 Moodys Investors Service changed the ratings outlook of FLIR Systems, Inc. FLIR or the company to stable from negative and affirmed the Baa3 senior unsecured notes rating. According the Moodys analyst Bruce Herskovics, The ratings outlook change to stable from negative reflects our expectation that leverage and liquidity will ultimately remain within a supportive range, nothwithstanding financial policies that became somewhat more aggressive and opportunistic over the past two years. Regarding the Baa3 senior unsecured rating, Herskovics added that FLIRs technology franchise gives the company a leading position within the thermal imaging camerapayload niche, a market specialization that offers high margin and return potential which suits the rating level despite a relatively modest revenue scale that is less characteristic. 