The acquisition is expected to be finalized by mid-2020, subject to customary closing conditions, the companies said in a joint release published Tuesday.
EOTech has approximately $60M in annual revenues and produces magnified field optics, holographic sighting systems and accessories for law enforcement, military and commercial clients worldwide.
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The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…