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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 Amendment No. 1 to the Registration Statement on Form
S-1.     
 
New York, New York
   
September 29, 1997     
 
                                          Arthur Andersen LLP
 
                                          /s/ Arthur Andersen LLP
 
