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Flir Systems Inc News

17 May 2021

Teledyne Acquires FLIR

(Image: Teledyne FLIR)

Industrial conglomerate Teledyne Technologies Incorporated (NYSE:TDY) said it has completed its acquisition of thermal imaging cameras and sensors company FLIR Systems, Inc. (NASDAQ:FLIR). FLIR will now be included in Teledyne’s Digital Imaging segment and operate under the name Teledyne FLIR.Under the terms of the cash-and-stock deal announced in January, FLIR stockholders received $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share, which implies a total purchase price of approximately $57.40 per FLIR share based on Teledyne’s closing price on May 13.

05 Jan 2021

Teledyne to Acquire FLIR Systems in $8 Billion Deal

(File image: FLIR Systems)

Industrial conglomerate Teledyne Technologies Inc said on Monday it will acquire thermal imaging camera supplier FLIR Systems Inc in a $8 billion cash-and-stock deal to beef up its portfolio of imaging sensor technology.FLIR shareholders will receive $28 in cash and 0.0718 shares of Teledyne common stock for each share held, the companies said.That implies a purchase price of $56.14 based on Teledyne’s last close, and represents a premium of 28.1% for FLIR shareholders to the stock’s Thursday close.Teledyne and FLIR sell cameras and sensor systems.“Our technologies and products are uniquely co

16 Oct 2018

FLIR Systems Awarded $9.9m USCG Contract

Photo courtesy of FLIR

FLIR Systems, Inc. announced it has been awarded a contract from the U.S. Department of Homeland Security (DHS) in support of the U.S. Coast Guard’s (USCG) Second Generation Automatic Identification System (AIS-2) program.The indefinite delivery indefinite quantity (IDIQ) contract has a ceiling value of $9.9 million to provide second-generation Automatic Identification System (AIS) transponders, associated peripherals, and spare parts for nearly 1,774 boats and 282 cutters in…

20 Jul 2017

FLIR Unveils New Multi-Sensor Maritime Camera

FLIR M500 Multi-Sensor Maritime Camera (Photo: FLIR)

FLIR Systems, Inc. has added a cooled thermal camera to its M-Series platform, the FLIR M500 multi-sensor maritime camera, available from September 2017. The FLIR M500’s cooled midwave, 640x512 thermal camera’s ability to detect very small temperature variations translates into greater detail and enhanced image clarity. FLIR cooled thermal technology and the M500’s 14X optical zoom lens also provides better early detection of vessels, key landmarks and navigation aids. An integrated high-definition visible camera improves navigational awareness…

23 May 2017

Cannon Tapped to Lead FLIR Systems

James J. Cannon  (Photo: FLIR Systems)

FLIR Systems, Inc. has appointed James J. “Jim” Cannon as its new president and chief executive officer, effective June 19, 2017, succeeding Andy Teich, who will retire after 33 years of service. Cannon previously served for more than 16 years in a variety of senior leadership positions at Stanley Black & Decker, Inc., most recently as president of Stanley Security North America & Emerging Markets. Prior to that, he was president of the company’s Industrial & Automotive Repair (IAR) business unit…

07 Mar 2014

FLIR Systems Elects Two New Directors

FLIR Systems, Inc. announced that Cathy Stauffer and Catherine A. Halligan have been elected to its Board of Directors, effective immediately. The addition of Stauffer and Halligan increases FLIR Systems' Board of Directors to 10 members, eight of whom are independent. "I am pleased to welcome Cathy Stauffer and Cathy Halligan to FLIR Systems' Board of Directors," said Earl R. Lewis, Chairman of the Board of FLIR Systems. "With over five decades of executive marketing experience between them, these talented individuals bring to our Board a remarkable range of brand management expertise, strategic marketing, and omni-channel business capabilities, with particular focus in the consumer electronics industry.

24 Sep 2013

Latest DofD Navy Contracts

Great Lakes Dock and Materials LLC, Muskegon, Mich., has been awarded a firm-fixed-price, non-option eligible, non-multi-year US ACE contract for $7,461,751 for the repair of 0.5 miles of breakwater at Cleveland Harbor. FLIR Systems Inc., Billerica, Mass., has been awarded a $49,852,526 firm-fixed-price, indefinite-delivery/indefinite-quantity contract on Sept. 19, 2013, for the Patrol Boat Electro-Optics System (PB-EOS) for the U.S. Coast Guard and U.S. Navy. The primary mission of the PB-EOS is to provide enhanced visual imagery to augment existing electronic sensors. Use of the PB-EOS will enhance the following: low visibility and night navigation…

23 May 2013

Budget Battles Bumping Backlogs?

