Aerospace Group:

FLIR Acquires Norwegian Nano-UAS Maker Prox Dynamics

Friday, December 2nd, 2016

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FLIR Systems [FLIR] on Nov. 30 said it has acquired Norway’s Prox Dynamics in a $134 million cash deal that gives it a position as a developer and producer of micro-unmanned aircraft systems (UAS) used in military and intelligence roles.FLIR expects the acquisition to chip a penny from its 2016 earnings per share.Prox Dynamics makes the Black Hornet aerial sensor and hand controller, a pocket-sized system that is hand-launched by a soldier in the field, providing situational awareness and help…

Congress

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Congress

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Congress

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