Two years after Finisar Corp. acquired Sensors Unlimited, Inc., SUI for $700 million, the management of SUI is buying back most of the assets of the company for $6.1 million in cash.
The U.S. Army has decided to pursue, separately, the procurements of the Thermal Weapon Sight (TWS) and the Driver’s Vision Enhancer (DVE), as opposed to a Thermal Omnibus II program that includes both systems. The main requirements for each system are spelled out.
DRS Technologies has acquired Nytech Integrated Infrared Systems, Inc., a small privately-held company specializing in uncooled thermal imaging systems for portable weapons, head-mounted devices, hand-held devices and vehicle-mounted sights.
The U.S. Army’s next generation infantry rifle system, OICW (Objective Individual Combat Weapon) has been renamed the XM29 and will use an uncooled microbolometer sight.
Raytheon Infrared Operations (RIO) has been renamed Raytheon Vision Systems (RVS).
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