FLIR Systems Wins U.S. Army Contract, Acquires Software Developer

WILSONVILLE, Ore.
Published: May 28, 2008

FLIR Systems Inc., a provider of thermal imaging and infrared (IR) cameras, has received a $358.4 million contract modification from the U.S. Army. The modification adds to an existing indefinite delivery, indefinite quantity contract from the U.S. Army Space and Missile Defense Command in Huntsville, Ala.

FLIR will deliver units of Star SAFIRE III stabilized multi-sensor systems to support ongoing force protection programs of the U.S. Armed Forces. The company recently received a support contract for up to $60.5 million from the U.S. Army Space and Missile Defense Command (USMC) to provide service, upgrades, and logistics support for certain U.S. Army and USMC programs.

The company has also acquired the stock of Madrid, Spain-based Ifara Tecnologias, a provider of middleware and client application software used to create sensor networks. FLIR anticipates Ifara’s middleware sensor platform and turnkey solution, Nexus, will ultimately become a standard feature in many products within FLIR’s commercial vision systems and government systems divisions.

Ifara will operate as a separate business unit within FLIR’s commercial vision systems division and be known as FLIR Networked Systems.

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“We are pleased to announce this transaction,” says Earl Lewis, chairman, president and CEO of FLIR. “Ifara has been an outstanding partner to FLIR over the past several years and we believe bringing them in-house will accelerate the adoption of Ifara’s complementary technology and help drive growth in key FLIR market segments. We welcome Ifara’s skilled and experienced team to FLIR.”

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Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series