S. Marine Corps selected for a four-year rebuild of its AAV-7 (amphibious assault vehicle) fleet.

The Outstanding Partner Award was established to recognize contractors who have performed in an exemplary manner and who have made unusual or exceptional contributions to TACOM. According to a TACOM representative, "KVH Industries was selected to be the first recipient of this new award based upon the company's timely deliveries, responsiveness to urgent requirements, a novel 'rebate' approach to the Marine Corps' TACNAV Light requirement and overall superior performance during 1998."

"It has been an honor to work with the Army over the years to meet its tactical navigation needs, and it is a great privilege to be selected TACOM's Outstanding Partner for 1998," says Martin Kits van Heyningen, KVH president and CEO, who accepted the award at a ceremony June 7 in Detroit, Michigan. "The Marine Corps' AAV-7 represents an ideal application for TACNAV Light, which we designed to provide precise tactical navigation capabilities on military vehicles that don't require the turret-pointing features of our TACNAV systems for heavy armored units. With our previous experience designing and supplying compasses to enhance U.S. Marine Corps amphibious navigation capabilities, we were able to anticipate this need and rapidly design a solution."

The basic TACNAV Light system provides continuous heading data to vehicle drivers with a smart electronic compass detecting and compensating for any navigational distortions created by the vehicle. As demands grow for increasingly precise tactical navigation capabilities that will keep forces viable on the battlefields of the 21st Century, TACNAV Light units can be easily upgraded by the Marine Corps. Additional features include: Global Positioning System (GPS) integration for "steer-to" and "cross-track error" navigation; dead reckoning capabilities to back up GPS and provide full-time position data; and commanders' displays that show vehicle position. Accurate cross-track navigation is particularly critical in amphibious landings where coastal currents can cause a vehicle to miss the targeted beaching site.

"TACNAV Light represents the third generation of navigation systems KVH has supplied for U.S. Marine amphibious vehicles, following the initial MV103A compasses and a subsequent upgrade to MV103AR units," notes Chris Burnett, vice president of business development. "We are continuing to use our design capabilities to develop new generations of navigation products in step with technical advances in the military, such as GPS."

KVH also is developing a fiber optic gyro (FOG) sensor upgrade to TACNAV that interfaces with GPS to deliver reliable, highly accurate navigation and targeting capabilities at a fraction of the cost of traditional inertial systems. The FOG system will increase heading accuracy, improve stability and ensure the continuous delivery of attitude and azimuth functions on armored vehicles maneuvering at high speeds.

KVH Industries utilizes its proprietary fiber optic, autocalibration and sensor technologies to produce navigation and mobile satellite communications systems for commercial, military and marine applications. The company has its headquarters in Middletown, RI, and additional offices in Illinois, Florida and Denmark.
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