Endeavor, formerly iRobot Defense and Security, will now operate as part of the unmanned systems and integrated solutions division of FLIRs government and defense business unit, FLIR said Monday.
James Cannon, president and CEO of FLIR, said the transaction enhances the companys efforts to deliver unmanned ground and aerial systems to meet the requirements of warfighters, critical infrastructure and public safety professionals.
FLIR initially announced the transaction in February and expects the deal to be $0.03 dilutive to its adjusted earnings per share in 2019.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…