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Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (1162)	5/17/2002 6:08:56 PM
From: akmike	Read Replies (2) \| Respond to of 7249

Hello Sector, I would like to check my numbers and confirm the tremendous upside leverage that is in this military potential. Somewhere I have an estimated price of 2500-3000 per fiber optic gyroscope. There are 3 of these required in an Inertial Measurement Unit and such IMU is required for each smart bomb or munition. The Dept. of Defense has published an appetite for over 2500 such units per month for the next several years for just the JDAM which is supplied by Boeing. According to the published reports, Honeywell supplies mechanical gyros currently for this weapon. The IMU from Honeywell costs around 10,000 per unit. Therefore, the JDAM alone is a 300 mil. annual market. (or an order of magnitude of KVH's 2001 total annual revenues) Do you agree with my math here? If this is anything close to ballpark we can see just how huge the overall market is. While this is getting some attention now due to the Crusader funding issue in Congress, I believe that military "smart weapons" initiatives will proceed independent of the Crusader flap.