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GAGAN |
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Our Aerospace and Defence category, although down year over year as expected, also contributed sizeable revenue during the second quarter of 2005 from shipments into the US WAAS and Indian GAGAN programs. During the conference call scheduled for this afternoon, the Company will be providing updates and further information on the following: revenues from the Special Applications, Aerospace & Defence and Geomatics categories; the recent shipments to Raytheon Company; the recent introduction of the Leica SmartStation; the recently announced SBAS contract with Raytheon for the Indian GAGAN system; Point, 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. |
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