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.
The Nancy Grace Roman Space Telescope, launching in 2027, will be NASA's next flagship observatory, featuring a wide field of view 100 times larger than Hubble. With a 2.4-meter mirror, it will explore dark energy and exoplanets. Teledyne Technologies, awarded a $23 million contract, has exceeded its delivery obligations by providing 28 infrared sensor chip assemblies for the telescope, improving spectral bandwidth by 20%. Teledyne also produces visible light detectors for the telescope's coronagraph instrument, highlighting successful collaboration with NASA's Goddard Spaceflight Center.
Ethernet Alliance announced its participation at SC21, running from Nov. 15-18, 2021 in St. Louis, marking its first in-person event since the COVID-19 pandemic. The theme, ‘Science & Beyond’, emphasizes the critical role of high-performance computing (HPC) across various sectors. The Ethernet Alliance will showcase multivendor interoperability at Booth 1507, highlighting products from member companies like Amphenol Corporation (APH) and Teledyne LeCroy (TDY). Events chair David J. Rodgers stresses the importance of reliable interoperability for consumers.
Teledyne Technologies (NYSE:TDY) announced the participation of Vice Chairman Jason VanWees in three upcoming investor conferences: the Berenberg U.S. CEO Conference on November 9, the Baird Global Industrial Conference on November 10, and the Wolfe Research Industrial Growth & Technology Conference on November 15, 2021. Investors can access the latest presentation on Teledyne's website. The company, a leader in digital imaging, defense electronics, and engineered systems, operates across North America and Europe.
Teledyne Technologies (NYSE:TDY) reported record third-quarter sales of $1,311.9 million, a 75.2% increase year-over-year. GAAP diluted earnings per share rose 13.3% to $2.81, while non-GAAP earnings reached $4.34 per share. The company's operating margin was 14.5%, or 21.5% when adjusted for acquisition-related expenses. The FLIR acquisition contributed significantly, adding $473.6 million to net sales. Although cash flow from operations hit a record $192.8 million, the company also faced $92.3 million in acquisition-related costs.
Teledyne Technologies Incorporated (NYSE:TDY) has appointed Vincent J. Morales, the current CFO of PPG (NYSE:PPG), to its Board of Directors, effective November 1, 2021. This appointment increases the Board's total members to 11. Mr. Morales brings over 30 years of experience at PPG, where he advanced through various finance roles and has been CFO since March 2017. He was instrumental in PPG's strategic transformation. Teledyne specializes in advanced digital imaging, aerospace, and defense electronics.
Teledyne Technologies (NYSE:TDY) will host a conference call to discuss its third quarter 2021 results on October 27, 2021, at 8:00 a.m. Pacific. A press release with the financial results will be issued before the NYSE opens on the same day. Investors can access the call via Teledyne’s website, starting ten minutes prior to the call. A replay will be available for a month following the event, starting at 9:00 a.m. Pacific on October 27.
Teledyne DALSA announces the volume production of its Linea HS 16k Multifield TDI camera, featuring advanced imaging technology that captures three images simultaneously in a single scan. This camera utilizes a charge-domain CMOS TDI sensor and advanced dichroic filters, ensuring minimal spectral crosstalk. With a high-speed interface delivering 8.4 Gigapixels per second, it significantly enhances inspection speeds and image quality, ideally suited for applications in various industries including machine vision and life sciences.
Teledyne FLIR, part of Teledyne Technologies (NYSE:TDY), has launched the ION™ M640x tactical Unmanned Aerial System (UAS) designed for military and government applications. This UAS is an enhancement over the ION M440, featuring a 640x512 infrared sensor for double the resolution of comparable systems, and includes a Near-Infrared laser illuminator and smart object tracking capabilities. Weighing around 4 pounds, the portable M640x is suitable for challenging environments. With its advanced technologies, it aims to deliver top-tier solutions in defense and public safety sectors.
Teledyne, a leader in machine vision technology, will showcase its innovations at Vision 2021 from October 5-7 in Stuttgart, Germany. Attendees can explore a comprehensive portfolio of imaging technologies from Teledyne's brands, including DALSA, e2v, FLIR, and Lumenera. Keynote presentations will feature insights on high-speed clarity and 3D imaging. New products such as the Linea HS 16K Multifield camera, Sapera Vision Software with AI capabilities, and advanced CMOS sensors will be introduced, highlighting Teledyne's commitment to cutting-edge solutions in industrial and scientific imaging.
Teledyne Relays unveiled an expanded range of coax switches with capabilities exceeding 50 GHz, now offering models like CCR-38U and CCS-37U. These switches, designed for demanding applications such as 5G testing and military radar, feature a wide operational temperature range (-55 to +85 °C) and can withstand high shock levels (500 Gs). With low weight and high durability (up to 5 million cycles), these switches enhance reliability for telecommunications and defense sectors. The new offerings are available for immediate order.