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Axsys Technologies Realigns To Enhance Security Focus

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Axsys Technologies [AXYS] on Monday said it has sold its non-core Distributed Products business and has realigned its organizational structure to focus on its security, defense and space markets. Under the new organization Axsys will have two business units: the Surveillance Systems Group and the Imaging Systems Group. Surveillance Systems will consist of all infrared cameras and gyro-stabilized camera systems. The group will be led by Randy Moore, a former Kollsman executive. The Imaging Systems Group will include all of…

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