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Search Results for: FLIR

FLIR Systems Closes $259M Point Grey Research Buy in Machine Vision Market Push

FLIR Systems (Nasdaq: FLIR) has completed its purchase of Point Grey Research for $259 million cash in a strategy to expand the former’s footprint in intelligent imaging and machine vision markets. The newly acquired company will operate as Integrated Imaging Solutions business under FLIR’s original equipment manufacturer and emerging markets segment, FLIR Systems …

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FLIR Systems Buys Night Vision Tools Provider Armasight for $41M; Andy Teich Comments

FLIR Systems (Nasdaq: FLIR) has purchased San Francisco-based night vision and thermal imaging equipment supplier Armasight through a cash transaction valued at approximately $41 million. Andy Teich, president and CEO of FLIR, said in a statement released Tuesday the acquisition aims to expand the company’s portfolio of thermal weapon sights and scopes in support of …

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Defense News: Raytheon-DRS Team to Help Army Build FLIR Sensors Under $154M Contract

A team comprising Raytheon (NYSE: RTN) and DRS Technologies has been awarded a potential $154.4 million contract by the U.S. Army to help develop sensor technology for soldiers to detect targets through fog, Defense News reported Thursday. Jen Judson writes the companies will provide up to 96 3rd Generation FLIR B-Kits to the Army as …

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Andy Teich: FLIR Systems Eyes Security Tech Portfolio Growth Through $92M DVTEL Buy

FLIR Systems (Nasdaq: FLIR) has bought New Jersey-based video surveillance hardware and software maker DVTEL for about $92 million cash in a push to expand security product offerings. Andy Teich, FLIR president and CEO, said in a statement released Monday the acquisition complements FLIR’s strategy to deliver end-to-end technology platforms in …

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URS Wins $111M for Army Giraffe, FLIR Star System Maintenance; Randy Wotring Comments

URS Corp. (NYSE: URS) has won a potential $111 million U.S. Army contract to help maintain tactical communications systems at State Department sites worldwide, the company announced Friday. The contract contains a one-year base period and two three-month option periods and was awarded by the Army Contracting Command’s office at …

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FLIR Makes Financial Move

FLIR Systems’ (NASDAQ: FLIR) board of directors announced a new dividend policy under which FLIR intends to pay a quarterly cash dividend of 6 cents per share on its common stock. According to the firm, “the first dividend of 6 cents per share of outstanding common stock, representing a planned …

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FLIR Releases Financial Stats

FLIR Systems (NASDAQ: FLIR) made the following results regarding financial results for the third quarter ended Sept. 30, 2010: “Revenue was $332.5 million, up 16 percent compared to third quarter 2009 revenue of $285.6 million. Operating income in the third quarter was $85.8 million, compared to $89.3 million in the …

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