Warship Automated Identification Systems News

OSI Geospatial Inc. (OSI) announced that its international systems business has now signed the prime contract with the United Kingdom Ministry of Defence to deliver Warship Automated Identification Systems (W-AIS). On November 2, 2006, the company announced its selection as the preferred bidder for a contract valued at approximately US$29 million, including all options. The company will begin delivery immediately and will recognize a portion of the revenue from this contract in fiscal 2006. The U.K. Royal Navy W-AIS will be installed in platform Operations and Control Rooms and integrated into the Warship Electronic Chart Display and Information System (WECDIS) located on the bridge of the naval ship.