Bollinger-built Margaret Norvell on builder’s trials off Grand Isle Louisiana.

Patrol And Combat Builders Fret About Budget Cuts But See Bright Spots. So far; so good. U.S. companies building patrol and combat craft aren’t happy about federal, state and city budget cuts but say they do see positive, demand-side factors. Much of their overseas business depends on the U.S. Foreign Military Sales program. The FMS, which transfers defense equipment and services to other nations, is retrenching now, however. Here at home, states and municipalities have fewer funds, grants and matching grants to pay for patrol vessels, builders say.

08 Feb 2013

FLIR Teams up with Navico

M-Series

FLIR Systems, Inc. (NASDAQ:FLIR) and Navico announce the integration of FLIR’s M-Series Premium Thermal Night Vision Systems with the Simrad NSE Network Navigation and NSS Touchscreen multifunction displays. Now these Simrad multifunction displays will include seamless integration and control of FLIR’s entire M-Series lineup, so boaters will be able to control radar, charting, echosounder, and FLIR Thermal Imaging all on the same multifunction display. “We are proud to be working with our friends at Navico,” stated Lou Rota, FLIR’s VP of Maritime Sales.

03 Jul 2012

Ocean Craft Introduces New Multi-Mission Hull

new high-performance Vessel Interdiction and Boarding-Team Delivery Craft (VI-BTD)

Ocean Craft Marine Unveils a New High–Performance, Vessel Interdiction and Boarding Team Delivery Craft. Ocean Craft Marine unveiled their new brand of boats and new high-performance Vessel Interdiction and Boarding-Team Delivery Craft (VI-BTD) last week at the High-Performance Craft Expo (HiPer Craft) 2012 in Norfolk, Virginia. These unique high-performance boats were specially designed for elite law-enforcement and military mariners. “We saw unique opportunities to partner with…

16 Aug 2011

Wood Jr. Appointed Chairman at American Superconductor

American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, announced the appointment of John W. Wood Jr. as chairman of the Board, effective August 16. He replaces former chairman and company founder, Gregory J. Yurek, who retired as chief executive officer earlier this year. Wood, 67, has been an independent director of AMSC since 2006. Prior to joining AMSC’s Board, Wood was chief executive officer of Analogic Corporation, a leading designer and manufacturer of medical imaging and security systems. Before joining Analogic, he held senior executive positions over a 22-year career at Thermo Electron Corporation. Wood is a director for FLIR Systems, Inc. and ESCO Corporation.

30 Aug 2010

New Navy Contracts

EnerSys Energy Products, Inc., Warrensburg, Mo., is being awarded a $17,816,784 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the design and construction of submarine valve regulated lead acid class batteries and associated parts and engineering support. This contract is for the procurement of replacement back-up batteries for in-service nuclear submarines. Work will be performed in Warrensburg, Mo., and is expected to be completed by October 2012. Contract funds in the amount of $12,100 will expire at the end of the current fiscal year. This contract was competitively procured via the Federal Business Opportunities website, with one offer received. The Naval Surface Warfare Center, Crane, Ind., is the contracting activity (N00164-10-D-GS60).

16 Aug 2010

New Navy Contract

FLIR Systems, Inc., North Billerica, Mass., is being awarded an $8,624,000 firm-fixed-price contract for non-warranty repairs and spares for the maritime forward looking infrared radar (MARFLIR); high-power microscopic field (HPMF); and MicroStar systems. The MARFLIR, HPMF, and MicroStar systems are to provide maritime crafts, ground vehicles, and unmanned aircraft with all-weather, day/night, high-resolution, stabilized, forward-looking infrared thermal imaging capability to augment existing optical and radar sensors by imaging enemy forces on land, at-sea and in the air, particularly during periods of darkness and poor visibility. These systems enhance the detection, recognition, identification and tracking targets.

03 Feb 2010

New M-Series Thermal Night Vision System

Photo courtesy FLIR Systems, Inc.

FLIR Systems, Inc. (NASDAQ: FLIR) announced the release of its new single payload variant of the popular M-Series maritime thermal night vision camera. By offering an M-Series model without the lowlight micro-lux camera, FLIR is able to make M-Series’ features available at a lower price. This new addition to the M-Series line provides a 50% improvement in range performance. This increased range performance enables users to see navigation hazards like channel markers, outcroppings of land, other boats, and people in the water more clearly.

