8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES

EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 10, 2005

FLIR SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

OREGON	0-21918	93-0708501
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

27700A SW Parkway Avenue

Wilsonville, Oregon 97070

(503) 498-9547

(Address, including zip code, and telephone number, including

area code, of registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On October 10, 2005, FLIR Systems, Inc. (“the Company”) issued a press release announcing its preliminary expectations as to financial results for the quarter ended September 30, 2005 and the year ending December 31, 2005. The press release contains forward-looking statements regarding the Company, and includes cautionary statements identifying important factors that could cause actual results to differ materially from those anticipated.

The press release issued October 10, 2005 is furnished herewith as Exhibit 99.1 to this Report, and shall not be deemed to be filed for purposes of Section 18 of the Exchange Act.

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits.

99.1 Press release issued by FLIR Systems, Inc. dated October 10, 2005.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on October 10, 2005.

FLIR SYSTEMS, INC. (Registrant)
By	/s/ Stephen M. Bailey
	Stephen M. Bailey Sr. Vice President, Finance and Chief Financial Officer

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EX-99.1

Exhibit 99.1

	NEWS RELEASE
Company contact: Anthony Trunzo FLIR Systems, Inc. (503) 498-3547 www.flir.com

FLIR Systems Announces Preliminary Third Quarter

2005 Earnings and Revenue Expectations

Company Revises full Year Guidance

PORTLAND, Ore. – October 10, 2005 — FLIR Systems, Inc. (NASDAQ:FLIR) today announced it expects revenue for the quarter ended September 30, 2005 to be approximately $112 million, and net earnings per fully diluted share for the quarter to be in the range of $0.21 to $0.23. Backlog at September 30, 2005 is expected to be approximately $200 million to $205 million, an increase of $30 million to $35 million compared with the backlog at June 30, 2005. The company will announce full third quarter financial results on October 19, 2005.

Full Year Earnings and Revenue Guidance

The Company also revised its full year 2005 financial outlook. Management currently expects revenue for the full year 2005 to be in the range of $510 million to $520 million, and net earnings per fully diluted share to be in the range of $1.12 to $1.17. The Company had previously announced its expectations that revenue would be in the range of $545 million to $555 million and net earnings per fully diluted share would be in the range of $1.17 to $1.22.

Commenting on the third quarter results and the outlook for the year, Earl Lewis, Chairman President and CEO of FLIR, stated “third quarter revenue was disappointing, due largely to lower than expected book and ship business in our Imaging division, and lower than expected European revenue in our Thermography division. Our Imaging division experienced very good bookings in the quarter, resulting in a record level of backlog. While this strong order flow supports our positive long term outlook, we do not expect to recoup the third quarter revenue and earnings shortfall in the fourth quarter, and are thus reducing our revenue and EPS outlook for the year.”

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The Forward Looking Infrared Company

FLIR Systems, Inc.   •   27700A SW Parkway Ave   •   Wilsonville, OR 97070   •   USA

Telephone: +1(800) 322 3731   •   www.flir.com

FLIR Systems Announces Preliminary 2005 Outlook

October 10, 2005

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Forward-Looking Statements

The statements in this release by Earl R. Lewis and the statements regarding the Company’s expectations as to revenue and net earnings for the quarter ended September 30, 2005 and the year ending December 31, 2005 above are forward-looking statements. Such statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including the following: changes in demand for the Company’s products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, the Company’s continuing compliance with US export control laws and regulations, the timely receipt of export licenses for international shipments, constraints on supplies of critical components, excess or shortage of production capacity, the ability of the Company to manufacture and ship products in the time period required, actual purchases under agreements, the continuing eligibility of the Company to act as a federal contractor, the amount and availability of appropriated government procurement funds and other risks discussed from time to time in the Company’s Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

About FLIR Systems

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of Thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security. Visit the company’s web site at www.FLIR.com.

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The Forward Looking Infrared Company

FLIR Systems, Inc.   •   27700A SW Parkway Ave   •   Wilsonville, OR 97070   •   USA

Telephone: +1(800) 322 3731   •   www.flir.com