US Market News
2日前
Teledyne FLIR Defense Awarded $11.2 Million U.S. Army Contract for Advanced CBRN Sensor Drone KitsJune 4, 2026 7:05 AM
Business Wire New autonomous SkyRaider®-based systems strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne FLIR Defense, a global leader in intelligent sensing and unmanned systems, has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system (UAS) kits. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260604954474/en/Teledyne FLIR Defense has won an $11.2 million contract from the U.S. Army’s Capability Program Executive for Chemical, Biological, Radiological and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system kits. The autonomous SkyRaider®-based systems will strengthen battlefield protection by mapping chemical, biological, radiological, and nuclear threats without exposing soldiers to harm. The kits were developed under the Army’s Chemical, Biological, Radiological, and Nuclear Sensor Integration on Robotic Platforms (CSIRP) program. CSIRP focuses on rapidly prototyping and fielding modular sensor solutions that enhance drones and unmanned ground vehicles through advanced sensing, AI, machine learning, autonomy, and communications technologies. At the heart of the award is the integration of Teledyne FLIR’s R80D SkyRaider® UAS with a suite of modular CBRN detection payloads and resilient communications technologies. For these kits, the R80D SkyRaider drone is specially configured with semi-autonomous CBRN search and survey capabilities developed under the CSIRP program. Thus equipped, SkyRaider enables dismounted frontline units to rapidly assess contaminated environments while keeping soldiers out of harm’s way. Using the detection payloads mounted on the drone, operators can view real-time hazard data through mapping, targeting, and communications tools. Once deployed, the SkyRaider can autonomously locate and characterize CBRN threats. “Safe-guarding soldiers from weapons of mass destruction is at the core of our mission,” said Dr. JihFen Lei, President of Teledyne Defense and Aerospace Group and Senior Vice Present of Teledyne Technologies. “These SkyRaider-based sensor kits dramatically improve how units can detect and map CBRN hazards without exposing warfighters to dangerous environments. “This award also builds on our continued work as lead integrator for the Army’s NBCRV Sensor Suite Upgrade program, where we’re delivering next-generation sensing and autonomy solutions that give U.S. and allied forces a decisive edge,” Dr. Lei added. Each kit includes the R80D SkyRaider drone carrying a selection of chemical, biological and radiological detection payloads – including the Teledyne FLIR MUVE™ B330 biological sensor – and featuring autonomous operation. The sensor kits are being built at Teledyne FLIR Defense facilities in Elkridge, Md. and West Lafayette, Ind., with additional engineering performed in Stillwater, Okla. Deliveries are expected to begin in the second quarter of 2026. For more on Teledyne FLIR Defense’s integrated CBRN detection solutions, visit us online. About Teledyne FLIR Defense Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense. 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. The opinions and assertions expressed herein are those of the company and do not reflect the official policy or position of the CPE CBRND, U.S. Army, or the Department of War (DoW). References to non-Federal entities or products do not constitute or imply a DoW, Army, or CPE CBRND endorsement. View source version on businesswire.com: https://www.businesswire.com/news/home/20260604954474/en/ Media Contact:
Joe Ailinger, Jr.
