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Electronic Chart Navigation Systems News

13 Dec 2006

OSI Geospatial Awarded $4m Canadian Navy Contract

OSI Geospatial Inc. announced that its international systems business has been awarded a support contract with the Canadian Department of National Defence (DND) valued at a more than $4.0 million, including all options. The contract has a fixed provision of approximately $1.7 million over three years and an optional provision of up to $2.3 million over four years. Under the terms of the contract, OSI will provide the Canadian Navy with hardware and software support and maintenance. The Canadian Navy currently deploys OSI’s Warship Electronic Chart and Display Information System (WECDIS) product on more than 50 vessels fleet-wide. OSI delivered the first electronic chart navigation system to the Canadian Navy in 1985. Fleet installations began in 1997 and continued in 2001.

01 Dec 2005

OSI Secures Contracts

Offshore Systems International Ltd. has won new contracts for more than $341,467to immediately additional Royal Danish Navy ships with electronic chart navigation systems. OSI won its first open international win and major NATO contract outside of Canada in August 2001 with the Royal Danish Navy. In each year since the initial contract, OSI has received follow-on orders for additional services, upgrades or new equipment from the Navy.

15 Nov 2005

OSI Awarded $1.2M Contract with Royal Australian Navy

Offshore Systems International Ltd. has been awarded a $1.2 million contract to supply the Royal Australian Navy with immediate delivery of OSI's most advanced electronic warship navigation systems ('WECDIS'). This is a follow-on order to the $8 million subcontract OSI signed with its teaming partner, Nautronix, in March 2004 when OSI became fleet supplier to the Royal Australian Navy for electronic chart navigation systems.

27 Oct 2005

OSI Wins Navy Deal

Offshore Systems International Ltd. class submarine fleet. Australian submarine fleet to $1 million. $600,000 contract for other specialized components for the Collins submarines. Jacobson, President and CEO.