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Haivision MCS Awarded $61.2 Million Production Agreement by US Navy for Next-Generation Combat Visualization and Video Distribution Systems

Newswire.ca - Tue Sep 3, 7:30AM CDT

MONTREAL, Sept. 3, 2024 /CNW/ - Haivision Systems Inc. ("Haivision") (TSX: HAI), a leading global provider of mission-critical, real-time video streaming and networking solutions, today announced that Haivision MCS, a subsidiary of Haivision, was awarded a significant five-year production agreement by the Naval Sea Systems Command (NAVSEA), with an estimated total value of $61.2 million USD (approximately $82 million CAD). This strategic agreement positions Haivision at the forefront of delivering cutting-edge combat visualization and video distribution systems for the US Navy's Surface Combatant Fleet.

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