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


To: robert b furman who wrote (1197)5/19/2002 9:13:52 PM
From: Sector Investor  Respond to of 7249
 
You're a dealer? Wow, I didn't know that.

You make a good point about the relationship with General Motors Defense. Now that I've got the handy header post updated, it's easy to find and highlight your point.

In January 2001, KVH won a $3.2 million contract to supply TACNAV to GM Defense to equip the Australian Army's Light Armored Vehicle (ASLAV) fleet. Here is what was said about GM Defense at that time:

<<"KVH has enjoyed a long and positive relationship with General Motors Defense. Working together, we've equipped the GM armored vehicles used by the U.S. Marine Corps, Canada, Saudi Arabia, and now Australia with TACNAV systems.">>

Message 15141200

Regarding your fear, if they should show interest two or three years from now, I don't think I would be too unhappy. In the next 2 years KVH is projected to grow at a 35% compound growth rate (Needham $60M 2003 estimate). As we all know that estimate omits several blockbuster items (as least 5 I can think of off hand) that are quietly perking along, any one of which could take us to a new level.