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.
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.
Sidus Space, Inc. (NASDAQ:SIDU) reported its strongest revenue quarter in partnership with Teledyne Marine, following noteworthy growth in Q2 2022. The companies continue to collaborate since the signing of a two-year master supply agreement in July 2019. Sidus will now manufacture components for Teledyne’s facilities in Massachusetts, Texas, and Florida, expanding their relationship. CEO Carol Craig highlighted the increased trust and product quality that contributes to their success. Sidus Space specializes in Space-as-a-Service solutions and aims to provide scalable satellite services.