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                                                                   EXHIBIT 23(1)
 
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
 
  As independent public accountants, we hereby consent to the use of our
reports on Axsys Technologies, Inc. and to all references to our Firm included
in or made a part of this registration statement.
 
New York, New York
September 17, 1997
 
                                          Arthur Andersen LLP
 
                                          /s/ Arthur Andersen LLP
 
