Welcome to our dedicated page for Teledyne Tech news (Ticker: TDY), a resource for investors and traders seeking the latest updates and insights on Teledyne Tech stock.
Teledyne Technologies Inc (TDY) provides mission-critical solutions across defense, industrial, and environmental sectors through advanced instrumentation, digital imaging systems, and aerospace electronics. This news hub offers investors and industry professionals direct access to the company's official communications and strategic developments.
Track comprehensive updates including quarterly earnings disclosures, product innovation announcements, and regulatory filings. Our curated feed ensures timely access to material events affecting TDY's four core segments: precision instrumentation, imaging technologies, defense electronics, and engineered systems.
Key updates cover contracts with government agencies, advancements in marine monitoring technologies, and innovations in machine vision applications. Bookmark this page to monitor Teledyne's progress in developing solutions for aerospace communications, environmental sensing, and industrial automation markets.
Teledyne FLIR Defense has showcased its Lightweight Vehicle Surveillance System (LVSS) on a HUMVEE at the AUSA annual conference. This system integrates advanced radar, cameras, and sensors to counter threats from small Unmanned Aerial Systems (sUAS). Additionally, they launched the StormCaster-E payload for enhanced imaging and the StormCaster-DX laser designator for precise targeting. This technology aims to improve mobile command and control for the Army, enhancing operational capabilities and decision-making support.
Inmarsat has partnered with Teledyne Controls to enhance digital operations for airlines in Europe through the Iris air traffic modernization program. The partnership will integrate Inmarsat's SB-S platform with Teledyne's AID+ technology, enabling real-time IP connectivity across 14,000 aircraft. Benefits include reduced delays, fuel savings, and carbon emissions, which are crucial for aviation's recovery post-COVID-19. This collaboration aims to optimize airline operations and improve ROI for Inmarsat's customers.
Teledyne DALSA has launched AxCIS, a new family of high-speed, high-resolution fully integrated line scan imaging modules designed for machine vision applications. This innovative solution combines sensors, lenses, and lights into one system, enhancing efficiency and cost-effectiveness. Utilizing Teledyne's quadlinear CMOS image sensors, AxCIS achieves line rates of up to 120 kHz for monochrome images and 60 kHz for color, all at 900 dpi resolution. The system is compact, features HDR imaging capabilities for detecting defects, and supports long-distance data transmission via Camera Link HS SFP+ interface.
Teledyne FLIR Defense has released a new whitepaper detailing the significance of precision fires and advanced Laser Target Designator technology for Group 1 UAS platforms. The whitepaper explores how these technologies can enhance operational capabilities and address current battlefield challenges, particularly in the context of modern military engagements. With the ongoing conflict in Ukraine, the demand for precision-guided munitions has become evident, as they enable targeted strikes while minimizing collateral damage. The findings highlight the U.S. military’s prioritization of such technologies.
Teledyne Technologies (NYSE:TDY) announced its subsidiary, Teledyne Brown Engineering, has secured the MOSSI II contract, valued at a potential $596.5 million. As Prime Contractor, Teledyne will oversee mission operations for the International Space Station (ISS), following over 20 years of similar support. The contract includes mission preparation, crew training, and real-time operations, starting around September 9, 2022. Teledyne Brown has dedicated over 175,000 hours of support for the ISS and aims to continue its integral role in NASA's space missions.
Teledyne FLIR has launched the SIRAS™, a professional drone equipped with a dual radiometric thermal and visible camera payload aimed at industrial inspections, public safety, and firefighting. Priced at $9,695 USD, the SIRAS offers a 31-minute flight time and features patented MSX® technology for enhanced imaging. It boasts data security with onboard SD card storage and a quick-connect gimbal for easy payload changes. The drone is set to ship in Q4 2022, manufactured in collaboration with Coretronic Intelligent Robotics Corporation.
Teledyne e2v launched the Optimom™ 2-Megapixel optical module, marking its entry into the MIPI CSI-2 module market. Designed for applications in robotics, drones, and laboratory equipment, the module requires minimal development effort. It features a standard FPC connector and includes a Development Kit for easy integration with platforms like NVIDIA Jetson. Offering customizable options and a compact design, the Optimom 2M is powered by a low-noise global shutter sensor for clear images of fast-moving objects. The module will be showcased at VISION Stuttgart from October 4-6.
Teledyne Technologies (NYSE: TDY) is expanding its high-speed mixed-signal integrated circuits with two new Track & Hold Amplifiers featuring a 50 GHz input bandwidth. The RTH110 amplifier supports clock frequencies from 100 MS/s to 1 GS/s, while the RTH130 reaches up to 14 GS/s. Both amplifiers promise low total harmonic distortion and efficient power dissipation, enhancing signal acquisition and processing capabilities for broadband applications. The products are offered in a compact 4x4mm QFN package.
Teledyne Technologies (NYSE:TDY) announced that Vice Chairman Jason VanWees will present at two upcoming investor conferences: the 11th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech Conference on August 5, 2022, and the Jefferies Industrials Conference on August 10, 2022. A live webcast of the Jefferies conference will be accessible on Teledyne’s website at 10:30 a.m. Eastern Time. Teledyne is recognized for its advanced digital imaging products and engineering systems, with operations across the U.S., Canada, the U.K., and Europe.
Teledyne Technologies (TDY) reported a record second quarter sales of $1.36 billion, a 20.9% increase year-over-year. Net income soared to $171.3 million ($3.59 EPS), a 164.8% rise from $64.7 million in Q2 2021. Notably, the FLIR acquisition contributed $167.6 million to sales. Despite strong performance, the company revised its full-year GAAP earnings outlook to $15.13-$15.45, down from $15.34-$15.66, reflecting currency headwinds and supply chain issues. The operating margin improved to 16.9%, with a record backlog of over $3 billion, and a stable leverage ratio of 2.5x.