) recently announced that it has received a $25 million award for
its StarSAFIRE 380 HLD gimbaled multi-spectrum imaging and laser
designation system featuring its MERLIN Moving Target Indicator
(MTI) system. The contract was awarded by one of its customers in
the Middle-East region.
The scope of the contract requires FLIR Systems to develop
state-of-the-art high-definition imaging and laser solutions
using its CDMQ (commercially developed, military qualified)
model. The project, expected to be complete by 2015, will be
undertaken in FLIR's Wilsonville facility in Oregon.
FLIR Systems' Merlin MTI, when coupled with StarSAFIRE 380 -
the recent successor of gyro-stabilized multi-spectral sensor
systems StarSAFIRE, enables a speedy search and engagement of
targets by system operators. The integrated system also includes
an advanced diode pumped laser, standardized by NATO and has high
The company expects this solution to significantly improve
efficiency of critical missions as it is a combination of
two-cutting edge technologies that will lead to advanced
automation along with reduced operator workload.
FLIRSystems was incorporated in 1978. It is a leader in
design, manufacture and marketing of thermal imaging systems. Its
products are used in a wide variety of applications in
commercial, industrial and government markets both
internationally as well as domestically.
It offers a variety of system configurations to suit specific
customer requirements. The company's business is organized into
three divisions: Government Systems, Commercial Vision Systems
and Thermography Products.
FLIR Systems currently carries a Zacks Rank #4 (Sell).
However, investors keen on the industry may consider stocks like
Sharps Compliance Corp
). While Raytheon carries a Zacks Rank #1 (Strong Buy), Hexcel
and Sharps Compliance both have a Zacks Rank # 2 (Buy).
FLIR SYSTEMS (FLIR): Free Stock Analysis
HEXCEL CORP (HXL): Free Stock Analysis Report
RAYTHEON CO (RTN): Free Stock Analysis Report
SHARPS COMPLIAN (SMED): Free Stock Analysis
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