L-3 Infrared Products laid off 10% of its 180 employees in June in an effort to stem the flow of red ink.
FLIR Systems has lost a lawsuit against two former Indigo Systems executives whom it claimed were misappropriating trade secrets and against whom FLIR was seeking a permanent injunction to prevent them from starting a new venture to produce uncooled microbolometers.
The Multiple Kill Vehicle (MKV) program for developing a robust mid-course ballistic missile interceptor is moving to a prototype seeker that will be able to track multiple targets and then guide multiple kill vehicles to destroy them.