News Releases
News
September 2 2009
General Dynamics Advanced Information Systems Completes Acquisition of Axsys TechnologiesFairfax, VA - General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), today completed its previously announced purchase of Axsys Technologies, Inc., (NASDAQ: AXYS) for $54 in cash per share of Axsys Technologies outstanding common stock. The cost of the transaction is approximately $643 million.
August 10 2009
Axsys Technologies Announces Early Termination of HSR Waiting PeriodROCKY HILL, CT - Axsys Technologies announces early termination of HSR warning period for proposed aquisition by General Dynamics Advanced Information Systems. Axsys schedules special stockholder meeting for September 1, 2009.
July 10 2009
Axsys Technologies Announces Plan for Communicating Second Quarter ResultsROCKY HILL, CT - Axsys Technologies, Inc. (NASDAQ:AXYS), a global leader in the design and development of high-performance surveillance cameras, imaging systems and related motion control technologies, today announced that it will not hold a quarterly teleconference or issue an earnings release to discuss its financial results as a result of the pending acquisition by General Dynamics Advanced Information Systems.
June 04 2009
General Dynamics Advanced Information Systems to Acquire Axsys Technologies, Inc.FAIRFAX, Va., and ROCKY HILL, Conn. - General Dynamics Advanced Information Systems, a business unit of General Dynamics (NYSE: GD), has entered into a definitive agreement to acquire Axsys Technologies, Inc., (NASDAQ: AXYS) for $54 per share of Axsys Technologies' outstanding common stock. The cost of the transaction would be $643 million.
April 28 2009
Axsys’ Cineflex V14 Used to Film Disney’s ‘Earth’ROCKY HILL, CT - When Filmmakers Alastair Forthergill and Mark Linfield set out to film Walt Disney's "Earth," they knew they needed the most advanced aerial camera technology available. In order to capture wildlife in its truest form, the team required a camera capable of filming subjects without upsetting the tranquility of nature while providing viewers with unparalleled clarity.
February 06 2009
Axsys Technologies Awarded $15.3 Million Contract For CROWS ProgramROCKY HILL, CT - Axsys Technologies, Inc. (NASDAQ:AXYS) has received a $15.3 million follow-on order from BAE Systems to produce dual-field-of-view infrared lenses as part of the U.S. Army's Common Remotely Operated Weapon Station (CROWS) program.