Teledyne Defense and Aerospace
Email: joe.ailinger@teledyne.com Original: Teledyne FLIR Defense Awarded $11.2 Million U.S. Army Contract for Advanced CBRN Sensor Drone Kits
US Market News
3週前
Teledyne FLIR Defense Unveils New FirstLook 125 Throwable Recon RobotMay 19, 2026 6:45 AM
Business Wire Advancements include common controller with Black Hornet® 4 nano-drone, enabling combined unmanned ground-air operations Rugged UGV serves as operators’ first line of remote engagement, built for the toughest real-world environments Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced today at SOF Week the official launch of its new FirstLook® 125 throwable personal reconnaissance robot. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519834388/en/Teledyne FLIR Defense announced at SOF Week the launch of its new FirstLook® 125 throwable robot. The rugged UGV serves as operators’ first line of remote engagement, built for the toughest real-world environments. Advancements include a common controller with Black Hornet® 4 nano-drone, enabling combined unmanned ground-air operations. The FirstLook 125 unmanned ground system delivers real-time visual, thermal, and audio situational awareness across complex terrain, lowering force risk and enabling faster decision-making. Purpose-built for coordinated ground-air missions, FirstLook 125 shares a common controller and operational architecture with Teledyne FLIR Defense’s Black Hornet® 4 nano-drone. This enables a single user to deploy and manage both systems without changing tools or workflows. The commonality extends FirstLook beyond ground-only reconnaissance, allowing users to combine interior and exterior ISR, quickly transition between platforms, and maintain continuous situational awareness across domains. The result is an integrated ‘first-in’ capability that delivers greater flexibility and mission utility at the squad and fire-team level. “As the need for interoperability with unmanned operations grows, FirstLook 125 can support missions demanding both ground and airborne intelligence, thanks to its common controller,” said Tung Ng, Vice President of Unmanned Systems North America at Teledyne FLIR Defense. “And ruggedness isn’t even a question. Through repeated throws, hard drops – plus its agility in confined spaces – FirstLook 125 is engineered for reliability when conditions are toughest. “Along with our FirstLook 110 robot, the FirstLook family continues to give operators eyes, ears – and confidence – before putting personnel in harm’s way,” Ng added. FirstLook 125’s advanced tracked mobility is optimized for stairwells, rubble, and uneven ground, producing stable, reliable movement in the most challenging environments. Its lightweight 5.7lb (2.6kg) design can sustain 16ft (5m) drops and self-rights instantly, remaining mission-ready after any throw or tumble. Using rugged, articulated flippers, FirstLook 125 pushes through debris, climbs obstacles, and maneuvers inside confined spaces while bringing an enhanced EO/IR camera suite, integrated illumination, and two-way audio to low-light, GPS-denied, and cluttered operational conditions. Other FirstLook 125 features include: Lightweight, Man-Portable Design: Purpose-built for single operator carry, enabling rapid deployment and sustained dismounted operations without degrading memory or endurance. Throwable and Droppable with Rapid Mission Readiness: Engineered for hand deployment through windows, doorways, and confined spaces, allowing immediate emplacement without compromising sensing, mobility, or system survivability. Integrated Day/Night ISR with Secure, Real Time Link: Visible and infrared imaging provide continuous situational awareness that is paired with encrypted, low-latency video and control links for immediate operator decision-making. Visit Teledyne FLIR Defense at SOF Week, Booth 1320, to see the new FirstLook 125. Or visit us online to learn more about Teledyne FLIR’s full range of unmanned ground solutions, from the 20-pound SUGV™ 325 to the 500-pound Kobra™. About Teledyne FLIR Defense Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir_defense. 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/20260519834388/en/ Media Contacts:
Joe Ailinger, Jr.
Teledyne Defense & Aerospace
Email: joe.ailinger@teledyne.com Tabitha Blankenbiller
Teledyne Defense & Aerospace
Email: Tabitha.blankenbiller@teledyne.com Original: Teledyne FLIR Defense Unveils New FirstLook 125 Throwable Recon Robot
US Market News
1月前
Teledyne FLIR Defense Grows Third-Party Payload Integration Program, Adds Emesent Hovermap LiDAR for Unmanned Air, Ground, and Detection PlatformsApril 28, 2026 7:05 AM
Business Wire
Newly certified payload works across drones, robots, and radiation detection systems to speed deployment of GPS-denied mapping and fused CBRN visualizations
Unveiled at Modern Day Marine 2026, Teledyne FLIR Defense announced the expansion of its Third-Party Payload Integration Program with the certification of Emesent’s Hovermap LiDAR Payload. The agreement will deliver Emesent’s GPS-denied 3D-mapping capabilities across Teledyne FLIR’s unmanned aerial systems (UAS), ground robots, and radiation detection platforms.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260428589843/en/Unveiled at Modern Day Marine 2026, Teledyne FLIR Defense announced the expansion of its Third-Party Payload Integration Program with the certification of Emesent’s Hovermap LiDAR Payload. The agreement will deliver Emesent’s GPS-denied 3D-mapping capabilities across Teledyne FLIR’s unmanned aerial systems (UAS), ground robots, and radiation detection platforms. Mounted on the company’s SUGV™ 325 ground robot, Hovermap provides users with persistent 3D awareness of complex enclosed environments streamed in real-time.
