FLIR Systems, Inc. operates in the Search and navigation equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares FLIR Systems with three other
miscellaneous transportation equipment manufacturers in North America:
Heroux Devtek Inc
of CANADA
(2019
sales of 483.88 million Canadian Dollars [US$380.11 million]
of which 100%
was Aerospace segment.),
KVH Industries, Inc.
($157.89 million
of which 77%
was Mobile connectivity), and
TeleNav Inc
($220.90 million
of which 85%
was Automotive).
Sales Analysis.
FLIR Systems reported sales of $1.89 billion
for the
year ending
December of 2019.
This
represents
an
increase of 6.3%
versus 2018, when the company's sales were $1.78 billion.
Sales of Government and Defense saw an increase
that was more than double the company's growth rate: sales were up
19.8% in 2019, from
$663.44 million to $794.94 million.
Not all segments of FLIR Systems experienced an increase in sales in 2019:
sales of Commercial fell 10.1% to $354.43 million.