BNET Industries

Market Cap:$4.5B
Last Fiscal Year Sales:$1.0B
  • Public
  • US
Dow Jones Description

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security.

Chief Executive Officer
Earl R. Lewis
Number of Employees 1,943
Contact Information

27700A SW Parkway Ave

Wilsonville, Oregon 97070

www.flir.com

(503) 498-3547

NAICS Code Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing: 334511

Recent Events

  • US Night Vision Introduces the ATAC 360° - 11/25/2009

    11/25/09 - Licensing / Contract - View Story

  • Stocks Polarized By Mixed News In Mid-Morning Trading - U.S. Commentary

    10/22/09 - Bond / Stock Rating - View Story

  • Flir Systems makes $42M deal, reports increased earnings

    10/21/09 - Merger / Acquisition - View Story

  • UPDATE 2-FLIR Systems Q3 profit beats Street; shares rise

    10/21/09 - Financial Announcement - View Story

  • Safety Breakthrough - FLIR Introduces Affordable Night Vision

    10/06/09 - Product Announcement - View Story

  • FLIR Systems to Release Third Quarter 2009 Results On Wednesday, October 21, 2009

    9/29/09 - Financial Announcement - View Story

  • FLIR Systems Introduces Line of Network-Ready Thermal Security Cameras - 09/25/2009

    9/26/09 - Product Announcement - View Story

  • FLIR Systems Introduces Line of Network-Ready Thermal Security Cameras

    9/25/09 - Product Announcement - View Story

  • FLIR introduces H-Series hand-held thermal imager

    9/21/09 - Product Announcement - View Story

  • Notable Analyst Rating Changes 9/15: EBAY, YHOO, CBS, XRX, BT Upgraded; GE, CSX, FLIR, FMCN,...

    9/15/09 - Bond / Stock Rating - View Story

  • David Moenning's Daily State of the Markets: The Down Day That Wasn’t

    9/15/09 - Bond / Stock Rating - View Story

  • FLIR Systems FLIR Announces Federal Court Denies Claims by Raytheon RTN

    9/01/09 - Lawsuit Filed - View Story

  • Transcat Partners with FLIR in the Test & Measurement Market

    7/29/09 - Joint Venture / Alliance - View Story

  • FLIR Systems Announces Second Quarter 2009 Financial Results

    7/23/09 - Financial Announcement - View Story

  • FLIR: James A. Fitzhenry Named President

    7/13/09 - Mgmt. Change Entering - President - View Story

  • FLIR Systems Introduces H-Series Hand-Held Law Enforcement

    7/13/09 - Product Announcement - View Story

  • FLIR Systems Introduces H-Series Hand-Held Law Enforcement Thermal Imager

    7/13/09 - Product Announcement - View Story

  • Flir Introduces Revolutionary H-Series Hand-held Law Enforcement Thermal Imager

    7/10/09 - Product Announcement - View Story

News & Analysis

flir systems inc. and us market - All News and Analysis

Decision Makers

Name (plus bio) Position
Earl R. Lewis Chief Executive Officer
Andrew Teich President Commercial Vision Sy
Bill Sundermeier President Government Systems
Stephen Bailey Cfo
A Rne A Lmerfors Executive Vice President and President of the Thermography Division
Arne Almerfors Executive Vice President
Denis Helm Senior Vice President, Business Dev
James Fitzhenry Senior Vice President Corp Operations & Secretary.
Tony Trunzo Senior Vice President Corp Strategy & Dvlpmnt
William W Davis Senior Vice President, General Counsel and Secretary
Jim Kindred Director of Information Technology
Andre Rebelo Global Public Relations & MarCom Manager, Extech Instruments
Dan Jarvis Manager, Commercial Driver Vision Enhancement
Darren Haley Manager, Business Dev
Roberto Rinaldi Service Engineer
John C. Hart Director