08 May 2009

FLIR Systems Elects Wood to Board

FLIR Systems, Inc (NASDAQ: FLIR) announced that John W. Wood, Jr. has been elected to the Board of Directors for a term expiring at the Company's 2010 Annual Meeting of Shareholders. Mr. Wood has also been appointed to serve on the Corporate Governance Committee of the Board of Directors. Mr. Wood served as chief executive officer of Analogic Corporation, a leading designer and manufacturer of medical imaging and security systems, from 2003 to 2006, and is currently a consultant. Prior to joining Analogic, he held senior executive positions over a 22-year career at Thermo Electron Corporation. He served as president of Peek Ltd., a division of Thermo Electron Corporation, and as a senior vice president of the parent company.

25 Mar 2002

Lockheed Martin's Sea SLICE Will Participate in FBE-J

Lockheed Martin's advanced hullform ship Sea SLICE will participate as a littoral warfare ship in the Navy's Fleet Battle Experiment Juliet (FBE-J) this summer. Sea SLICE, designated as a High Speed Vessel (HSV) for the exercise, will demonstrate the flexibility achievable by "modularity" in a small, fast, highly maneuverable platform. Lockheed Martin Naval Electronics and Surveillance Systems (NE&SS)-Marine Systems has overall responsibility for developing Sea SLICE. Systems, NE&SS-Surface Systems, Missiles and Fire Control, Mission Systems and Information Systems, are contributing technologies that will be included in the ship. During FBE-J…

09 Jul 2002

Technological Wonder, No Matter How You SLICE It

Next generation technology used to wage wars of the future will be on display for two weeks off the coast of California later this month. The upcoming Fleet Battle Experiment-Juliet (FBE-J) will offer the military an unprecedented glance at how established and emerging technologies work in sync. Sea SLICE will participate as a littoral warfare ship in FBE-J, as a High Speed Vessel (HSV) for the exercise. Lockheed Martin Naval Electronics and Surveillance Systems (NE&SS)-Marine Systems — which has overall responsibility for developing Sea SLICE — shared with MR/EN some of the secrets behind its success. As the military evolves increasingly toward the collection…

01 Oct 2007

FLIR Systems Awarded $9.3m Navy Contract

FLIR Systems, Inc., North Billerica, Mass, is being awarded a $9,269,600, firm-fixed-price-contract for procurement of AN/KAX-1A Maritime Forward-Looking Infrared systems, cable kits, spares and associated data. The AN/KAX-1A, which supports the Long Range Ground Mobility Visual Augmentation Systems (LR-GMVAS) Program, provides ground vehicles with an all-weather, day/night high resolution stabilized FLIR (i.e. thermal) imaging capability to augment existing optical and radar sensors by imaging enemy forces, particularly during periods of darkness and poor visibility. Work will be performed in North Billerica, Mass., and is expected to be completed by September 2012. Contract funds will not expire at the end of the current fiscal year. This contract was not competitively procured.

20 Sep 2006

Flir Systems Gets $6.7M Navy Order

Flir Systems Inc., a maker of thermal imaging systems, on Tuesday said it received an order worth $6.7 million from the Navy. The order is the first under a $35 million infrared imaging systems contract with the Navy. Future orders depend on available defense funding, the company said.

09 Aug 2006

FLIR Systems Wins Contract

FLIR Systems Inc. is being awarded a maximum $34.8m firm-fixed-price, indefinite-delivery/indefinite-quantity contract for enhanced targeting sights (ETS) for Special Operations Forces Laser Marker (SOFLAM) system. The ETS is a companion sight for the SOFLAM. The system uses a special image intensifier designed to "see" the wavelength of a single range finding pulse as well as the repetitive pulses of precision munitions guidance laser designating a target. The ETS increases the accuracy of the SOFLAM by allowing operators to view the laser spot and target scene simultaneously. Work will be performed in North Billerica, Mass., and is expected to be completed by August 2011. Contract funds will not expire at the end of the current fiscal year.

30 Oct 2002

Sea SLICE Provides Glimpse of Future

As first reported in the July edition of Maritime Reporter & Engineering News, Lockheed Martin's Sea SLICE advanced technology demonstration vessel recently provided the Navy a sneak peak of a small, fast, stable ship with multi-mission modularity in its role as a Littoral Combat Ship surrogate in the Navy's Fleet Battle Experiment - Juliet, which took place along the San Diego coast from July 24 - August 7. Arriving in San Diego with no combat systems aboard in early June, the ship was transformed in less than a month into a bristling littoral combatant complete with: the 35-mm Millennium Gun; NetFires missile launching system; FLIR Systems Inc.