Holographic weapon sight

Intevac Announces Sale of Photonics Business

Retrieved on: 
Monday, January 3, 2022
Data Management, Semiconductor, Defense, Technology, Other Technology, Other Defense, Hardware, Result, Growth, Financial condition report, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, Investment, TFE, Goal, HDD, Greenhill, Wilson Sonsini Goodrich & Rosati, High production volume chemicals, Investor relations, Company, Leadership, Holographic weapon sight, Java transaction service, SEC, Bodman PLC, Research, Analysis, Life, Reform Act, Photonics, Efficiency, Security (finance), Technology, Sale, Information Technology Management Reform Act of 1996, HWS, Telescopic sight, Public relations, Intevac, Intevac, EOTECH, INTEVAC, EOTECH

Intevac, Inc. (Nasdaq: IVAC), (Intevac or the Company), a leading supplier of thin-film processing systems, today announced the sale of its Photonics business (Photonics) to EOTECH LLC, a privately-held optical technology company (EOTECH).

Key Points: 
  • Intevac, Inc. (Nasdaq: IVAC), (Intevac or the Company), a leading supplier of thin-film processing systems, today announced the sale of its Photonics business (Photonics) to EOTECH LLC, a privately-held optical technology company (EOTECH).
  • With the completion of the sale of Photonics to EOTECH, Intevac will continue its broader strategic review process, and shift its entire focus onto the Thin-Film Equipment (TFE) business, serving multiple growing thin-film technology markets.
  • We are extremely proud of the long history of innovation and leadership that the Photonics team has delivered over the years, stated Wendell Blonigan, president and chief executive officer of Intevac.
  • With the sale of the Photonics business announced today, we have completed an important milestone in our efforts to deliver increased stockholder value.

L3Harris Technologies Completes Sale of EOTech to American Holoptics

Retrieved on: 
Friday, July 31, 2020
Defense, Aerospace, Manufacturing, Other Defense, L3Harris Technologies, Melbourne, Florida, EOTech, LHX, Companies, Holographic weapon sight, Economy of the United States, Industries, L3 Technologies

L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management.

Key Points: 
  • L3Harris Technologies (NYSE:LHX) today completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management.
  • With annual revenue of approximately $60 million, L3Harris EOTech business manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world.
  • L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers mission-critical needs.
  • L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than 100 countries.

L3 Technologies Awarded U.S. Special Operations Command Contract for EOTech Optics

Retrieved on: 
Wednesday, January 16, 2019
Technology, Networks, Audio, Video, Satellite, Defense, Contracts, Optical devices, Optics, EOTech, Technology, L3 Technologies, Holographic weapon sight, Structure, Sight, Holography

L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTech brand for the Miniature Aiming System-Day Optics suite.

Key Points: 
  • L3 Technologies (NYSE:LLL) announced today that it has been awarded a $26.3 million contract from the U.S. Special Operations Command (USSOCOM) to provide close-quarters sights and clip-on magnifiers from its EOTech brand for the Miniature Aiming System-Day Optics suite.
  • Its a testament to L3s commitment to quality that USSOCOM has once again competitively selected EOTech as their choice for battle optics.
  • EOTech has provided Special Operations Forces with rugged and advanced holographic weapon sights since 2001.
  • A part of L3 Technologies Field Vision Systems sporting optics business area, EOTech delivers cutting-edge technology and products, including holographic sighting systems, magnified field optics, tactical lasers, and thermal imaging and night vision equipment.