SI
SI
discoversearch

Technology Stocks : KVH Industries, Inc.
KVHI 10.40+2.5%5:20 PM ESTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (1342)7/29/2002 3:06:16 PM
From: Sector Investor  Read Replies (1) of 6947
 
News today. I like the pictures.

KVH Praised by Congressional Delegation for Contributions to War on Terrorism

kvh.com
kvh.com

Senator Jack Reed and Congressman Patrick Kennedy Cite KVH’s Efforts to Support
U.S. and Allied Counter-terrorism Efforts with New Navigation Technology

MIDDLETOWN, RI – July 29, 2002 – U.S. Senator Jack Reed, Congressman Patrick
Kennedy, and a representative of the Rhode Island Army National Guard Special Forces came
to KVH Industries' Middletown, Rhode Island, headquarters today to commend the company
for its support of military efforts in the war on terrorism. U.S. and Canadian forces conducting
counter-terrorism operations in Afghanistan are using the TACNAV™ tactical navigation
systems manufactured by KVH (Nasdaq: KVHI). Addressing the KVH employees, Senator
Reed declared, "Your technology, your innovation, and your ingenuity have made our fighting
forces superior to any other in the field. The TACNAV system, fiber optic gyros, and digital
sensors can mean the difference between success and failure, life and death. This company is
going to be on the cutting edge of our military development. We’re developing new forces, like
the Interim Brigade Combat Team, that are lighter and faster. What we trade off in armor, we
need to make up for with information, sensors, and technology. KVH will play a major part in
this effort."

KVH TACNAV systems offers every vehicle and every force commander – whether in a
command, support, or combat vehicle – 100% availability of position and other tactical data,
even if the signals from Global Positioning System (GPS) satellites are disrupted or jammed. In
addition to interfacing with the onboard GPS, TACNAV consolidates vehicle location and
heading, turret angle, and far target location into a single-point interface that can be transmitted
via digital Battlefield Management Systems to the force commander and the other units in the
field. More than 7,000 KVH military navigation systems are currently fielded worldwide.

Congressman Kennedy stated "I am proud of the work KVH is doing for our nation’s defense.
The technology produced at KVH will enhance our Special Forces' tactical war fighting
capabilities and allow them to more effectively navigate and maneuver in hostile environments.
The electronic digital compass represents the next generation of high tech navigation equipment
designed specifically to meet the challenges of the most complicated battlefields."

Last year Congressman Kennedy, working with Senator Reed, secured a $1.4 million
appropriation in the Fiscal Year 2002 budget to support the U.S. Army's use of KVH's
TACNAV tactical navigation system. Congressman Kennedy and Senator Reed are members of
the House and Senate Appropriations Committees, respectively. "We at KVH were honored to
have two distinguished members of our congressional delegation here today, together with a
member of the U.S Army Special Forces," remarked Martin Kits van Heyningen, president and
chief executive officer. "Senator Reed and Congressman Kennedy are working diligently to
ensure that the U.S. military has the funding it needs to be fully equipped and prepared for the
challenges that lie ahead. We appreciate their support for our efforts to aid our military forces
and our country in the war on terrorism. Our soldiers deserve to have the equipment they need
to save their own lives as they carry out their mission to defend ours."

"It’s good to have equipment from a Rhode Island company," said a representative of the Rhode
Island Army National Guard Special Forces, who recently returned from operations in
southwest Asia. "When we were thousands of miles away, we could look at this equipment and
feel a bit closer to home."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.