SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                   -------------------------------------------



                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


   Date of Report (Date of earliest event reported):  December 29, 2000
                                                     ------------------

                              KVH Industries, Inc.
               (Exact Name of Registrant as Specified in Charter)


       Delaware                     0-28082                 05-0420589
      --------------               -------------           -----------
(State or other jurisdic-        (Commission           (IRS Employer
    tion of incorporation)          File Number)      Identification Number)

              50 Enterprise Center, Middletown, Rhode Island 02840
               (Address of principal executive offices) (Zip Code)


Registrant's telephone number, including area code    (401) 847-3327
                                                      -----------------


                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)






<PAGE>


Item 5.  Other Events.

         KVH  Industries,  Inc. (the  "Company") on December 29, 2000 issued and
sold 800,000  shares of its Common Stock at a purchase  price of $6.25 per share
to State of Wisconsin  Investment  Board (the  "Purchaser")  pursuant to a Share
Purchase  Agreement  between the Company and the  Purchaser  dated  December 29,
2000. The Share Purchase Agreement is set forth as Exhibit 10.39 to this Current
Report on Form 8-K.

         The Agreement provides, among other matters, that:

         1. In the event the Company,  prior to March 29, 2001, sells additional
shares of Common Stock  (subject to certain  exceptions) at a price that is less
than $6.25 per share,  the  Purchaser  will be  entitled  to receive  additional
shares to reflect an  adjustment of its  per-share  purchase  price to an amount
equal to such reduced purchase price; and

         2. The  Company  will  not at any  time  without  the  approval  of its
stockholders, (i) reduce the exercise price of outstanding stock options granted
to employees and others under its 1996 Incentive and Non-Qualified  Stock Option
Plan, or any similar plan, or (ii) grant any stock option with an exercise price
that is less than 100% of the fair market value of the  underlying  stock on the
date of grant (except  pursuant to the Company's  1996 Employee  Stock  Purchase
Plan or similar plan).

Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits.

         (a)      Financial Statements of Business Acquired.

                  Not Applicable.

         (b)      Pro Forma Financial Information.

                  Not Applicable.

         (c)      Exhibits.

                   Exhibit Number   Description

10.39  Share  Purchase  Agreement  between  KVH  Industries,  Inc.  and State of
Wisconsin Investment Board dated December 29, 2000.



<PAGE>



                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                                     KVH Industries, Inc.



                                                 By: /s/ Richard C. Forsyth
                                                         -------------------
                                                     Richard C. Forsyth
                                                     Chief Financial Officer

Date:  January 4, 2001




<PAGE>


                                  Exhibit Index


   Exhibit Number                     Description
10.39  Share  Purchase  Agreement  between  KVH  Industries,  Inc.  and State of
Wisconsin Investment Board dated December 29, 2000.
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "CURRENT REPORT ON FORM 8-K", "secsgml_size_bytes": 4109}]
{"company-data": {"conformed-name": "KVH INDUSTRIES INC \\DE\\", "cik": "0001007587", "assigned-sic": "3812", "irs-number": "050402589", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28082", "film-number": "1502176"}, "business-address": {"street1": "110 ENTERPRISE CENTER", "city": "MIDDLETOWN", "state": "RI", "zip": "02842", "phone": "4018473327"}, "mail-address": {"street1": "110 ENTERPRISE CENTER", "city": "MIDDLETOWN", "state": "RI", "zip": "02842"}}
SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                   -------------------------------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

   Date of Report (Date of earliest event reported):  December 29, 2000
                                                     ------------------

                              KVH Industries, Inc.
               (Exact Name of Registrant as Specified in Charter)

       Delaware                     0-28082                 05-0420589
      --------------               -------------           -----------
(State or other jurisdic-        (Commission           (IRS Employer
    tion of incorporation)          File Number)      Identification Number)

              50 Enterprise Center, Middletown, Rhode Island 02840
               (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code    (401) 847-3327
                                                      -----------------

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)
Item 5.  Other Events.

         KVH  Industries,  Inc. (the  "Company") on December 29, 2000 issued and
sold 800,000  shares of its Common Stock at a purchase  price of $6.25 per share
to State of Wisconsin  Investment  Board (the  "Purchaser")  pursuant to a Share
Purchase  Agreement  between the Company and the  Purchaser  dated  December 29,
2000. The Share Purchase Agreement is set forth as Exhibit 10.39 to this Current
Report on Form 8-K.

         The Agreement provides, among other matters, that:

         1. In the event the Company,  prior to March 29, 2001, sells additional
shares of Common Stock  (subject to certain  exceptions) at a price that is less
than $6.25 per share,  the  Purchaser  will be  entitled  to receive  additional
shares to reflect an  adjustment of its  per-share  purchase  price to an amount
equal to such reduced purchase price; and

         2. The  Company  will  not at any  time  without  the  approval  of its
stockholders, (i) reduce the exercise price of outstanding stock options granted
to employees and others under its 1996 Incentive and Non-Qualified  Stock Option
Plan, or any similar plan, or (ii) grant any stock option with an exercise price
that is less than 100% of the fair market value of the  underlying  stock on the
date of grant (except  pursuant to the Company's  1996 Employee  Stock  Purchase
Plan or similar plan).

Item 7.  Financial Statements, Pro Forma Financial Statements and Exhibits.

         (a)      Financial Statements of Business Acquired.

                  Not Applicable.

         (b)      Pro Forma Financial Information.

                  Not Applicable.

         (c)      Exhibits.

                   Exhibit Number   Description

10.39  Share  Purchase  Agreement  between  KVH  Industries,  Inc.  and State of
Wisconsin Investment Board dated December 29, 2000.
SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                                     KVH Industries, Inc.

                                                 By: /s/ Richard C. Forsyth
                                                         -------------------
                                                     Richard C. Forsyth
                                                     Chief Financial Officer

Date:  January 4, 2001
Exhibit Index

   Exhibit Number                     Description
10.39  Share  Purchase  Agreement  between  KVH  Industries,  Inc.  and State of
Wisconsin Investment Board dated December 29, 2000.