KVH Receives Record $35.6 Million Order for Tactical Navigation Systems & Services

KVH Industries, Inc.,

announced today that it has received a $35.6 million contract from the Office of the Program Manager-Saudi Arabian National Guard for approximately $22 million in equipment and $13 million in services to modernize its military vehicles. KVH will be the prime contractor for this Foreign Military Sale (FMS), supplying TACNAV® TLS and TACNAV Light navigation systems and managing the installation, integration, and training services as well as the construction of a retrofit facility. Deliveries of the TACNAV systems are expected to begin as soon as the third quarter of 2012 and continue into 2013. Installation, integration, and training services will be provided over the period from early 2013 to the second half of 2014. "KVH's TACNAV systems are an important backup to satellite-based navigation systems that might be blocked by natural terrain or man-made structures, deliberately jammed, or otherwise rendered unexpectedly unavailable due to a variety of circumstances," explains Dan Conway, KVH's vice president of business development. "The system is a crucial resource when continuous navigation, battle management, and situational awareness are important. This is the largest TACNAV order in KVH's history, reaffirming the value of our TACNAV products in international military markets. It is also a great addition to our foundation of defense-related revenue for the coming years."