KVH Receives USD 2.5M Multi-year DSP-3000 Fiber Optic Gyro Order

KVH Industries, Inc., (Nasdaq: KVHI) announced today that it has received new purchase orders exceeding $2.5 million for its precision DSP-3000 fiber optic gyros (FOGs) for use in stabilized remote weapon stations (RWS) from an international military customer. Shipment of these DSP-3000 FOGs will be completed over the next two years. "Remote weapon stations play a critical role in improving crew safety and weapon accuracy in combat operations overseas. We are proud that KVH's fiber optic gyros remain the sensors of choice for the leading RWS manufacturers supporting U.S. and allied military forces," said Jay Napoli, KVH's vice president of FOG and OEM sales. "Our affordable DSP-3000 FOG offers the high reliability, superior accuracy, and exceptional vibration, shock, and acceleration survivability necessary to ensure optimal RWS performance. Thanks to these benefits, KVH's FOGs are ideal for a variety of guidance and stabilization needs in both the military and commercial markets." Remote weapon stations allow gunners to operate, aim, and fire a vehicle-mounted weapon from inside the safety of their vehicles, instead of manning turret positions where they are exposed to hostile fire. KVH's DSP-3000 FOGs provide precise optical stabilization and weapon recoil control for RWS units while ensuring that the weapon stays on target whether the vehicle is stationary or on the move. KVH's fiber optic guidance and sensor systems are used in an array of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications. These include platform stabilization, antenna/radar/optics stabilization, IMU, GPS/INS, and AHRS integration.

Source: KVH Industries
Date: Dec 22, 2011