SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549
                           FORM 10-K/A

/x/ Annual report pursuant to Section 13 or 15(d) of the Securities
    Exchange Act of 1934 for the fiscal year ended December 31, 1997, or
/ / Transition report pursuant to Section 13 or 15(d) of the Securities
    Exchange Act of 1934 for the transition period from ________ to
    _______.  

Commission File Number         1-5562                                    

                       KOLLMORGEN CORPORATION                  
     (Exact name of registrant as specified in its charter)

          New York                                    04-2151861     
(State or other jurisdiction of                   (I.R.S. Employer 
incorporation or organization)                    Identification No.)

Reservoir Place, 1601 Trapelo Road, Waltham, MA            02154-7333 
   (Address of principal executive office)                 (Zip Code) 

Registrant's telephone number, including area code    (617) 890-5655     

Securities registered pursuant to Section 12(b) of the Act: 
                                          Name of each exchange on
        Title of each class                      which registered 
    Common Stock - $2.50 par value        New York Stock Exchange, Inc.
    Preferred Stock Purchase Rights       New York Stock Exchange, Inc.
    8 3/4% Convertible Subordinated
       Debentures Due 2009                New York Stock Exchange, Inc.

Securities registered pursuant to Section 12(g) of the Act: 
                                None           
                        (Title of each class) 

    Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.
    Yes    X      No         

    Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of the registrant's knowledge, in definitive proxy
or information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K.     /   /  

    State the aggregate market value of the voting stock held by non-
affiliates of the registrant.      $207,071,992 as of March 24, 1998.  

    Indicate the number of outstanding shares of the registrant's Common
Stock.      10,054,474 shares as of March 24, 1998.  

               DOCUMENTS INCORPORATED BY REFERENCE

    Portions of the 1998 Definitive Proxy Statement to be filed for the
1998 Annual Meeting of Shareholders are incorporated by reference into
Part III.  
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                    REPORT OF INDEPENDENT ACCOUNTANTS


To the Board of Directors and Shareholders
Kollmorgen Corporation:  

    We have audited the accompanying consolidated balance sheets of
Kollmorgen Corporation and subsidiaries as of December 31, 1997 and 1996,
and the related consolidated statements of operations, shareholders'
equity and cash flows for each of the three years in the period ended
December 31, 1997.  These consolidated financial statements are the
responsibility of the Company's management.  Our responsibility is to
express an opinion on these consolidated financial statements based on our
audits.  

    We conducted our audits in accordance with generally accepted
auditing standards.  Those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes
examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements.  An audit also includes assessing
the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation.  We believe that our audits provide a reasonable basis for
our opinion.  

    In our opinion, the financial statements referred to above present
fairly, in all material respects, the consolidated financial position of
Kollmorgen Corporation and subsidiaries as of December 31, 1997 and 1996,
and the consolidated results of its operations and its cash flows for each
of the three years in the period ended December 31, 1997, in conformity
with generally accepted accounting principles.  


                                         /s/ Coopers & Lybrand L.L.P.


                                 COOPERS & LYBRAND L.L.P.     

Boston, Massachusetts
January 24, 1998, except as to the
  information presented in Note 19
  relating to the Tender Offer
  termination for which the date is
  February 2, 1998.  

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                               SIGNATURES


    Pursuant to the requirements of Section 13 of the Securities Exchange
Act of 1934, Kollmorgen Corporation has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.  

                             KOLLMORGEN CORPORATION 


                                /s/  Robert J. Cobuzzi        
                             Robert J. Cobuzzi
                             Its: Senior Vice President, Treasurer
                                      and Chief Financial Officer
                                 March 30, 1998

    Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of
the Company and in the capacities and on the dates indicated:  


  /s/  Gideon Argov                
Gideon Argov                          March 30, 1998
President and 
Chief Executive Officer/Director 


  /s/  Robert J. Cobuzzi           
Robert J. Cobuzzi                         March 30, 1998 
Senior Vice President, Treasurer and 
Chief Financial Officer/Director


  /s/  Keith D. Jones              
Keith D. Jones                            March 30, 1998
Controller and 
Chief Accounting Officer


  /s/  James A. Eder               
James A. Eder                             March 30, 1998
Vice President and Secretary and
Attorney-in-Fact For:  

    Jerald G. Fishman, Director       J. Douglas Maxwell, Jr., Director
        
    Herbert L. Henkel, Director       Geoffrey S. Rehnert, Director

    James H. Kasschau, Director       George P. Stephan, Director