The Emesent–Teledyne FLIR combination addresses a GPS-denial gap in air and ground domains where unmanned systems can lose GPS connectivity in common operating areas, such as tunnels, urban structures, and CBRN-contaminated spaces. Using LiDAR-based Simultaneous Localization and Mapping (SLAM), Emesent’s Hovermap payload generates accurate 3D maps without GPS or external infrastructure.
On Teledyne FLIR’s SkyRanger® R70 and R80D SkyRaider® UAS platforms, Hovermap enables mapping even in GPS-denied environments. Mounted on the company’s SUGV™ 325 ground robot, Hovermap provides users with persistent 3D awareness of complex enclosed environments streamed in real-time. And integrated with Teledyne FLIR’s MUVE™ R430 radiation detection payload on the SUGV, Hovermap allows operators to see not just where a robot has been, but where radiation levels are elevated, giving CBRN teams an immediate, geo-referenced picture of the threat environment.
“Knowing the shape of a space is powerful. Knowing where the radiation is within that space, in real time, without putting a person in harm’s way, is an operational game-changer,” said Stefan Hrabar, co-founder and chief strategy officer at Emesent. “Our partnership with Teledyne FLIR Defense brings together GPS-denied mapping and radiation detection in a way that directly addresses what CBRN operators need in the field.”
“Teledyne FLIR builds platforms trusted for the most demanding CBRN missions in the world,” said Tung Ng, vice president of Unmanned Systems North America for Teledyne FLIR Defense. “Working with Emesent, we’ll be able to give operators a fused, spatial picture of the threat environment they simply haven’t had access to before."
“This is the direction the whole field is heading in, and we’re delivering it now through certified third-party payloads like Hovermap,” Ng added.
Emesent’s Hovermap represents the firm’s success in utilizing Teledyne FLIR Defense’s open-architecture, partner-enabled development ecosystem. Certified payloads are assessed for mechanical fit, electrical interface, software compatibility, and flight performance, giving customers confidence in mission-tailored capabilities from a growing partner ecosystem.
The partnership also establishes a technical foundation for future capability development. Both companies are actively developing autonomous navigation capabilities and expanding multi-sensor fusion beyond radiation to additional CBRN detection modalities.
The integrated systems will be on display at Teledyne FLIR Defense booth #1724 at Modern Day Marine 2026, April 28–30, at Marine Corps Base Quantico.
About Emesent
Emesent is an Australian-headquartered technology company with a U.S. office in Centennial, Colorado, and the maker of the Hovermap autonomous mapping platform. Hovermap uses LiDAR-based SLAM to deliver precise 3D mapping and autonomy in GPS-denied environments. With more than 1,000 systems deployed globally across defence, public safety, mining, and infrastructure sectors, Hovermap is a proven, field-ready platform trusted by military and government operators worldwide. For more information, visit www.emesent.com.
About Teledyne FLIR Defense
Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428589843/en/
Media Contact:
Joe Ailinger, Jr.
Teledyne Defense & Aerospace
Email: joe.ailinger@teledyne.com
Original: Teledyne FLIR Defense Grows Third-Party Payload Integration Program, Adds Emesent Hovermap LiDAR for Unmanned Air, Ground, and Detection Platforms
US Market News
1月前
Teledyne Technologies Reports First Quarter ResultsApril 22, 2026 6:55 AM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY)
Record first quarter sales, non-GAAP diluted earnings per share and operating margin
First quarter net sales of $1,560.1 million, an increase of 7.6% compared with last year
First quarter GAAP diluted earnings per share of $4.85
First quarter non-GAAP diluted earnings per share of $5.80, an increase of 17.2% compared with last year
First quarter cash from operations of $234.0 million and free cash flow of $204.3 million
Raising full year 2026 GAAP diluted earnings per share outlook to $20.08 to $20.44 compared with the prior outlook of $19.76 to $20.22, and raising full year 2026 non-GAAP earnings per share outlook to $23.85 to $24.15, compared with the prior outlook of $23.45 to $23.85
Acquired DD-Scientific
Quarter-end consolidated leverage ratio of 1.3x
Further reduction in gross debt with a $450 million debt maturity payment made after quarter-end
Teledyne today reported first quarter 2026 net sales of $1,560.1 million compared with net sales of $1,449.9 million for the first quarter of 2025, an increase of 7.6%. The first quarter of 2026 net sales included $33.3 million in incremental sales from recent acquisitions. Net income attributable to Teledyne was $226.8 million ($4.85 diluted earnings per share) for the first quarter of 2026 compared with $188.6 million ($3.99 diluted earnings per share) for the first quarter of 2025, an increase of 20.3%. The first quarter of 2026 included $57.6 million of pretax acquired intangible asset amortization expense, $0.2 million of pretax transaction and integration costs, and $0.5 million of income tax expense from FLIR acquisition-related tax matters. Excluding those items, non-GAAP net income attributable to Teledyne for the first quarter of 2026 was $271.4 million ($5.80 diluted earnings per share). The first quarter of 2025 included $52.0 million of pretax acquired intangible asset amortization expense, $6.8 million of pretax transaction and integration costs, and $0.6 million of pretax inventory step-up expense. Excluding those items, non-GAAP net income attributable to Teledyne for the first quarter of 2025 was $234.0 million ($4.95 diluted earnings per share). Operating margin was 18.9% for the first quarter of 2026 compared with 17.9% for the first quarter of 2025. Excluding the items discussed above, non-GAAP operating margin for the first quarter of 2026 was 22.6% compared with 22.0% for the first quarter of 2025.
“We started 2026 with record first quarter sales, non-GAAP earnings per share and operating margin with sales and non-GAAP earnings increasing 7.6% and 17.2%, respectively,” said Robert Mehrabian, Executive Chairman. “Organic growth was strongest in our Digital Imaging segment, where infrared detectors and systems for space, airborne, marine and land applications, as well as complete unmanned aerial systems contributed significantly. Furthermore, our industrial imaging and X-ray businesses each returned to year-over-year growth. Total operating margin increased despite greater research and development expense, and while we completed an acquisition and capital expenditures significantly increased, net leverage declined.”
Review of Operations
Comparisons are with the first quarter of 2025, unless noted otherwise.
Digital Imaging
The Digital Imaging segment’s first quarter 2026 net sales were $816.9 million compared with $757.0 million, an increase of 7.9%. Operating income was $141.7 million for the first quarter of 2026 compared with $122.3 million, an increase of 15.9%. Acquired intangible asset amortization expense for the first quarter of 2026 was $48.0 million compared with $45.4 million. Excluding those items, non-GAAP operating income for the first quarter of 2026 was $189.7 million compared with $167.7 million, an increase of 13.1%.
First quarter of 2026 net sales increased primarily due to higher sales of infrared imaging detectors, components and subsystems for both defense and commercial applications as well as higher surveillance and unmanned air systems for defense applications. The first quarter of 2026 included $8.0 million of incremental Digital Imaging sales from a recent acquisition. The increase in operating income primarily reflected higher net sales in the first quarter of 2026 partially offset by higher research and development expense.
Instrumentation
The Instrumentation segment’s first quarter 2026 net sales were $361.4 million compared with $343.3 million, an increase of 5.3%. Operating income was $88.4 million for the first quarter of 2026 compared with $92.7 million, a decrease of 4.6%. Acquired intangible asset amortization expense for the first quarter of 2026 was $3.5 million compared with $3.2 million. Excluding these items, non-GAAP operating income for the first quarter of 2026 was $91.9 million compared with $95.9 million, a decrease of 4.2%.
The first quarter of 2026 net sales increase resulted from a $13.5 million increase in sales of marine instrumentation primarily due to stronger offshore energy and defense markets, a $7.3 million increase in sales of environmental instrumentation primarily due to stronger sales of gas detection products, and a $2.7 million decrease in sales of electronic test and measurement instrumentation. The first quarter of 2026 included $5.0 million of incremental environmental instrumentation sales from a recent acquisition. The decrease in operating income primarily reflected the impact of higher sales offset by unfavorable product mix in the segment.
Aerospace and Defense Electronics
The Aerospace and Defense Electronics segment’s first quarter 2026 net sales were $277.5 million compared with $242.5 million, an increase of 14.4%. Operating income was $71.4 million for the first quarter of 2026 compared with $55.7 million, an increase of 28.2%. Acquired intangible asset amortization expense for the first quarter of 2026 was $6.1 million compared with $3.4 million. The first quarter of 2025 included $3.2 million of pretax transaction and integration costs with no comparable amount in the first quarter of 2026. Inventory step-up expense for the first quarter of 2025 was $0.6 million with no comparable amount in the first quarter of 2026. Excluding acquired intangible asset amortization expense, pretax transaction and integration costs, and inventory step-up expense, non-GAAP operating income for the first quarter of 2026 was $77.5 million compared with $62.9 million, an increase of 23.2%.
First quarter of 2026 net sales reflected higher sales of $36.1 million for defense electronics, partially offset by lower sales of $1.1 million for aerospace electronics. The first quarter of 2026 included $20.3 million incremental defense electronics sales from recent acquisitions. The increase in operating income primarily reflected the impact of higher sales as well as lower transaction and integration costs, partially offset by higher acquired intangible asset amortization expense.
Engineered Systems
The Engineered Systems segment’s first quarter 2026 net sales were $104.3 million compared with $107.1 million, a decrease of 2.6%. Operating income was $11.7 million for the first quarter of 2026 compared with $10.8 million, an increase of 8.3%.
First quarter of 2026 net sales reflected lower sales of $2.7 million for engineered products and lower sales of $0.1 million for energy systems. The increase in operating income was primarily driven by changes in program mix.
Additional Financial Information
Cash Flow
Cash provided by operating activities was $234.0 million for the first quarter of 2026 compared with $242.6 million, with the decrease driven by higher inventory purchases partially offset by favorable operating results in the first quarter of 2026 compared with 2025. Depreciation and amortization expense for the first quarter of 2026 was $87.2 million compared with $80.7 million. Stock-based compensation expense for the first quarter of 2026 was $5.6 million compared with $8.9 million.
Capital expenditures for the first quarter of 2026 were $29.7 million compared with $18.0 million. Teledyne received $28.9 million from the exercise of stock options in the first quarter of 2026 compared with $29.5 million.
As of March 29, 2026, net debt was $1,954.9 million, which is calculated as total debt of $2,476.3 million, net of cash and cash equivalents of $521.4 million. As of December 28, 2025, net debt was $2,123.0 million, representing total debt of $2,475.4 million, net of cash and cash equivalents of $352.4 million. Subsequent to the end of the quarter, the Company made a $450.0 million debt maturity payment primarily from cash on hand.
As of March 29, 2026, $1,165.8 million was available under the $1.20 billion credit facility after reductions of $34.2 million in outstanding letters of credit.
First Quarter
Free Cash Flow
2026
2025
Cash provided by operating activities
$
234.0
$
242.6
Capital expenditures for property, plant and equipment
(29.7
)
(18.0
)
Free cash flow
$
204.3
$
224.6
Income Taxes
The effective tax rate for the first quarter of 2026 was 18.6% compared with 21.0%. The first quarter of 2026 included net discrete income tax benefits of $8.0 million compared with $3.7 million, with the first quarter 2026 benefit primarily due to stock-based accounting.
