FLIR Systems acquires military optics producer Armasight

29 June 2016 (Last Updated June 29th, 2016 18:30)

US-based FLIR Systems has acquired local military optics products manufacturer Armasight in a $41m deal.

US-based FLIR Systems has acquired local military optics products manufacturer Armasight in a $41m deal.

Armasight produces night vision, thermal, and daylight imaging products for military customers.

The company's rifle and spotting scopes, binoculars, goggles and illuminating tools can be used to detect and identify targets from extreme ranges at any time of day or night.

"The addition of Armasight to our existing scopes and sights business provides us with meaningful additional scale and injects additional market expertise."

FLIR's existing vision systems and thermal weapon sights will be combined with Armasight's products following the acquisition.

The combined business line will be named FLIR Outdoor and Tactical Systems, and managed by FLIR's surveillance department.

FLIR Systems president and CEO Andy Teich said: "The addition of Armasight to our existing scopes and sights business provides us with meaningful additional scale and injects additional market expertise to better serve the growing hunting and military scopes markets.

"We are pleased to welcome this talented team in further leveraging FLIR's established channels into global military and law enforcement customers, as well as utilise our advanced thermal sensor development and vertically-integrated production capabilities to advance their products and reduce costs."

Armasight's products are also available for hunters, outdoor enthusiasts and law enforcement customers.

FLIR Systems designs and manufactures sensor systems that enhance perception and awareness.

In May, the company launched the FLIR DM284, a new digital multimetre with a built-in thermal imager powered by FLIR's Lepton thermal micro-camera core.