FLIR Systems announced Wednesday that it has acquired Norwegian micro-unmanned aerial vehicle (UAV) manufacturer Prox Dynamics.
According to a press release, the transaction is valued at USD134 million in cash. Prox Dynamics will become part of FLIR's Unmanned Aerial Systems business within its Surveillance segment.
FLIR Systems is aiming to develop the Prox Dynamics' PD-100 Black Hornet micro-helicopter UAV through enhancing the range, cost, and performance.
FLIR Systems has been cleared of misappropriating trade secrets in a long-running dispute with Raytheon. The case, heard in the US District Court for the Eastern District of Texas, related to the way in which infrared detector maker Indigo Systems – acquired by FLIR way back in 2004 – manufactured its products, Optics
FLIR Systems received a full-rate production decision from the US Department of Defense for its integrated chemical, biological, radiological, nuclear, and explosives (CBRNE) threat response system for the Dismounted Reconnaissance Sets, Kits, and Outfits (DR SKO) program. Additionally, FLIR has been awarded a $12
FLIR Systems has won an indefinite delivery, indefinite quantity contract from the U.S
FLIR Systems announced today that it has been awarded a two year blanket purchase agreement from the U.S
FLIR Systems, Inc. (FLIR) announced today that it has received a $17
FLIR Systems, Inc. today announced that it has been awarded a contract from the Naval Air Warfare Center Aircraft Division valued at up to $52
FLIR Systems has won $14 million contract for the procurement of Milsight T75 long-range thermal weapon sights to Israel. The contract also includes associated materials and training
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