Garmin Maintains Strong Hold In Weak Market
While the aerospace market seems bleak at times, Garmin keeps coming up with new products and upgrades. The company -- known for its line of GPS products -- unveiled plans to upgrade its 400- and 500- series units over the next few months. The June 5 announcement said upgrades to certain units would include terrain advisories, certified Terrain Avoidance and Warning System (TAWS) and precision landings via the Wide Area Augmentation System (WAAS). ) The company plans to start implementing its internal terrain and TAWS upgrades later this year. Garmin will offer terrain advisories as an internal upgrade on its 400/500 avionics in the fourth quarter of 2003. This upgrade will cost $500 and will enable the 400/500 series to identify potential hazards, displaying them in yellow and red, so the pilot can avoid possible CFIT accidents. Garmin also says it is committed to offering WAAS upgrades for the 400/500 series for less than $1,500 by the end of 2004.