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Business/Financial

FLIR Enters Military Ground Robotics Vehicle Business With Deal For Endeavor Robotics

By Cal Biesecker

Monday, February 11th, 2019

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FLIR Enters Military Ground Robotics Vehicle Business With Deal For Endeavor Robotics

Endeavor Robotics' Scorpion multipurpose unmanned ground vehicle is a finalist for the Army's Common Robotic System-Individual. Photo: Endeavor

Fresh off an acquisition for maker of small unmanned aircraft systems (UAS), FLIR Systems [FLIR] on Monday said it has agreed to acquire Endeavor Robotics, which makes small robotic ground vehicles for military, public safety and law enforcement customers for $385 million in cash. The acquisition is expected to close in the first quarter of 2019. FLIR is buying Endeavor Robotics from the private equity firm Arlington Capital Partners, which acquired the defense business of iRobot [IRBT] in April 2016…

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