BNET Industries

Axsys Technologies Inc.

(AXYS) is in the Manufacturing Industry

Last Fiscal Year Sales:$245.4M
  • Public
  • US
Dow Jones Description

Axsys optical systems are found in applications that demand the finest optical surfaces, the highest accuracy, and the tightest motion tolerances. In demanding applications such as airborne thermal targeting, missile tracking, space-borne surveillance, and semiconductor micro-inspection the movement of structures, optics, and electronics must be precisely controlled to ensure the accurate operation of critical functions. And these tolerances must be maintained over long periods of time. Even minor inaccuracies can significantly impact the effectiveness of a satellite, or even more critically, negatively impact the outcome of a military engagement. For over 40 years, Axsys has been designing and delivering accurate and reliable optical and motion control solutions to the US government and to high performance commercial markets. Axsys engineers are applying this experience to create increasingly sophisticated, vertically integrated systems that combine optics and motion. These systems are enabling a growing range of demanding optical applications such as thermal weapons systems, nighttime surveillance cameras, and highly precise medical imagers.

Chairman of the Board and Chief Executive Officer
Stephen W. Bershad
Number of Employees 991
Contact Information

175 Capitol Blvd Ste 103

Rocky Hill, Connecticut 06067-3914

axsys.com

(860) 257-0200

NAICS Code Optical Instrument and Lens Manufacturing: 333314

Recent Events

  • UPDATE:General Dynamics Raises 2009 View On Strong Revenue

    10/28/09 - Merger / Acquisition - View Story

  • General Dynamics Advanced Information Systems acquires Axsys Technologies

    9/07/09 - Merger / Acquisition - View Story

  • General Dynamics completes Axsys acquisition

    9/02/09 - Financial Announcement - View Story

  • David Moenning's Daily State of the Markets: 6/5

    6/05/09 - Bond / Stock Rating - View Story

  • Defense deals to grow, but more niche than mega

    6/09/09 - Merger / Acquisition - View Story

  • Firm with Nashua ties to be bought

    6/07/09 - Financial Announcement - View Story

News & Analysis

axsys technologies inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dan Manitakos President, Surveillance Systems Group
James Howard President, Optical Systems Group
Peter Griffiths Founder and President
David Almeida Chief Financial Officer and Executive Vice President
Richard F. Hamm Senior Vice President, Corporate Development, General Counsel and Secretary, Dendreon Corporation
Alex Giuffrida Vice President of Sales, Worldwide
Scott Conner President & COO
Keith Deconde General Manager, Motion Control Products
Bart Kent Director of Business Development
Chris Snyder Director of Government Business Development
Colleen Zimmermann Director of Internal Audit & Compliance
Geoffrey Ling Director of Investor Relations
Jeff Nestel-Patt Director of Corporate Marketing
Julie Oakes Director, IR
Keith Haney Director of Law Enforcement Sales
Pete Greer Director of U.S. Sales
Cynthia J. McNickle Controller & Secretary
Alesa Klein
Barbara Coats Sales Executive
Blanche Kent
Robert G. Stevens President, Growth Insight, Inc.

Board of Directors

Name (plus bio) Position
Stephen W. Bershad Chairman of the Board and Chief Executive Officer
Anthony J. Fiorelli Jr. Chairman
Eliot M Fried Board of Directors

Mr. Bershad has been Chairman of the Board and Chief Executive Officer of Axsys since 1986 and was President of Axsys from 1986 to August 1999 and from March 2002 to the present. Prior thereto, he was a Managing Director of Lehman Brothers, Inc. and its predecessor firms, where he held a series of senior management positions in merchant banking and mergers and acquisitions. Mr. Bershad is a director of EMCOR Group, Inc., an electrical and mechanical construction and facilities services company.

Organization Position Status
Axsys Incorporated Chief Executive Officer Current
EMCOR Group, Inc. Chairman of The Board and Chief Executive Officer Current
Axsys Technologies, Inc. Chairman of the Board and Chief Executive Officer Current
Axsys Incorporated Chairman of the Board Current
EMCOR Group, Inc. Director Current
EMCOR Group, Inc. Audit Committee Member Current
Axsys Technologies, Inc. CEO and President Former
Axsys Incorporated President Former
University of California Jd Degree Former

Mr. Manitakos joined Axsys in September 2008 and currently serves as President of the Surveillance Systems Division. Prior to joining Axsys, Mr. Manitakos served as President of the Surveillance Division at ICx. Prior to ICx, Mr. Manitakos held senior management positions at FLIR Systems including Vice President and General Manager of FLIR Boston. Mr. Manitakos holds a BS in Mechanical Engineering from the University of Lowell, a Masters Degree in Mechanical Engineering from Northeastern University and an executive MBA from Suffolk University.

