FLIR

FLIR Systems Inc. is an Oregon-based maker of thermal imagers, thermal imager components and larger systems containing thermal imagers, along with other sensors, for commercial and military applications.

FLIR Systems wins Navy contract

The Navy awarded Oregon-based FLIR Systems a $136.6 million open-ended contract to provide equipment and services for its helicopter and unmanned aerial vehicle programs. The Navy told The Oregonian that the fixed-price, indefinite-delivery, indefinite-quantity arrangement is a sole-source deal and was awarded to FLIR because it was the “only one responsible source and no other…more

FLIR Systems acquires assets from DigitalOptics

Thermal imaging manufacturer FLIR Systems said Monday that it acquired certain assets of DigitalOptics Corp.’s micro-optics business for $14.9 million. DigitalOptics designs and makes imaging systems for smartphones. FLIR purchased the company from Tessera Technologies, which has owned it since 2005. Included in the purchase are fabrication equipment and more than 200 patents and pending…more

FLIR reports 2Q results

FLIR Systems said today that revenue rose 15 percent in the second quarter, to $389.3 million, from the comparable 2012 quarter and the company’s Raymarine segment contributed revenue of $46.9 million, down 1 percent from the prior year. Operating income increased by 16 percent to $70.3 million for the quarter that ended June 30 and…more

FLIR Systems names new division president

FLIR Systems said Thomas Surran was appointed president of FLIR’s commercial systems division, succeeding Andrew Teich, who was recently named FLIR’s president and CEO. Jeffrey Frank was promoted to vice president of the global product strategy division. In addition to his previous role as general manager of the company’s Raymarine segment, Surran served in several…more

FLIR announces retirement of CEO and names successor

FLIR Systems president and CEO Earl Lewis announced his plans to retire in a press release discussing first-quarter earnings today. The head of Raymarine’s parent company said his retirement will be effective May 19. FLIR said Lewis will assume a senior adviser role to the company to assist the transition and will remain chairman of…more

FLIR reports 1Q results

FLIR Systems announced a first-quarter earnings-per-share increase of 13 percent as it released its report this morning for the quarter that ended March 31. Revenue was $348.6 million, largely unchanged from first-quarter 2012 revenue of $348.5 million, at the Oregon-based parent of Raymarine. Operating income in the first quarter was $69.1 million, compared to $68.3…more

FLIR joins with Navico on product features

FLIR Systems and Navico are integrating 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 the integration and control of FLIR’s entire M-Series lineup, so boaters will be able to control radar, charting, echosounder and FLIR Thermal Imaging on…more

FLIR Systems reports 4Q, year-end results

FLIR Systems said today that revenue fell 5 percent in the fourth quarter. The Raymarine segment contributed $32.7 million of revenue in the quarter that ended Dec. 31, down 7 percent from the prior year. Overall revenue was $386.4 million, down 5 percent from fourth-quarter 2011 revenue of $405.2 million. Operating income in the quarter…more

FLIR Systems reports 1Q results

FLIR Systems, the parent company of Raymarine, announced a small decrease in revenue and net income for the first quarter, which ended March 31. Revenue was $348.5 million, down 7 percent from first-quarter 2011 revenue of $376 million. Operating income in the first quarter was $68.3 million, compared with $76.3 million in the first quarter…more

FLIR Systems reports 4Q, year-end results

FLIR Systems, the parent company of Raymarine, today announced a drop in revenue for the fourth quarter, but an increase in revenue for the full fiscal year. Revenue for the quarter, which ended Dec. 31, was $405.2 million, down 7 percent, compared with fourth-quarter 2010 revenue of $437.5 million. Operating income in the fourth quarter…more

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