Teledyne Technologies Incorporated Common Stock (TDY)

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Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that Teledyne’s Board of Directors named George C. Bobb III as Teledyne’s President and Chief Executive Officer, effective immediately. Simultaneously, Edwin Roks has retired as Teledyne’s Chief Executive Officer, but will continue as a special advisor to Robert Mehrabian, Executive Chairman, through August 31, 2025.

PALM BEACH, Fla., May 01, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - LIDAR is being used in more industries across all markets and in many environments… one of which is water. People have studied the underwater depth of river, sea, and ocean floors for thousands of years to be able to safely navigate boats through the water. Today, such depth measurements are done using advanced technology that includes either sound (sonar), or laser pulses (LiDAR). The study of underwater topographies is called bathymetry, whereas studying underwater depths is known under terms such as seafloor mapping or imaging. According to a recent report from Precedence Research the global LiDAR market, including bathymetric LiDAR, is projected to reach a substantial $13.74 billion by 2033, growing at a CAGR of 21.56% from 2024 to 2033. This growth is driven by increased adoption in various sectors, including autonomous vehicles, infrastructure development, and environmental applications like forestry and flood modeling. A recent article by an industry insider said: “Bathymetric LiDAR was first used to detect submarines. However, many more applications have been developed that use bathymetric LiDAR as a result of advancing sensor technology. With smaller platforms including unmanned drones and small helicopters that can carry heavier payloads, bathymetric LiDAR systems can cover large areas quickly and capture accurate 3D data that includes the seabed and surrounding terrain of different water bodies.   Over time, bathymetric LiDAR has proven to be a fast, reliable, accurate, and safe technique for rapidly mapping nearshore waters, beaches, coastal engineering structures, and more. Compared to traditional methods, such as sonar-based systems or manual depth soundings, bathymetric LiDAR can generate more detailed and precise maps of underwater topography. It also allows for seamless mapping of both water and surrounding land, with the ability to reach up to three times the visible water depth.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), AeroVironment (NASDAQ: AVAV), Teledyne Technologies Incorporated (NYSE: TDY), Ouster, Inc. (NASDAQ: OUST).

In a new whitepaper, Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), says that emerging cost-effective precision strike solutions that can be safely recovered and reused offer a strong alternative to more commonly deployed ‘One-Way Attack’ or First Person View (FPV) drones.

Teledyne Technologies Incorporated (NYSE:TDY)

Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its first quarter 2025 results on Wednesday, April 23, 2025, at 8:00 a.m. Pacific. A press release with the first quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, April 23, 2025.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced it has been awarded a four year, $74.2 million contract by the U.S. Army for continued development of the next-generation mounted reconnaissance capability for the M1135 Stryker’s Nuclear, Biological and Chemical Reconnaissance Vehicle (NBCRV) Sensor Suite Upgrade Program.

FLIR, a Teledyne Technologies company, today unveiled FLIR MIX Starter Kits, an advanced multispectral imaging solution designed to bring greater detail and accuracy to infrared imaging. By blending thermal and visible-light imagery, FLIR MIX gives researchers and engineers a powerful new way to analyze, interpret, and share complex thermal environments with greater accuracy.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has won a contract valued at $7.8 million with Middle East Task Company (METCO) to provide its next-generation LVSS (Lightweight Vehicle Surveillance System) to a high-profile military entity in Saudi Arabia. The agreement also includes mission support equipment and training. Quantities were not disclosed.

Teledyne Technologies Incorporated (NYSE:TDY) today announced that Edwin Roks, Chief Executive Officer, and Jason VanWees, Vice Chairman, will be holding investor meetings at the Bank of America Global Industrials Conference 2025 on Wednesday, March 19.

Teledyne Technologies Incorporated (NYSE:TDY), a leading provider of advanced imaging solutions, is proud to announce its continuing pattern of on-time and early deliveries for the Space Development Agency's (SDA) proliferated constellation. This week marks the delivery of the 100th large format focal plane module, counting deliveries from the Tranche 0, Tranche 1, and now Tranche 2 tracking layers.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has received an order from the German Army to provide its Black Hornet® 4 Personal Reconnaissance Systems to German armed forces.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that its Black Hornet® 4 Personal Reconnaissance System has been selected as a winner of the Blue UAS Refresh.

Teledyne Technologies Incorporated (NYSE:TDY) today announced that George Bobb, President and Chief Operating Officer, and Jason VanWees, Vice Chairman, will present at the TD Cowen 46th Annual Aerospace & Defense Conference at the Ritz-Carlton – Pentagon City in Arlington, Va. on Thursday, February 13, at 9:15 a.m. Eastern Time.

Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today the successful completion of the acquisition of select aerospace and defense electronics businesses from Excelitas Technologies Corp. (“Excelitas”) for approximately $710 million. The acquisition includes the optical systems business known under the Qioptiq® brand based in Northern Wales, UK, as well as the U.S.-based advanced electronic systems business.

Teledyne Technologies Incorporated (NYSE:TDY)

Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its fourth quarter and full year 2024 results on Wednesday, January 22, 2025, at 8:00 a.m. Pacific. A press release with the fourth quarter and full year financial results will be issued before the opening of the New York Stock Exchange on Wednesday, January 22, 2025.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced it has been awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract worth up to $74.2 million to provide modernized imaging surveillance systems to the United States Coast Guard (USCG).

Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Micropac Industries, Inc. (OTC:MPAD) (“Micropac”) jointly announced today the successful completion of the previously announced merger of Micropac with a wholly-owned subsidiary of Teledyne.

Teledyne FLIR OEM, part of Teledyne Technologies Incorporated (NYSE: TDY), in collaboration with VSI Labs today issued test results utilizing the new Federal Motor Vehicle Safety Standard (FMVSS) No. 127 pedestrian automatic emergency braking (PAEB) testing scenarios. VSI Labs’ research vehicle, which included the latest automatic emergency braking (AEB) thermal camera from Teledyne FLIR OEM, successfully passed all tests, while three new 2024 vehicles failed two or more nighttime test scenarios.

Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, Vice Chairman, will participate in the following investor conferences:

FLIR, a Teledyne Technologies company (NYSE:TDY), today introduced the FLIR Scout Pro, a next-generation thermal monocular designed to meet the rigorous demands of law enforcement and public safety professionals. Building on a legacy of reliable FLIR thermal monoculars, the Scout Pro offers exceptional situation awareness with its 32-degree field of view, allowing users to detect humans up to 500 meters (1,640 feet) away while maintaining a broad visual perspective. This balance of wide coverage and practical detection range provides the critical information and intelligence needed to patrol areas safely or to locate missing or injured people quickly.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has announced that it will be delivering its UltraFORCE® 380X-HDc multi-spectral imaging systems to NL EASP AIR, the first sale of Teledyne FLIR’s newly launched surveillance gimbal specially designed for customers outside the United States.

Teledyne Controls, a subsidiary of Teledyne Technologies (NYSE:TDY) and a leading provider of innovative avionics and aircraft data management solutions, is pleased to announce that its new onboard enhanced Airborne Data Loader (eADL XS™) has received certification for use on the Boeing 737NG aircraft series. Certification for other aircraft platforms is in progress.

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced it has been awarded a five-year, $168.3 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army for low-rate initial production to upgrade the M1135 Stryker’s Nuclear, Biological and Chemical Reconnaissance Vehicle (NBCRV) Sensor Suite. The company also received its first delivery order, valued at $7.5 million.