<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET OF AXSYS TECHNOLOGIES, INC. AS OF SEPTEMBER 30, 1997 AND THE RELATED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 531 <SECURITIES> 0 <RECEIVABLES> 17,599 <ALLOWANCES> 392 <INVENTORY> 27,905 <CURRENT-ASSETS> 47,100 <PP&E> 24,907 <DEPRECIATION> 9,726 <TOTAL-ASSETS> 76,925 <CURRENT-LIABILITIES> 22,442 <BONDS> 26,353 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 30 <OTHER-SE> 25,386 <TOTAL-LIABILITY-AND-EQUITY> 76,925 <SALES> 90,523 <TOTAL-REVENUES> 90,523 <CGS> 65,885 <TOTAL-COSTS> 65,885 <OTHER-EXPENSES> 16,038 <LOSS-PROVISION> 87 <INTEREST-EXPENSE> 2,166 <INCOME-PRETAX> 6,410 <INCOME-TAX> 2,594 <INCOME-CONTINUING> 3,816 <DISCONTINUED> 244 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,572 <EPS-PRIMARY> 1.04 <EPS-DILUTED> 1.04