Board of Directors

Name (plus bio) Position
John D. Carter Chair
Michael T. Smith Chair
Angus L. MacDonald Board of Directors
Ichael T S Mith Board of Directors
John W. Wood Board of Directors
Ronald L. Turner Board of Directors
Steven E. Wynne Board of Directors
Tamara L. Adler Board of Directors
William W. Crouch Board of Directors
Wright William Board of Directors

Organization Position Status
FLIR Systems, Inc. Chief Executive Officer Current
FLIR Systems, Inc. President Current
Indigo Systems Incorporated Chairman, President and Chief Executive Officer, Flir Systems, Inc. Current
Dean College Trustee Current
The Flir Current
FLIR Systems, Inc. Chairman Current
Dean College Board of Directors Current
Harvard Bioscience, Inc. Board of Directors Current
NxStage Medical, Inc. Board of Directors Current
New Hampton School Board of Directors Current
Harvard Apparatus, Ltd. Director Current
Spectrx, Inc. Director Current
Seahorse Bioscience Inc. Board of Directors Current
Clarkson University Board of Directors Current
Onix-Systems, LLC Is A Developer Former
Onix-Systems, LLC Chairman Former

Mr. Teich has been serving as President of FLIR's Commercial Vision Systems Division since April 2006. Mr. Teich joined FLIR as Senior Vice President, Marketing, as a result of FLIR's acquisition of Inframetrics in March of 1999. From 2000 to 2006, he served as the Senior Vice President of Sales and Marketing and then as Co-President of the Imaging Division at FLIR. While at Inframetrics, Mr. Teich served as Vice President of Sales and Marketing from 1996 to 1999. From 1984 to 1996, Mr. Teich served in various capacities within the sales organization at Inframetrics. He holds a B.S. degree in Marketing from Arizona State University and has attended executive education courses at Stanford University.

Organization Position Status
FLIR Systems, Inc. President Commercial Vision Sy Current
FLIR Systems, Inc. Senior Vice President, Sales, Marketing Former

Mr. Sundermeier has been serving as the President of FLIR's Government Systems Division since April of 2006. Mr. Sundermeier joined FLIR in 1994 as Product Marketing Manager for Thermography Products and was appointed Director of Product Marketing for commercial and government products in 1995. In 1999, Mr. Sundermeier was appointed Senior Vice President for Product Strategy, focused on the integration of newly acquired companies. In September 2000, Mr. Sundermeier was appointed Senior Vice President and General Manager, Portland Operations. In April 2004, he was appointed Co-President of the Imaging Division. Prior to joining FLIR, Mr. Sundermeier was a founder of Quality Check Software, Ltd. in 1993. Mr. Sundermeier received his B.S. in Computer Science from Oregon State University.

Organization Position Status
FLIR Systems, Inc. President Government Systems Current
FLIR Systems, Inc. Senior Vice President & General Manager, Portland Operations Former

Mr. Bailey joined FLIR in April 2000 as Senior Vice President, Finance and Chief Financial Officer. Prior to joining FLIR, Mr. Bailey served as Vice President and Chief Financial Officer of Bauce Communications, Inc., President of Pro Golf of Portland, Inc., and Chief Financial Officer and Chief Operating Officer of Desk2Web Technologies, Inc. From 1975 to 1988, Mr. Bailey served in various senior executive positions with AMFAC, Inc., including President of AMFAC Supply Company, Senior Vice President and Controller of AMFAC, Inc. and Senior Vice President and Controller of AMFAC Foods, Inc. A CPA, Mr. Bailey also worked at Touche Ross & Company (which subsequently became Deloitte & Touche) from 1970 to 1975. Mr. Bailey received his B.S. from Oregon State University.

