:

Business/Financial

FLIR Acquires UAS Manufacturer Aeryon Labs

By Cal Biesecker

Monday, January 28th, 2019

SHARE:

FLIR Acquires UAS Manufacturer Aeryon Labs

FLIR Systems' SkyRanger 60 small UAS. The FAA plans to host a competition for a contractor to support program management and testing if UAS for airport applications and for countering UAS. Photo: FLIR Systems

FLIR Systems [FLIR] on Monday said it has acquired Aeryon Labs, a Canada-based maker of small unmanned aircraft systems (UAS) for military, public safety and industrial applications worldwide, in a $200 million deal that adds new UAS capabilities. FLIR declined to disclose Aeryon’s annual sales. Aeryon is expected to dilute FLIR’s 2019 earnings by two cents a share due to product development investments. In 2020, FLIR expects the acquisition to be accretive to earnings. FLIR’s $134 million acquisition in Nov.…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]