:

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.…

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]