<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET OF AXSYS TECHNOLOGIES, INC. AS OF JUNE 30, 1998 AND THE RELATED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 556 <SECURITIES> 0 <RECEIVABLES> 19,464 <ALLOWANCES> 393 <INVENTORY> 30,698 <CURRENT-ASSETS> 52,914 <PP&E> 28,280 <DEPRECIATION> 11,862 <TOTAL-ASSETS> 83,371 <CURRENT-LIABILITIES> 20,683 <BONDS> 7,882 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 41 <OTHER-SE> 52,226 <TOTAL-LIABILITY-AND-EQUITY> 83,371 <SALES> 67,261 <TOTAL-REVENUES> 67,261 <CGS> 48,679 <TOTAL-COSTS> 48,679 <OTHER-EXPENSES> 12,330 <LOSS-PROVISION> 50 <INTEREST-EXPENSE> 546 <INCOME-PRETAX> 5,656 <INCOME-TAX> 1,063 <INCOME-CONTINUING> 4,593 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,593 <EPS-PRIMARY> 1.09 <EPS-DILUTED> 1.08