Other
Corporate expense was $19.0 million for the first quarter of 2026 compared with $22.2 million, with the decrease related to lower transaction and integration costs. Non-service retirement benefit income was $2.7 million for the first quarter of 2026 compared with $2.8 million. Interest expense, net of interest income, was $12.3 million for the first quarter of 2026 compared with $17.3 million, with the decrease due to lower outstanding borrowings compared with the first quarter of 2025. Other income (expense), net, primarily consisted of foreign currency exchange losses in the first quarter of 2026 and 2025.
Outlook
Based on its current outlook, the company’s management believes that second quarter 2026 GAAP diluted earnings per share will be in the range of $4.75 to $4.90, and full year 2026 GAAP diluted earnings per share will be in the range of $20.08 to $20.44. The company’s management further believes that second quarter 2026 non-GAAP diluted earnings per share will be in the range of $5.70 to $5.80, and full year 2026 non-GAAP diluted earnings per share will be in the range of $23.85 to $24.15. The non-GAAP outlook excludes certain transaction and integration costs and acquired intangible asset amortization.
Use of Non-GAAP Financial Measures
We report our financial results in accordance with generally accepted accounting principles in the United States (“GAAP”). We supplement the reporting of our financial results determined under GAAP with certain non-GAAP financial measures. The non-GAAP financial measures provide management, financial analysts and investors with additional useful information for evaluating the company’s performance. The non-GAAP financial measures should be considered in addition to and not as substitutes for financial measures prepared in accordance with GAAP. Further details on reasons we use non-GAAP financial measures, a reconciliation of those measures to the most directly comparable GAAP measures and other information related to those measures are included after our GAAP financial statements.
Forward-Looking Statements Cautionary Notice
This earnings release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, with respect to management’s beliefs about the financial condition, results of operations, acquisitions and product synergies, integration costs, tax matters, and businesses of Teledyne in the future. Forward-looking statements involve risks and uncertainties, are based on the current expectations of the management of Teledyne and are subject to uncertainty and changes in circumstances.
The forward-looking statements contained herein may include statements relating to sales, sales growth, orders, stock-based compensation expense, tax rates, tariffs, governmental and economic policies, anticipated capital expenditures, stock repurchases, product developments, and other strategic options. Forward-looking statements generally are accompanied by words such as “projects”, “intends”, “expects”, “anticipates”, “targets”, “estimates”, “will” and words of similar import that convey the uncertainty of future events or outcomes. All statements made in this communication that are not historical in nature should be considered forward-looking. By its nature, forward-looking information is not a guarantee of future performance or results and involves risks and uncertainties because it relates to events and depends on circumstances that will occur in the future.
Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, including: the impact of the 2026 conflict between the United States and Iran, including among other things, higher energy costs and energy supply constraints, disruptions in shipping, supply shortages of critical materials, including aluminum, metals, chemicals and industrial helium supplies, disruptions to air travel, the risk of retaliation against U.S. targets by Iran or its proxies, and slower global growth, the impact of policies of the U.S. Presidential Administration, especially with respect to new and higher tariffs, cutbacks in the funding of government agencies and programs, and the scaling back of environmental and green energy policies; escalating economic and diplomatic tension between China and the United States, including a “trade war” resulting in higher tariffs and restrictions on sales of goods and services; reciprocal tariffs from other countries, especially from members of the European Union; U.S. Government shutdowns, which in the past have resulted in delays in anticipated contract awards, delayed payments of invoices and delays in the issuance of export and other licenses; the inability to develop and market new competitive products; changes in relevant tax and other laws; foreign currency exchange risks; rising interest rates; risks associated with indebtedness, as well as our ability to reduce indebtedness and the timing thereof; the impact of semiconductor and other supply chain shortages; higher