Organization Position Status
FLIR Systems, Inc. Cfo Current
FLIR Systems, Inc. Senior Vice President, Finance Current

Organization Position Status
FLIR Systems, Inc. Executive Vice President and President of the Thermography Division Current

Mr. Almerfors joined FLIR in December 1997 in connection with FLIR's acquisition of AGEMA Infrared Systems AB, and currently serves as Executive Vice President and President of the Thermography Division. From 1995 to 1997, Mr. Almerfors was President and Chief Executive Officer of AGEMA Infrared Systems AB. He also served as President and Chief Executive Officer of CE Johansson AB, a manufacturer of coordinate measuring devices, from 1989 to 1995. Mr. Almerfors received his B.S., MBA, Masters in Political Science and certification for post-graduate courses in corporate finance and accounting from the University of Stockholm.

Organization Position Status
FLIR Systems, Inc. Executive Vice President Current

Organization Position Status
FLIR Systems, Inc. Senior Vice President, Business Dev Current

Organization Position Status
FLIR Systems, Inc. Senior Vice President Corp Operations & Secretary. Current

Mr. Trunzo joined FLIR in August 2003 as Senior Vice President, Corporate Strategy and Development. From 1996 until joining FLIR, Mr. Trunzo was Managing Director in the Investment Banking Group at Banc of America Securities, LLC. From 1986 to 1996, he held various positions at PNC Financial Services Group, Inc. Mr. Trunzo holds a B.A. in Economics from the Catholic University of America and an MBA with a concentration in Finance from the University of Pittsburgh.

Organization Position Status
FLIR Systems, Inc. Senior Vice President Corp Strategy & Dvlpmnt Current

Mr. Davis joined FLIR in July 2007 as Senior Vice President, General Counsel & Secretary. Prior to joining FLIR, from 2005 to 2007, Mr. Davis served as Deputy General Counsel of Brunswick Corporation, a global manufacturer and marketer of recreation products. From 1999 to 2005, he was employed in various capacities with General Dynamics Corporation, a provider of aerospace and combat, marine and information systems products and services, including Vice President and General Counsel of its Land Systems and Armament and Technical Products subsidiaries. From 1990 to 1992 and 1993 to 1999, Mr. Davis practiced law, most recently as a partner in the firm of Katten, Muchin & Zavis. From 1992 to 1993, Mr. Davis served as a law clerk to the Honorable Edward Carnes of the United States Court of Appeals for the Eleventh Circuit. Mr. Davis received his B.S. with distinction from the United States Naval Academy and his J.D. from the University of Chicago Law School. Following graduation from the Naval Academy, Mr. Davis served as an officer in the United States Marine Corps and Marine Corps Reserve.

Organization Position Status
FLIR Systems, Inc. Senior Vice President, General Counsel and Secretary Current

Jim Kindred is Director of Information Technology for FLIR Systems. Jim joined FLIR in 2005 and is leading the company through a global rollout of SAP.

Organization Position Status
FLIR Systems, Inc. Director of Information Technology Current
Innotech Conference Director of Information Technology, Flir Systems Current

Organization Position Status
Lyra Research, Inc. Marketing Manager Current
FLIR Systems, Inc. Global Public Relations & MarCom Manager, Extech Instruments Current

Organization Position Status
FLIR Systems, Inc. Manager, Commercial Driver Vision Enhancement Current

Organization Position Status
FLIR Systems, Inc. Manager, Business Dev Current

Array

Organization Position Status
Infrared Training Center Current

Mr. Carter was elected to the Board of Directors in 2003. Mr. Carter was elected President and Chief Executive Officer of Schnitzer Steel Industries, Inc. in May 2005 and is also a principal at Imeson & Carter, a consulting firm focused primarily on strategic planning and problem solving for national and international businesses. From 1982 to 2002, Mr. Carter served in a variety of senior management capacities at Bechtel Group, Inc. including Executive Vice President and Director, as well as President of Bechtel Enterprises, Inc., a wholly owned subsidiary, and other operating groups. Mr. Carter is a member of the Board of Directors of Northwest Natural Gas Company. He received his B.S. in history from Stanford University and his J.D. from Harvard Law School.

