Raytheon Selling Thermal Vision Gear to Finland
On Monday, defense contractor Raytheonannounced that it has signed a contract to supply PhantomIRxr thermal biocular systems to the Finnish Defence Forces.
The biocular uses thermal imaging to pinpoint targets through darkness, smoke, and dust, according to the company.
No purchase price or indication of the number of units sold was provided in this week's press release. However, in a press release issued more than a year ago, Raytheon said it had won a "fixed-price contract with options totaling $19.9 million to supply the Finnish Defence Forces (FDF) with PhantomIRxr thermal biocular systems." That contract was said to run from 2011 through 2014, and included both the thermal bioculars and spares, along with provision of a maintenance package.
Raytheon describes the PhantomIRxr as "the same battle-proven, state-of-the-art equipment that the U.S. Marine Corps has used since 2009" and says it "is one of the most fielded handheld, high-precision, low-cost, infrared systems in the world."
The article Raytheon Selling Thermal Vision Gear to Finland originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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