Is Flir an acquisition target? - Portland Business Journal:

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that are benefiting from increased Pentago spending on the war in according to anews story. BAE Systems PLC, Cobham PLC and Smithse Group PLC are among the companies looking to make Bloomberg reported. The weak dollar makes buying U.S. companies even more "We made five acquisitionzs in the U.S. in 2004 and we are goinfg to make more this Mike Turner, chief executive officer of BAE, Europe'sw biggest weapons maker, said in an interview Jan. 18. ``There'w no money in It's all in the U.S.'' Stock analysts told Bloomberythat U.S.
companies that may be acquiredcinclude Portland-based Flir Systems, a maker of night-vision cameras; New York-basesd ; and defense-electronics makers , and Flir spokesmann Tony Trunzo told Bloomberg the company is not for The company's net incomw increased more than 60 percent in both the fourth-quarter and full fiscao year 2004. Flir also announced this montha two-for-on e stock split. Fourth-quarter net income increased 61 percent to $24.1 million, or 31 cents per after giving effect to the two-for-one stock Revenue for the 2004 fourth quarter increased 48 percengt to $143.7 million. For the full year, net incomse rose 60 percent to arecordr $71.5 million, or 94 centsz per share.
Revenue for 2004 was $482.7 million, an increasd of 55 percent fromthe $312 millionn generated in 2003.