Organization Position Status
Indigo Systems Incorporated President and Chief Executive Officer, Schnitzer Steel Industries, Inc. Current
Schnitzer Steel Industries, Inc. Chairman Current
Northwest Natural Gas Company Chair Current
FLIR Systems, Inc. Chair Current
Indigo Systems Incorporated Board of Directors Current
Northwest Natural Gas Company Director Current
Saabcomments.Com Board of Directors Current
Kuni Automotive Director Current
FLIR Systems, Inc. Director Current
Schnitzer Steel Industries, Inc. Chief Executive Officer Former
Schnitzer Steel Industries, Inc. President Former
Bechtel Corporation Director Former
Harvard Law School Juris Doctor Degree Former
Stanford University Bachelor's Degree In History Former
Northwest Natural Gas Company member Former
FLIR Systems, Inc. member Former

Organization Position Status
Milestone Group Current
FLIR Systems, Inc. Chair Current
Ivtm Director Current
Ingram Micro Inc. Board of Directors Current
Storm Products Company Corp Board of Directors Current
Anteon International Corporation Director Current
Los Angeles World Affairs Council Board of Directors Current
Alliant Techsystems Inc. Board of Directors Current
Indigo Systems Incorporated Board of Directors Current
Providence College Board of Directors Current
FLIR Systems, Inc. Director Current
Teledyne Technologies Incorporated Board of Directors Current
Hughes Electronics Chief Executive Officer Former
Hughes Electronics Chief Financial Officer Former
Hughes Electronics Senior Vice President Former
Aerospace Industries Association, Inc Chairman Former
Hughes Aircraft Company chairman Former
Hughes Electronics Chairman of the Board Former
Hughes Electronics Vice Chairman Former
Pepperdine University doctor of laws degree Former
Babson College MBA Former
Providence College Bachelor's Degree In Political Science Former
Alliant Techsystems Inc. member Former

Mr. Macdonald has served as a Director of the Company since April 2001. In 2000, Mr. Macdonald founded and is currently President of Venture Technology Merchants, LLC, an advisory and merchant banking firm to growth companies regarding capital formation, corporate development and strategy. From 1996 to 2000, Mr. Macdonald was Senior Vice President and headed Special Situations in the health care equities research group at Lehman Brothers, Inc. Prior to joining Lehman Brothers, Mr. Macdonald was a senior securities analyst at Fahnestock, Inc. (now Oppenheimer). He holds a B.A. from the University of Pennsylvania and an MBA from Cranfield University, UK.

Organization Position Status
FLIR Systems, Inc. Board of Directors Current
Lehman Brothers Holdings Inc. Former

Organization Position Status
FLIR Systems, Inc. Board of Directors Current

Organization Position Status
ATEL Capital Group Executive Vice President, National Sales Manager Current
Columbia River Maritime Museum Trustee Current
Saabcomments.Com Board of Directors Current
Indigo Systems Incorporated Board of Directors Current
FLIR Systems, Inc. Director Current
Columbia River Maritime Museum Board of Directors Current
Columbia River Maritime Museum Trustee Current
Louisiana-Pacific Corporation CEO Former
Berkeley Capital Management LLC President, Client Services Former
Louisiana-Pacific Corporation Interim President Former
Louisiana-Pacific Corporation Cfo Former
Atel Securities Corporation Executive Vice President Former
Louisiana-Pacific Corporation Vice President, Finance Former
Eaton Vance Distributors, Inc. Vice President Former
Louisiana-Pacific Corporation Chairman, Board of Directors Former
New York Life Insurance Company Director Former
Louisiana-Pacific Corporation Treasurer Former
University of Oregon B.A. Former
The Money Management Institute member Former
Louisiana-Pacific Corporation member Former

