FLIR Systems acquired Armasight 42906162

Defence & Security News - FLIR Systems
 
FLIR Systems acquired Armasight
FLIR Systems announced the acquisition of Armasight Inc., a leading developer of precision sporting, hunting and military optics products, under a USD41 million cash deal. 
     
FLIR Systems acquired Armasight

     

Armasight is a global leading company in the field of night vision, thermal and daylight products, for hunters, outdoor enthusiasts, law enforcement and military users. It develops and distributes rifle scopes, spotting scopes, binoculars, goggles and illuminating tools.

With the acquisition of the new company, FLIR will combine Armasight’s products with its existing lines of Personal Vision Systems and Thermal Weapon Sights. That will allow FLIR to better serve hunters, wildlife enthusiasts, military and security customers. The new business line will be named FLIR Outdoor and Tactical Systems and will be reported within FLIR’s Surveillance segment.

Andy Telch, President and CEO of FLIR said: "The addition of Armasight to our existing scopes and sights business provides us with meaningful additional scale and injects additional market expertise to better serve the growing hunting and military scopes markets. We are pleased to welcome this talented team in further leveraging FLIR's established channels into global military and law enforcement customers, as well as utilize our advanced thermal sensor development and vertically-integrated production capabilities to advance their products and reduce costs."

 

 

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