Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



FLIR Wins $82 Million Pentagon Contract

FLIR Systems (NASDAQ: FLIR  ) landed a big contract from the Pentagon on Tuesday.

Announced among more than a dozen Department of Defense contract awards that added up to more than $2.7 billion in total value, FLIR's $82.4 million award for the procurement of Talon Forward Looking Infrared Systems may not look like much, but it amounts to nearly 6% of all revenues the company collected last year.

The system that's the subject of Tuesday's contract, the Talon, is a military-qualified electro-optical, infrared (EO/IR) sensor system that FLIR says is suitable for installation on everything from fixed and rotary wing aircraft, to warships, to small boats, and even land vehicles. It consists of a lightweight, gyro-stabilized 9-inch turret that can carry up to six payloads simultaneously, and record high-resolution digital images.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2432305, ~/Articles/ArticleHandler.aspx, 9/28/2016 11:27:35 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,190.02 -38.28 -0.21%
S&P 500 2,153.77 -6.16 -0.29%
NASD 5,287.18 -18.53 -0.35%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 11:11 AM
FLIR $31.59 Down -0.20 -0.61%
FLIR Systems CAPS Rating: ****