Search Results for: FLIR

ICx to be Acquired by FLIR Systems

ICx Technologies, Inc. (Nasdaq GM:ICXT) has entered into a definitive merger agreement with FLIR Systems, Inc. (Nasdaq:FLIR) which would see ICx acquired through a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash. According to the firm, “ICx’s …

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Raytheon, Safran Partner to Develop Combat Vehicle Sighting Tech; Kim Ernzen Comments

Raytheon and France-based military electronics maker Safran have partnered to develop sighting systems intended for combat vehicles. Both companies signed a memorandum of understanding to integrate their electro-optical and inertial measurement unit technologies to produce a forward-looking infrared sighting device, Raytheon said Wednesday. Kim Ernzen, vice president of Raytheon’s land warfare systems business, the …

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Raytheon Works on ‘3rd-Gen’ Forward Looking IR Targeting System

Raytheon has moved to update its forward looking infrared targeting system that works to help U.S. Army detect targets through rain, smoke, fog and snow. The company said Monday its third-generation FLIR technology, called the Long Range Advanced Scout Surveillance System, is designed to offer military personnel wide, medium, narrow and ultra-narrow fields of …

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Research and Markets: Military Aircraft Modernization Efforts to Help Drive Targeting Pod Market Growth

A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, …

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Research and Markets: Soldier Modernization Programs to Help Drive Man-Portable Electronics Market Growth

A new Research and Markets report predicts the global man-portable military electronics market will reach $6.4 billion by 2027 with a compound annual growth rate of 3.29 percent due to the increasing complexity of modern warfare techniques and soldier modernization efforts. The company said Friday it expects the communication segment to hold a market share …

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