OSI Wins New Zealand Navy Contract

Offshore Systems International Ltd. said its Navigation Systems business has been awarded a CDN$800,000 contract for the Royal New Zealand Navy's Project Protector naval shipbuilding program. Tenix Defence Pty Ltd. is prime contractor for the construction of seven new ships. The contract is to supply and install ECPINS(R) 4000 (Electronic Chart Precise Integrated Navigation System) on all seven new ships.