Home / Tag Archives: FLIR Systems

Tag Archives: FLIR Systems

Finance Vet Carol Lowe to Join FLIR Systems as EVP, CFO

Carol Lowe, senior vice president and chief financial officer at packaging company Sealed Air (NYSE: SEE) over the past five years, will formally join FLIR Systems (Nasdaq: FLIR) on Nov. 27 as executive VP and CFO. FLIR said Monday Lowe will manage the company’s global finance department and financial planning, controls, reporting and strategic functions …

Read More »

State Dept OKs $575M UH-1Y Helicopter Sale to Czech Republic

The State Department has cleared Czech Republic’s request to buy 12 UH-1Y utility helicopters and related equipment and services from the U.S. government under a potential $575 million foreign military sales agreement. Textron’s (NYSE: TXT) Bell Helicopter subsidiary and General Electric (NYSE: GE) will act as principal contractors in the proposed FMS transaction …

Read More »

Executive Mosaic’s Weekly GovCon Round-up: September’s Billion Dollar Contracts

Weekly Roundup October 2 – October 6 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last month the GovCon community witnessed a number of highly valued contracts. September had eight contracts valued over a billion dollars awarded for a variety of …

Read More »

State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan …

Read More »

James Cannon to Succeed Andrew Teich as FLIR Systems President, CEO

James Cannon, a more than 16-year veteran of Stanley Black & Decker, will serve as president and CEO of Wilsonville, Oregon-based sensor design and manufacturing firm FLIR Systems beginning June 19. He will succeed Andrew Teich, who is due to retire in February after an 18-year career at Flir, the company said Tuesday. “Our board of directors conducted a thorough …

Read More »

Andrew Teich to Retire as FLIR Systems President, CEO

Andrew Teich, president and CEO of FLIR Systems (Nasdaq: FLIR), plans to retire from his roles after an 18-year career at the Wilsonville, Oregon-based thermal imaging camera manufacturer. FLIR said Tuesday Teich, also a member of the firm’s board of directors, will continue to remain in service until the board finds …

Read More »

FLIR Systems Purchases Norway-Based UAS Maker Prox Dynamics for $134M

FLIR Systems (Nasdaq: FLIR) has acquired Oslo, Norway-based unmanned aerial systems manufacturer Prox Dynamics for approximately $134 million to create a new UAS business within the buyer’s surveillance segment. FLIR said Wednesday it also intends to expand its airborne sensor product line with the addition of Prox Dynamics. “The team at Prox Dynamics operates with …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »