Lockheed Martin to acquire Gyrocam Systems

  • 16-Sep-2009 04:30 EDT
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Gyrocam, headquartered in Sarasota, FL, with personnel in Washington, D.C.; Iraq; and Afghanistan, develops and supplies gyrostabalized optical surveillance systems and sustainment field services principally to the U.S. military.

Lockheed Martin Corp. has agreed to acquire Sarasota, FL-based Gyrocam Systems LLC, a developer and supplier of gyrostabalized optical surveillance systems and sustainment field services principally to the U.S. military. Gyrocam provides combat forces greater situational awareness in virtually all conditions with real-time reconnaissance and threat identification and tracking from safe, stand-off distances. The company’s ISR (intelligence, surveillance, and reconnaissance) products are primarily in use on ground vehicles operated by the U.S. Army, Marine Corps, and U.S. Air Force. Lockheed Martin Missiles and Fire Control, a unit of Lockheed Martin's Electronic Systems business area, will manage the Gyrocam business.

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