Tuesday's Tech Winners & Losers

Shares of Intevac(IVAC Quote) were among technology's winners Tuesday, jumping 11% after the company said it received orders for 11 of its disk-sputtering systems.

As a result of the orders, Intevac expects 2006 revenue to top expectations. "These tools are scheduled for delivery in the fourth quarter this year and first quarter next year," the company said. "With these orders, we have now booked enough systems to not only exceed the high end of our May 1 revenue guidance for 2006 but also provide an excellent start for 2007," the company said. Analysts polled by Thomson First Call project 2006 revenue of $197.3 million. Intevac shares were trading up $2.28 to $23.90.

Flir Systems(FLIR Quote) soared 22% after Textron's(TXT Quote) Bell Helicopter unit selected the thermal imaging company's airborne multi-sensor system for its armed reconnaissance helicopter program. The system, which will be used by the Army, incorporates an advanced thermal imager, a CCD-TV camera, a laser designator and a laser rangefinder. Financial terms of the deal were not disclosed. Flir shares were higher by $4.73 to $26.37. ...