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Teledyne Technologies Incorporated - $TDY STOCK NEWS

Welcome to our dedicated page for Teledyne Technologies Incorporated news (Ticker: $TDY), a resource for investors and traders seeking the latest updates and insights on Teledyne Technologies Incorporated stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Teledyne Technologies Incorporated's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Teledyne FLIR Defense, a part of Teledyne Technologies Incorporated (NYSE: TDY), unveiled its new Rogue 1™ loitering munition system at the Special Operations Forces (SOF) Week convention in Tampa. Rogue 1 is an advanced unmanned aerial system that offers precision-strikes against various enemy targets, features a unique fuzing system for safe drone recovery, and provides mission-specific payload options for tactical teams. The system leverages Teledyne FLIR's expertise in sensor technology to deliver day/night reconnaissance and surveillance capabilities, with modular payloads designed for distinct target types. With a 30-minute flight time, burst speeds of over 70 mph, and a range of more than six miles, Rogue 1 is designed for harsh battlefield conditions, offering versatility, survivability, and lethality for modern warfare.

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Teledyne Technologies reported first-quarter results with orders of $1,433.2 million, an increase of 7.8% from last year. Sales were $1,350.1 million. The company achieved record first-quarter non-GAAP operating margin of 21.2%. GAAP diluted earnings per share were $3.72, while non-GAAP diluted earnings per share were $4.55. Cash from operations was $291.0 million, with free cash flow reaching an all-time high of $275.1 million. The company revised its full-year 2024 earnings per share outlook. Teledyne completed the acquisition of Valeport and announced the pending acquisition of Adimec Holdings B.V. The company improved its consolidated leverage ratio to 1.7x and made a $450 million debt maturity payment after the quarter ended. Planned capital deployment includes stock repurchases of approximately $250.0 to $300.0 million.
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Teledyne e2v and Airy3D collaboration introduces the Topaz5D™, a cost-effective 2 megapixel global shutter sensor producing 2D images and 3D depth maps. The partnership aims to offer affordable 3D vision solutions for various industries, leveraging Teledyne e2v's sensor design expertise and Airy3D's patented technology. The initiative provides evaluation kits and sensor samples for interested parties.
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Teledyne Technologies Incorporated (NYSE:TDY) will discuss its first quarter 2024 results in a conference call on April 24, 2024. The company is a leading provider of digital imaging products, software, instrumentation, aerospace, defense electronics, and engineered systems.
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Teledyne FLIR Defense, a part of Teledyne Technologies Incorporated (NYSE:TDY), has been awarded a $249 million IDIQ contract by the U.S. Marine Corps for its Organic Precision Fires-Light program. The contract includes an initial delivery order valued at $12 million for a new recoverable and reusable loitering munition drone platform that will enhance the Marine Corps' precision strike capabilities.
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Teledyne Technologies Incorporated (NYSE:TDY) executives to participate in Bank of America Global Industrials Conference. The company is a prominent provider of digital imaging products, aerospace, and defense electronics.
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Teledyne Technologies (TDY) acquires Valeport Holdings, a UK-based company specializing in underwater sensors for various applications. The acquisition aims to enhance Teledyne's technology offerings in the marine sector.
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FLIR, a Teledyne Technologies company, expands its Si-Series of acoustic imaging cameras with the new Si2 family, offering best-in-class performance for detecting compressed air leaks, specialty gas leaks, mechanical faults, and partial discharges. The Si2-Pro, Si2-LD, and Si2-PD models provide superior image quality, longer detection distances, increased sensitivity, and improved issue classification. These cameras feature advanced automatic filtering to identify leaks by sound signatures, 'mech mode' for quick mechanical fault detection, and decision support tools for severity assessment, cost analysis, and leak size estimation. The Si2-Pro offers a comprehensive solution for addressing mechanical bearing issues, partial discharges, and reducing expenses from leaks. FLIR aims to enhance safety and prevent costly failures with the new Si-Series, positioning them as the industry's most complete acoustic imaging cameras.
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Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), secures a significant contract with Canada's Department of National Defence to provide over 800 SkyRanger R70 Unmanned Aerial Systems valued at CAD$95 million for donation to Ukraine. The drones feature advanced capabilities and sensors for long-range target detection, adding to Teledyne's existing unmanned systems and counter-drone technology support for Ukraine's military.
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Teledyne Technologies Incorporated (NYSE:TDY) has announced the acquisition of Adimec Holding B.V. and its subsidiaries, a company specializing in high-performance industrial and scientific cameras. The acquisition aims to enhance Teledyne's presence in healthcare, global defense, and semiconductor industries.
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Teledyne Technologies Incorporated

NYSE:TDY

TDY Rankings

TDY Stock Data

18.64B
46.78M
1.17%
92.92%
1.69%
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Manufacturing
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United States of America
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About TDY

teledyne technologies is a leading provider of sophisticated electronic components, instruments & communications products, including defense electronics, data acquisition & communications equipment for airlines and business aircraft, monitoring and control instruments for industrial and environmental applications and components, and subsystems for wireless and satellite communications. the teledyne solution no matter what challenge you face, teledyne has a solution. the diverse segments of teledyne technologies incorporated bring decades of experience to bear on every project, working in cooperation to develop leading edge technologies. our markets we serve niche market segments where performance, precision and reliability are critical. our customers include major industrial and communications companies, government agencies, aerospace prime contractors and general aviation companies.