Organization Position Status
Analogic Corporation President and Chief Current
American Superconductor Corporation Chairman Current
Bucyrus Blades Inc. Board of Directors Current
FLIR Systems, Inc. Board of Directors Current
Quality Steel Foundries Ltd. Board of Directors Current
ESCO Corporation Board of Directors Current
Analogic Corporation Board of Directors Current
Analogic Corporation Chief Executive Officer Former
Thermedics Chief Executive Officer Former
International Security Systems Corporation President Former
Thermedics President Former
American Superconductor Corporation Board of Directors Former
Massachusetts Institute of Technology Masters of Science in Electrical Engineering Former
Louisiana Tech University Bachelor's Degree In Electrical Engineering Former

Organization Position Status
FLIR Systems, Inc. Board of Directors Current

Organization Position Status
Fila Online, Inc. President & Chief Executive Officer Current
W Capital Partners, LLC Current
The Nature Conservancy Board of Directors Current
Planar Systems, Inc. Board of Directors Current
FLIR Systems, Inc. Board of Directors Current
Clarity Visual Systems, Inc. Director Current
Indigo Systems Incorporated Board of Directors Current
NewPage Corporation Board of Directors Current
Eteamz.Com, Inc. Chief Executive Officer Former
Sport Brands International, LLC Chief Executive Officer Current
America Ltd, Inc. President Former
Sport Brands International, LLC President Current
FLIR Systems, Inc. General Counsel Former
Newpage Holding Corporation Board of Directors Former
Willamette University College of Law J.D. Former

Organization Position Status
FLIR Systems, Inc. Board of Directors Current
Deutsche Bank AG Managing Director Former
NetBank, Inc. member Former
Deutsche Bank AG member Former
Northwestern University J.D. Former
Wellesley College B.A. Former

Organization Position Status
Texas Christian University Assistant Professor, Military Science Current
Indigo Systems Incorporated Board of Directors Current
FLIR Systems, Inc. Board of Directors Current
Strategic Studies Corporation Board of Directors Current
Army.Com Chief Operating Officer Former
Texas Christian University M.A. In History Former
Claremont McKenna College B.A. In Civil Government Former

Organization Position Status
FLIR Systems, Inc. Board of Directors Current

Executive News

  • Flir Systems Sees Growth in the Dark

    Forbes.com - 9/02/09 - View Story

  • FLIR Systems Announces $4.9 Million Order for the Colombian Military

    Reuters - 9/02/09 - View Story

  • FLIR Systems Announces $4.9 Million Order for the Colombian

    Market Wire via MSN Money - 9/02/09 - View Story

  • FLIR Systems (FLIR) Announces Federal Court Denies Claims by Raytheon (RTN)

    Street Insider - 9/01/09 - View Story

  • FLIR Systems Announces Federal Court Denies Claims by Raytheon Company in Dispute With FLIR and Indi

    Interest!ALERT - 9/01/09 - View Story

  • FLIR Systems Announces Federal Court Denies Claims by Raytheon

    Market Wire via MSN Money - 9/01/09 - View Story

  • FLIR Systems, Inc.: FLIR Systems Announces Federal Court Denies Claims by Raytheon Company in Dispute With FLIR and Indigo Systems Corp.

    Market Wire - 9/01/09 - View Story

  • FLIR Systems Announces Federal Court Denies Claims by Raytheon Company in Dispute With FLIR and Indigo Systems Corp.

    Stockwatch - 9/01/09 - View Story

  • FLIR Systems Announces Federal Court Denies Claims by Raytheon Company in Dispute With FLIR and Indigo Systems Corp.

    Market Wire - 9/01/09 - View Story

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     FLIR $29.80 +0.45 (1.53% )
Average Volume 1,930,830
Shares Outstanding 151.78M
Market Cap 4.5B
Year High 32.31
Year Low 18.81
Earnings Per Share 1.49
P/E Ratio 20.00
Dividend N/A
Yield N/A
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