inflation, including wage competition and higher shipping costs; labor shortages and competition for skilled personnel; inherent uncertainties involved in the estimates and judgments used in the preparation of financial statements and the providing of estimates of financial measures, in accordance with GAAP and related standards; disruptions in the global economy; global conflicts including the conflict in the Middle East as well as the ongoing conflict between Russia and Ukraine; changes in demand for products sold to the defense electronics, instrumentation, digital imaging, energy exploration and production, commercial aviation, semiconductor and communications markets; funding, continuation and award of government programs; cuts to defense spending resulting from existing and future deficit reduction measures or changes to U.S. and foreign government spending and budget priorities triggered by inflation, and economic conditions; the imposition and expansion of, and responses to, trade sanctions and tariffs; threats to the security of our confidential and proprietary information, including cybersecurity threats; risks related to artificial intelligence; natural and man-made disasters; and our ability to achieve emission reduction targets and decrease our carbon footprint. Volatile oil and natural gas prices, as well as instability in the Middle East, Latin America or other oil producing regions, could negatively affect our businesses that supply the oil and gas industry. Weakness in the commercial aerospace industry negatively affects the markets of our commercial aviation businesses. Lower aircraft production rates at Boeing or Airbus could result in reduced sales of our commercial aerospace products. In addition, financial market fluctuations affect the value of the company’s pension assets. Changes in the policies of U.S. and foreign governments, including economic sanctions or in regard to support for the Ukraine or Middle East conflicts, could result, over time, in reductions or realignment in defense or other government spending and further changes in programs in which the company participates.
While the company’s growth strategy includes possible acquisitions, we cannot provide any assurance as to when, if or on what terms any acquisitions will be made. Acquisitions involve various inherent risks, such as, among others, our ability to integrate acquired businesses, retain key management and customers, and achieve identified financial and operating synergies. There are additional risks associated with acquiring, owning and operating businesses internationally, including those arising from U.S. and foreign government policy changes or actions and exchange rate fluctuations.
Additional factors that could cause results to differ materially from those described above can be found in Teledyne’s Annual Report on Form 10-K for the year ended December 28, 2025, as well as subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all of which are on file with the U.S. Securities and Exchange Commission (“SEC”) and available in the “Investors” section of Teledyne’s website, teledyne.com, under the heading “Investor Information” and in other documents Teledyne files with the SEC.
All forward-looking statements speak only as of the date they are made and are based on information available at that time. Teledyne assumes no obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.
A live webcast of Teledyne’s first quarter earnings conference call will be held at 11:00 a.m. (Eastern) on Wednesday, April 22, 2026. To access the call, go to www.teledyne.com/investors/events-and-presentations approximately 10 minutes before the scheduled start time. A replay will also be available for one month starting at 12:00 p.m. (Eastern) on Wednesday, April 22, 2026.
TELEDYNE TECHNOLOGIES INCORPORATED
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
FOR THE FIRST QUARTER ENDED
MARCH 29, 2026 AND MARCH 30, 2025
(Unaudited — in millions, except per share amounts)
First Quarter
2026
2025
Net sales
$
1,560.1
$
1,449.9
Costs and expenses:
Costs of sales
886.3
830.4
Selling, general and administrative
237.4
233.9
Research and development
84.6
74.3
Acquired intangible asset amortization
57.6
52.0
Total costs and expenses
1,265.9
1,190.6
Operating income (loss)
294.2
259.3
Interest and debt income (expense), net
(12.3
)
(17.3
)
Non-service retirement benefit income (expense), net
2.7
2.8
Other income (expense), net
(5.9
)
(5.9
)
Income (loss) before income taxes
278.7
238.9
Provision (benefit) for income taxes
51.9
50.1
Net income (loss) including noncontrolling interest
226.8
188.8
Less: Net income (loss) attributable to noncontrolling interest
—
0.2
Net income (loss) attributable to Teledyne
$
226.8
$
188.6
Diluted earnings per common share
$
4.85
$
3.99
Weighted average diluted common shares outstanding
46.8
47.3
These condensed consolidated financial statements were prepared in accordance with U.S. GAAP.
