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 Incorporated (NYSE: TDY) regularly issues news covering its activities in digital imaging, instrumentation, aerospace and defense electronics, and engineered systems. This page aggregates company announcements so readers can follow developments across Teledyne’s operating groups, including Teledyne FLIR Defense, Teledyne Brown Engineering, Teledyne LeCroy, Teledyne DALSA, and Teledyne MEMS.
Recent news highlights Teledyne’s role in defense and security programs. Teledyne FLIR Defense has announced contracts with the U.S. Army and U.S. Marine Corps for advanced electro-optical and infrared systems, long-range thermal imaging sights, radars, and Rogue 1 reusable loitering munition systems. Other releases describe support for foreign military sales and modernization efforts, such as integrating reconnaissance sensor kits on Stryker armored vehicles.
Teledyne Brown Engineering news includes contract modifications from the Naval Sea Systems Command to provide spares and support for the MK11 SEAL Delivery Vehicle fleet, a manned platform used to clandestinely deliver Special Operations Forces. These updates illustrate Teledyne’s ongoing work in engineered systems for demanding maritime and defense environments.
In the technology and industrial arena, Teledyne LeCroy reports on new compliance test and debug solutions for high-speed standards like DisplayPort 2.1, while Teledyne DALSA announces high-throughput frame grabbers such as the Xtium3 PCIe Gen4 family for industrial imaging applications. Teledyne MEMS and corporate announcements also address participation in semiconductor initiatives and acquisitions like DD-Scientific, which adds electrochemical gas sensors to Teledyne’s instrumentation portfolio.
Investors, engineers, and industry observers can use this news feed to monitor contract awards, product introductions, acquisitions, governance updates, and investor events involving Teledyne Technologies and its subsidiaries.
Teledyne FLIR Defense, a unit of Teledyne Technologies (NYSE:TDY), has secured a $13.3 million contract from the U.S. Department of Defense. This contract aims to enhance the R80D SkyRaider unmanned aerial system for autonomous chemical, biological, radiological, and nuclear reconnaissance missions. Key improvements include the integration of advanced flight control software, allowing the drone to operate without direct human control, minimizing soldiers' exposure to toxic threats. Initial deliveries are expected in fall 2023, with a contract period of 33 months if all options are exercised.
Teledyne Technologies (NYSE:TDY) reported record quarterly sales of $1,418.2 million, reflecting a 3.1% increase year-over-year. The company achieved GAAP diluted earnings per share of $4.74 and non-GAAP EPS of $4.94. For 2022, annual sales reached $5,458.6 million, a substantial 18.3% increase, with net income up 77.1% to $788.6 million. The company anticipates full year 2023 GAAP EPS between $15.80 and $16.10, and non-GAAP EPS between $19.00 and $19.20. The successful acquisition of ETM along with a decline in the Consolidated Leverage Ratio to 2.4x showcased strong business development.
Teledyne Technologies (NYSE:TDY) will hold a conference call on January 25, 2023, at 8:00 a.m. Pacific to discuss its fourth quarter and full year 2022 results. The financial results will be released before the stock market opens on the same date. Investors can access the call via the Teledyne website approximately ten minutes prior to the start time. A replay will be available for a month following the call. Teledyne is recognized for its expertise in digital imaging products, instrumentation, and aerospace and defense electronics, with operations primarily in the US, Canada, UK, and Europe.
Teledyne Technologies (NYSE:TDY) announced that Vice Chairman Jason VanWees will present at the 25th Annual Needham Virtual Growth Conference on January 12, 2023. The investor presentation will be available on Teledyne's website. The company specializes in digital imaging, instrumentation, aerospace, and defense electronics. Teledyne's operations span across the U.S., Canada, the UK, and Northern Europe. Forward-looking statements in the presentation are subject to risks, including supply chain challenges, rising interest rates, and geopolitical tensions.
Teledyne e2v, part of Teledyne Technologies (NYSE: TDY), has launched the Hydra3D+, a Time-of-Flight (ToF) CMOS image sensor with 832 x 600 pixel resolution. The sensor features a new 10 µm three-tap pixel that allows very fast transfer times and provides high sensitivity in the NIR wavelength. Its design aims to eliminate motion artifacts and handle multiple active systems concurrently. With high resolution and on-chip HDR capabilities, Hydra3D+ is suited for various applications, including factory automation and outdoor environments. Documentation and support tools are available upon request.
Teledyne Technologies (NYSE:TDY) has acquired ChartWorld International Limited, a prominent provider of digital marine navigation hardware and software. ChartWorld offers a subscription-based service that includes Electronic Chart Display and Information Systems (ECDIS), lifetime warranties, and global support. This acquisition bridges a technology gap between Teledyne Marine and Raymarine, enhancing software capabilities and recurring revenue, while extending their market reach to commercial Safety of Life at Sea (SOLAS) vessels. Financial details of the transaction were not disclosed.
Teledyne DALSA announces the launch of its new Axios IGZO-based X-ray detectors, set to debut at the RSNA 2022 Technical Exhibition in Chicago from November 27 to December 1. The Axios series aims to bridge the performance gap between amorphous silicon and CMOS detectors, offering high image quality for demanding medical applications. These detectors promise significant cost savings and better diagnostic outcomes compared to traditional CMOS technologies, featuring artifact-free images and enhanced signal-to-noise ratios.
Teledyne FLIR, a part of Teledyne Technologies (NYSE: TDY), has launched the FLIR ONE® Edge Pro, a wireless thermal-visible camera compatible with mobile devices. This model allows for flexible thermal inspections without needing physical connections or specific operating systems. Features include a detachable design, IP54 rating, and a range of up to 30 meters via Bluetooth and Wi-Fi. Enhanced image quality is achieved through VividIR™ and MSX® technologies. The device is now available for order worldwide starting November 10, with various software tools for improved usability.
Teledyne Technologies (NYSE:TDY) announced that Vice Chairman Jason VanWees will participate in the Baird 2022 Global Industrial Conference on November 10. The latest investor presentation will be accessible on Teledyne's website for stakeholders and potential investors. Teledyne, known for its advanced detailed imaging products and aerospace solutions, operates primarily in the U.S., Canada, U.K., and Europe. The company cautions that forward-looking statements in the presentation involve risks and uncertainties that could affect future results.
Teledyne FLIR Defense has introduced the new MUVE™ R430 drone sensor payload, designed for remote detection and identification of radiation sources. This advanced system enhances safety by enabling quicker responses during radiation events. The R430, which integrates with Teledyne's SkyRanger® R70 and R80D SkyRaider™ drones, offers features like contamination mapping and audible alerts. The product is the third in the MUVE series, following the introduction of payloads for biological and chemical hazard detection. Teledyne continues to invest in sensing technologies for comprehensive mission solutions.