A jury decided favorably for FLIR Systems after Raytheon Corp. filed a lawsuit alleging that FLIR subsidiary Indigo Systems Corp. (now known as FLIR Commercial Systems) misappropriated trade secrets.
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 is supporting C-MAP by Jeppesen cartography in the company’s range of Raymarine multifunction displays.
FORT LAUDERDALE — FLIR Systems is introducing three VHF radios at the Fort Lauderdale International Boat Show and will soon come to the market with its own electrical switching control system, marketing director Jim Hands told Active Interest Media journalists during a “Meet the Editors” event Wednesday at the show.
FLIR Systems said third-quarter revenue was $375.4 million, up 5 percent from the same quarter a year earlier. Revenue from the maritime segment was $44.7 million, up 8 percent from last year.
FLIR Systems saw revenue decline 5 percent to $369.4 million and operating income drop to $59.4 million from $70.3 million in the second quarter.
FLIR Systems saw first-quarter revenue rise 1 percent to $350.5 million from $348.6 million in 2013. Revenue from the maritime segment was $52.6 million and was up 4 percent from the year-earlier quarter.
MIAMI — Thermal imaging specialist FLIR Systems hosted a media event Wednesday night at Miami’s Bayside Marina that was designed to highlight the way the technology manufacturer is furthering its corporate mantra: “Infrared Everywhere.”
FLIR Systems said revenue was up 4 percent to $400.3 million in the fourth quarter, compared with $386.4 million in 2012, with revenue from the Raymarine segment up 10 percent at $36.1 million.
FLIR Systems said government systems president William Sundermeier resigned to pursue other business opportunities.
FLIR Systems said third-quarter revenue increased 8 percent, with the Raymarine segment up 13 percent from the prior year, but the company said a softening in its government sector is causing it to lower its outlook. Revenue was $358.1 million, up 8 percent from third-quarter 2012 revenue of $332.2 million. The Raymarine segment contributed $35.8…more