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NovAtel Inc. Awarded Contract for SBAS Equipment for Indian GAGAN Program.

Publication: Business Wire
Publication Date: 08-MAR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
CALGARY, Alberta -- NovAtel Inc. (NASDAQ:NGPS), a precise positioning technology company, announced today that an order for additional Space Based Augmentation System (SBAS) equipment was received from Raytheon Company (NYSE:RTN) in support of the Indian GAGAN program.

This latest contract with Raytheon follows on from an award to Raytheon by the Indian Space Research Organization (ISRO) of a contract for the ground-based elements of the GPS and GEO (Geostationary Earth Orbit) Augmented Navigation (GAGAN) Technology Demonstration System (TDS), in November 2004. NovAtel will supply receiver elements of these ground-based elements, which will be included in eight Indian reference...

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