Teledyne FLIR Defense Captures Large, Multi-Year Contract to Provide Medium- and Long-Range Surveillance Systems to Danish Defense Forces

Rhea-AI Summary

Teledyne FLIR Defense, part of Teledyne Technologies (NYSE:TDY), has partnered with Precision Technic Defence Group to secure a seven-year framework agreement with the Danish Defense Acquisition and Logistics Organization (DALO) for medium- and long-range surveillance systems. The potential contract exceeds $100 million, covering various applications across land, maritime, and airborne domains. This collaboration strengthens Teledyne FLIR's position in the defense sector, enhancing capabilities with advanced imaging systems that support the Danish armed forces.

Positive

• Contract value expected to exceed $100 million.
• Partnership with Precision Technic Defence Group boosts defense capabilities.
• Supply of advanced day/night imaging systems enhances situational awareness for Danish armed forces.

Negative

• None.

Partners with Precision Technic Defence Group to Provide Land, Maritime and Airborne Imaging Solutions and Support for Danish Mobile Sensor Systems Program; Contract Value Expected to Top $100 Million

BOSTON--(BUSINESS WIRE)-- Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), together with its Denmark-based partner Precision Technic Defence Group, announced that they have signed a seven-year framework agreement with the Danish Defense Acquisition and Logistics Organization (DALO) to provide a variety of medium- and long-range surveillance systems for land, maritime and airborne applications. DALO also has awarded the companies a service and maintenance contract.

The potential contract value is estimated to exceed $100 million over the period of performance.

Teledyne FLIR has offered its SeaFLIR®/TacFLIR® 280-HDEP and SeaFLIR/TacFLIR 380 HLD-X advanced day/night, all-weather imaging systems. The contract allows DALO to procure versions of these products for the Danish Defense Mobile Sensor Systems program, which supports the surveillance needs of its Army, Air Force and Navy users.

“Teledyne FLIR is proud to partner with Precision Technic Defence to continue to supply Danish armed forces with state-of-the-art, gyro-stabilized sensor systems,” said JihFen Lei, executive vice president and general manager of Teledyne FLIR Defense. “We’ve invested heavily in technology upgrades across our lineup, including edge processing and AI capabilities that reduce the cognitive load on operators and improve situational awareness.

“As a trusted industry and regional partner, we look forward to supplying imaging platforms, service and support to Danish defense forces for many years to come,” Lei added.

Designed for full-time, all-weather maritime duty, SeaFLIR 280-HDEP provides long-range target detection, identification, and tracking for a broad range of mission support, such as intelligence, surveillance and reconnaissance; maritime search and rescue; interdiction; covert operations; and disaster recovery. TacFLIR 280-HDEP is a land-based version of the system used for ground vehicle surveillance and fixed installations, featuring a laser designator. The SeaFLIR/TacFLIR 380 HLD-X provides HD multi-spectral imaging, ultra long-range imaging performance, superior image stabilization, and true metadata embedded in digital video, complete with laser designation and rangefinder.

About Teledyne FLIR

Teledyne FLIR, a Teledyne Technologies company, is a world leader in intelligent sensing solutions for defense and industrial applications with approximately 4,000 employees worldwide. Founded in 1978, the company creates advanced technologies to help professionals make better, faster decisions that save lives and livelihoods. For more information, please visit www.teledyneflir.com or follow @flir.

About Teledyne Technologies

Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220124005072/en/

Media Contacts:

Joe Ailinger, Jr.

Teledyne FLIR

Phone: +1 781-801-6161

Email: joe.ailinger@teledyneflir.com

Ryan Williams

Targeted Victory

Phone: +1 617-697-9072

Email: rwilliams@targetedvictory.com

Source: Teledyne FLIR

FAQ

What is the contract value of the agreement between Teledyne FLIR and DALO?

The contract value is expected to exceed $100 million.

Which company is partnering with Teledyne FLIR for the Danish Defense project?

Teledyne FLIR is partnering with Precision Technic Defence Group.

What kind of systems will Teledyne FLIR provide under the DALO contract?

Teledyne FLIR will provide medium- and long-range surveillance systems for land, maritime, and airborne applications.

How long is the agreement between Teledyne FLIR and DALO?

The agreement is a seven-year framework contract.

What is the significance of the contract for Teledyne Technologies (TDY)?

The contract enhances Teledyne's presence in the defense sector and supports the operational needs of the Danish armed forces.