FLIR makes infrared cameras and thermal imaging equipment. Naturally, this technology is a staple of modern warfare, and defense makes up about half the business. Customers are varied and are all over the world, but the U.S. Government does account for 35% or so of sales. Customers include the Coast Guard, Marines, National Guard, Army, Border Patrol, UAVs, Customs, the FBI, the DEA and many other entities.
Commercial applications are just as exciting and include Security and Surveillance, Automobile Night Vision (BMW, Audi, Range Rover - partnering with Autoliv), Marine, Law Enforcement (handheld devices), OEM relationships, including helping firefighters, Predictive Maintenance that helps factories run, R&D, Process Control, Building Inspection and Gas Detection. It's not too hard to imagine that the recession most likely slowed commercial adoption of the technology, but growth has still been impressive. The company remains focused on driving costs lower to broaden the market.
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