Garmin unveils new Distance Measuring Equipment (DME) solutions for aircraft [Yahoo! Finance]
Garmin Ltd. (GRMN)
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Source: Yahoo! Finance
New solutions allow pilots to receive multiple DME stations with compatible avionics OLATHE, Kan. July 16, 2025 /PRNewswire/ -- Garmin (NYSE: GRMN) today announced its new distance measuring equipment (DME) products – the GDM 4500 and GDM 450R. These digital, state-of-the-art, remote-mount DME radios are designed to provide slant-distance information on select Garmin flight decks and displays. Both products can allow pilots to track two separate DME's simultaneously. Compatible Garmin avionics can also automatically scan up to three additional DME frequencies . The GDM 450R is designed for Part 23 general aviation aircraft, while the GDM 4500 includes additional environmental hardening and interfaces for turbine aircraft and helicopters. Either product offers a cost-effective way to add or upgrade DME capabilities on many popular aircraft. Given the increased interest among aircraft owners for alternative navigation sources, we are excited to now offer a ground-based DME solution
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News
- Garmin Ltd. (NYSE:GRMN) is favoured by institutional owners who hold 57% of the company [Yahoo! Finance]Yahoo! Finance
- Garmin (NYSE:GRMN) had its "strong-buy" rating reaffirmed by analysts at Tigress Financial.MarketBeat
- Garmin (NYSE:GRMN) had its price target raised by analysts at Tigress Financial from $305.00 to $310.00. They now have a "strong-buy" rating on the stock.MarketBeat
- Garmin (NYSE:GRMN) was upgraded by analysts at Longbow Research from a "neutral" rating to a "buy" rating.MarketBeat
- Year in review: Garmin releases 2025 Garmin Connect Data ReportPR Newswire
GRMN
Earnings
- 10/29/25 - Beat
GRMN
Sec Filings
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- GRMN's page on the SEC website