Organization Position Status
Axsys Technologies, Inc. President, Surveillance Systems Group Current
The Flir Senior Vice President Former
Suffolk University MBA Former
Northeastern University Masters Degree In Mechanical Engineering Former
University of Lowell BS In Mechanical Engineering Former

Mr. Howard joined Axsys Technologies in 2004 and currently serves as President of the Optical Systems Group. In 1986, Mr. Howard co-founded Telic Optics, Inc., a leading optical engineering and manufacturing firm, where he served as the company's President and CEO until the company was acquired by Axsys in 2004. Prior to Telic, Mr. Howard held senior level technical management and engineering positions in the Aerospace/Defense industry. Mr. Howard holds BS and MS in Optics from the University of Rochester, and an MBA in Finance from Bentley College.

Organization Position Status
Axsys Technologies, Inc. President, Optical Systems Group Current

Organization Position Status
Axsys Technologies, Inc. Founder and President Current

Organization Position Status
AST Bearings Division CFO Current
Axsys Incorporated Chief Financial Officer Current
Axsys Technologies, Inc. Chief Financial Officer and Executive Vice President Current
Axsys Technologies, Inc. CFO, Treasurer, Vice President, Finance & Admin Current
Axsys Incorporated Vice President Current
Axsys Technologies, Inc. Treasurer Former
University of New Haven MBA In Finance Former
University of Connecticut BS In Accounting Former

Organization Position Status
Axsys Technologies, Inc. Senior Vice President, Corporate Development, General Counsel and Secretary, Dendreon Corporation Current
Dendreon Corporation General Counsel Current
Dendreon Corporation Secretary Current
Dynalectric - Kentucky Board of Directors Current
EMCOR Group, Inc. Director Current
Axsys Technologies, Inc. Board of Directors Current
Dendreon Corporation Cfo, General Counsel, Senior Vice President & Secretary Former
Tropicana Products, Inc. senior vice president Former
Carlson Companies Inc. Vice President, Corporate Development and Planning Former
Medtronic, Inc. vice president Former
Medtronic, Inc. Deputy General Counsel Former
Tropicana Former
Harvard Law School J.D. Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former

Organization Position Status
Axsys Technologies, Inc. Vice President of Sales, Worldwide Current

Array

Organization Position Status
Axsys Technologies, Inc. President & COO Current
Axsys Technologies, Inc. Vice President, Strategic Planning and Corporate Development Former
University of Chicago MBA In Finance and Strategy Former

Organization Position Status
Fidelica Microsystems, Inc. Chief Technical Officer Current
Motion Control Products Limited General Manager Current
Axsys Technologies, Inc. General Manager, Motion Control Products Current
Spie Board of Directors Current
Aiaa Board of Directors Current
Spie Member Current
Aiaa Member Current
PerkinElmer, Inc. President Former
PerkinElmer, Inc. Co-founder Former
PerkinElmer, Inc. Senior Staff Engineer Former
University of California, Berkeley Ph.D. Former
University of California, Berkeley BA Former
American Physical Society member Former

Organization Position Status
Axsys Technologies, Inc. Director of Business Development Current

Organization Position Status
Axsys Technologies, Inc. Director of Government Business Development Current

Organization Position Status
Axsys Technologies, Inc. Director of Internal Audit & Compliance Current

Organization Position Status
Axsys Technologies, Inc. Director of Investor Relations Current

Organization Position Status
Axsys Technologies, Inc. Director of Corporate Marketing Current

Organization Position Status
Axsys Technologies, Inc. Director, IR Current

Organization Position Status
Axsys Technologies, Inc. Director of Law Enforcement Sales Current

Organization Position Status
Axsys Technologies, Inc. Director of U.S. Sales Current

Ms. McNickle joined Axsys in July 2000 and presently serves as the Corporate Secretary and the Corporate Controller. Prior to joining Axsys, Ms McNickle held a variety of accounting and finance roles at The Hartford, Aetna and Black & Decker. Ms. McNickle is a CPA and holds a BS in Accounting and an MBA in International Finance from the University of Connecticut.

Organization Position Status
Axsys Technologies, Inc. Controller & Secretary Current
Axsys Technologies, Inc. Secretary Current

Organization Position Status
Axsys Technologies, Inc. Current
Appalachian State University Bachelor of Science Degree In Marketing and Management Former
Wingate University MBA Former

Organization Position Status
Axsys Technologies, Inc. Sales Executive Current

Organization Position Status
Axsys Technologies, Inc. Current

Organization Position Status
Axsys Technologies, Inc. Chairman Current

Organization Position Status
Blount International, Inc. Chairman Current
Grant Prideco, Inc. Director Current
Axsys Technologies, Inc. Board of Directors Current
Blount International, Inc. Director Current

Array

Organization Position Status
Growth Insight, Inc. President Current
Dressman Benzinger LaVelle psc Partner Current
Waveberg Development Limited Strategic Planning & Corporate Development Consultant Current
Axsys Technologies, Inc. Board of Directors Current
St. Charles Care Center, Inc Board of Directors Current
Bluefly, Inc. Executive Vice President Former
Mercer Management Consulting, Inc. Vice President Former
Bluefly, Inc. Partner Former
Mercer Management Consulting, Inc. Partner Former
Xavier University Master's Degree In Health Administration Former
University of Cincinnati Law Degree Former
University of Cincinnati Degree Former
Thomas More College Former
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