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-0.0717488789237669 -0.0717488789237669 -0.0717488789237669 0.0179372197309418 -0.0269058295964126 0.00448430493273549 -0.0179372197309416 0.00448430493273549
Stock impact report

KVH Announces $8.3 Million in New Orders for Fiber Optic Gyro (FOG) Products and Services

KVH Industries, Inc. (KVHI) 
Last kvh industries, inc. earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kvh.com
Company Research Source: GlobeNewswire
MIDDLETOWN, R.I. , Jan. 16, 2018 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq:KVHI), announced today that it has received $5.8 million in product orders for precision fiber optic gyros (FOGs) from major remote weapons systems (RWS) manufacturers, and a FOG-related $2.5 million development contract from a U.S. defense prime contractor. KVH expects to recognize the majority of the contracts’ revenue during 2018. The $5.8 million in FOG product orders include KVH’s single-axis DSP-3100, dual-axis DSP-1760, and dual-axis DSP-1750. KVH FOGs are designed for demanding stabilization and pointing applications where low drift, low noise, and high bandwidth are critical performance attributes. The characteristics of KVH’s solid state, robust FOG products include exceptional bias stability, scale factor linearity, and excellent reliability. In addition to the above orders from RWS manufacturers, KVH also received an engineering and services development contract from a major U.S. defens Show less Read more
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