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Business/Financial

FLIR Says Court Rules Favorably In Litigation Matter With Raytheon

By Cal Biesecker

Tuesday, November 25th, 2014

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FLIR Says Court Rules Favorably In Litigation Matter With Raytheon

Pan/Tilt series camera system from FLIR's Commercial Systems division. Photo: FLIR

FLIR Systems [FLIR] on Monday evening said a federal court in Texas ruled favorably toward the company in a lawsuit filed by Raytheon [RTN] related to the misappropriation of trade secrets by a company that FLIR acquired in 2004. FLIR said that the jury in the United States District Court for the Eastern District of Texas rejected Raytheon’s allegations that Indigo Systems, a provider of infrared cameras for commercial markets, and FLIR misappropriated 31 trade secrets owned by the plaintiff.…

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