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Teledyne Technologies Incorporated - TDY STOCK NEWS

Welcome to our dedicated page for Teledyne Technologies Incorporated news (Ticker: TDY), a resource for investors and traders seeking the latest updates and insights on Teledyne Technologies Incorporated stock.

Teledyne Technologies Incorporated (symbol: TDY) is a leading provider of sophisticated electronic components, instruments, and communications products. The company excels in various domains including defense electronics, data acquisition, communications equipment for airlines and business aircraft, monitoring and control instruments for industrial and environmental applications, as well as components and subsystems for wireless and satellite communications.

The Teledyne Solution: Teledyne has solutions to meet diverse challenges. Their segments bring decades of expertise, working together to develop leading-edge technologies. They serve niche markets where performance, precision, and reliability are vital, with customers including major industrial and communications companies, government agencies, aerospace prime contractors, and general aviation companies.

Business Segments:

  • Instrumentation: Provides monitoring instruments primarily for marine and environmental applications.
  • Digital Imaging: The largest revenue contributor, includes image sensors and cameras for industrial, government, and medical customers.
  • Aerospace and Defense Electronics: Supplies electronic components and communication products for aircraft.
  • Engineered Systems: Offers solutions for defense, space, environmental, and energy applications.

Teledyne Technologies generates approximately a fourth of its revenue from contracts with the United States government. Recent achievements include expanding their product offerings and securing significant contracts in various sectors. The company's strategic partnerships and continuous innovation have solidified its position as a prominent player in the technology and defense industries.

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Quaker Houghton appoints Russell R. Shaller to its Board of Directors. Shaller brings extensive experience across multiple industries and is expected to contribute to the company's growth strategy.
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Teledyne Technologies Inc. (TDY) achieved record quarterly sales of $1,424.7 million, with GAAP and non-GAAP diluted earnings per share reaching all-time highs. The company reduced gross debt by $620 million year-to-date and provided a positive outlook for full year 2023 earnings. The Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems segments all reported increased net sales and operating income.
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Teledyne Technologies Incorporated (NYSE:TDY) has won a $93.9 million contract to provide Black Hornet 3 Personal Reconnaissance Systems to the United States Army. The total Army investment in Black Hornet is likely to exceed $225 million by 2028. The nano-unmanned aerial systems are used for squad and small unit surveillance and reconnaissance, with the U.S. Army having placed orders totaling more than $125 million. The combat-proven Black Hornet PRS has been successful in various operations and is well-suited for use in contested environments.
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Teledyne Technologies Incorporated (NYSE:TDY) will discuss its second quarter 2023 results in a conference call on July 26, 2023. The company is a leading provider of digital imaging products, aerospace and defense electronics, and engineered systems.
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Teledyne Technologies Incorporated (NYSE:TDY) to Produce Black Hornet® 3 Personal Reconnaissance Systems for Ukraine with Additional Order from Norway’s Ministry of Defense
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FAQ

What is the current stock price of Teledyne Technologies Incorporated (TDY)?

The current stock price of Teledyne Technologies Incorporated (TDY) is $483.69 as of November 22, 2024.

What is the market cap of Teledyne Technologies Incorporated (TDY)?

The market cap of Teledyne Technologies Incorporated (TDY) is approximately 22.6B.

What does Teledyne Technologies specialize in?

Teledyne Technologies specializes in electronic components, instruments, and communications products, including defense electronics and data acquisition equipment.

What are the main business segments of Teledyne Technologies?

The main business segments are Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems.

Who are the key customers of Teledyne Technologies?

Key customers include major industrial and communications companies, government agencies, aerospace prime contractors, and general aviation companies.

What proportion of Teledyne's revenue comes from U.S. government contracts?

Approximately a fourth of Teledyne's revenue comes from contracts with the United States government.

Which segment contributes the most to Teledyne Technologies' revenue?

The Digital Imaging segment contributes the largest proportion of Teledyne Technologies' revenue.

What products are included in the Aerospace and Defense Electronics segment?

The Aerospace and Defense Electronics segment includes electronic components and communication products for aircraft.

What applications does the Engineered Systems segment of Teledyne Technologies serve?

The Engineered Systems segment serves defense, space, environmental, and energy applications.

How does Teledyne Technologies address environmental challenges?

Teledyne Technologies addresses environmental challenges through its Instrumentation segment, which provides monitoring instruments for marine and environmental applications.

What recent achievements has Teledyne Technologies accomplished?

Recent achievements include expanding product offerings and securing significant contracts in various sectors, reinforcing their market position.

How does Teledyne Technologies contribute to the defense industry?

Teledyne Technologies contributes to the defense industry with solutions from its Aerospace and Defense Electronics segment and Engineered Systems segment.

Teledyne Technologies Incorporated

NYSE:TDY

TDY Rankings

TDY Stock Data

22.60B
46.03M
1.14%
92.35%
0.67%
Scientific & Technical Instruments
Search, Detection, Navagation, Guidance, Aeronautical Sys
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United States of America
THOUSAND OAKS