Let's review the contracts won by KVHI in the past 15 months. Not all have dollar amounts broken out. Some of these are just for initial purchases, with follow on orders to come. The CEO said in the Q2 CC that the big $17 million contract could be double with options over 5 years.
I count $30.5 million - $47.5 million (with the options). Keep in mind their backlog going into 2000 was only $700,000.
Jan. 8, 2001 - KVH Industries' TACNAV System Selected for Australian Army Light Armored Vehicles - a $3.2 million contract
December 12, 2000 - KVH Industries Wins $4.7 Million Contract to Equip Asian Armored Vehicles with TACNAV (2 year contract)
November 6, 2000 - KVH Wins $1. 5 Million Fiber Optic Gyro Contract for Handheld Training Simulator
July 10, 2000 - Sportvision Puts KVH FOG in the Game For NFL, College Football Broadcasts
July 5, 2000 - KVH, Crossbow Partner on Fiber Optic Project Gyros for Next-Generation Inertial System Valued at $1 Million (this will be revenue in Q1 2001)
June 19, 2000 - KVH Receives $17 Million Contract For Military Navigation Systems (5 year contract)
April 19, 2000 - KVH Receives $1.2M in Fiber Optic Gyro Orders for Military Antenna Stabilization Applications
March 16, 2000 - KVH Receives $1.4 Million TACNAV TLS Order
December 2, 1999 ? Marathon Coach Selects TracVision LM
KVH Primary Supplier of In-motion Satellite TV Systems
November 3, 1999 - KVH?s High-accuracy TACNAV FOG Selected for Delfin Signal Intelligence Project
October 12, 1999 - Third NATO Power Selects KVH TACNAV The initial order, valued at nearly $500,000 |