TELEDYNE TECHNOLOGIES INCORPORATED
SUMMARY OF SEGMENT NET SALES AND OPERATING INCOME (LOSS)
FOR THE FIRST QUARTER ENDED
MARCH 29, 2026 AND MARCH 30, 2025
(Unaudited — $ in millions)
First Quarter
% Change
2026
2025
Net sales:
Digital Imaging
$
816.9
$
757.0
7.9
%
Instrumentation
361.4
343.3
5.3
%
Aerospace and Defense Electronics
277.5
242.5
14.4
%
Engineered Systems
104.3
107.1
(2.6
)%
Total net sales
$
1,560.1
$
1,449.9
7.6
%
Operating income (loss):
Digital Imaging
$
141.7
$
122.3
15.9
%
Instrumentation
88.4
92.7
(4.6
)%
Aerospace and Defense Electronics
71.4
55.7
28.2
%
Engineered Systems
11.7
10.8
8.3
%
Corporate expense
(19.0
)
(22.2
)
(14.4
)%
Operating income (loss)
294.2
259.3
13.5
%
Interest and debt income (expense), net
(12.3
)
(17.3
)
(28.9
)%
Non-service retirement benefit income (expense), net
2.7
2.8
(3.6
)%
Other income (expense), net
(5.9
)
(5.9
)
—
%
Income (loss) before income taxes
278.7
238.9
16.7
%
Provision (benefit) for income taxes
51.9
50.1
3.6
%
Net income (loss) including noncontrolling interest
226.8
188.8
20.1
%
Less: Net income (loss) attributable to noncontrolling interest
—
0.2
(100.0
)%
Net income (loss) attributable to Teledyne
$
226.8
$
188.6
20.3
%
These condensed consolidated financial statements were prepared in accordance with U.S. GAAP.
TELEDYNE TECHNOLOGIES INCORPORATED
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions)
March 29, 2026
December 28, 2025
(Unaudited)
ASSETS
Cash and cash equivalents
$
521.4
$
352.4
Accounts receivable and unbilled receivables, net
1,388.2
1,367.0
Inventories, net
1,121.6
1,043.3
Prepaid expenses and other current assets
291.8
292.9
Total current assets
3,323.0
3,055.6
Property, plant and equipment, net
836.8
839.1
Goodwill and acquired intangible assets, net
10,735.1
10,787.7
Prepaid pension assets
290.8
286.2
Other assets, net
307.3
316.7
Total assets
$
15,493.0
$
15,285.3
LIABILITIES AND EQUITY
Accounts payable
$
541.4
$
486.6
Accrued liabilities
900.6
923.4
Current portion of long-term debt
450.1
450.1
Total current liabilities
1,892.1
1,860.1
Long-term debt, net of current portion
2,026.2
2,025.3
Other long-term liabilities
870.3
886.0
Total liabilities
4,788.6
4,771.4
Redeemable noncontrolling interest
—
—
Total stockholders’ equity
10,704.4
10,513.9
Total liabilities and equity
$
15,493.0
$
15,285.3
These condensed consolidated financial statements were prepared in accordance with U.S. GAAP.
TELEDYNE TECHNOLOGIES INCORPORATED
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE FIRST QUARTER ENDED MARCH 29, 2026 AND MARCH 30, 2025
(Unaudited — in millions)
First Quarter
2026
2025
Operating Activities
Net income (loss) including noncontrolling interest
$
226.8
$
188.8
Depreciation and amortization
87.2
80.7
Stock-based compensation
5.6
8.9
Changes in operating assets and liabilities and other operating activity
(85.6
)
(35.8
)
Net cash provided by (used in) operating activities
234.0
242.6
Investing Activities
Purchases of property, plant and equipment
(29.7
)
(18.0
)
Purchases of businesses, net of cash acquired
(53.4
)
(757.6
)
Other investing, net
—
0.6
Net cash provided by (used in) investing activities
(83.1
)
(775.0
)
Financing activities
Net proceeds from (repayments on) credit facility
—
315.0
Proceeds from (payments on) other debt
(0.2
)
—
Proceeds from exercise of stock options
28.9
29.5
Other financing, net
(10.3
)
(4.9
)
Net cash provided by (used in) financing activities
18.4
339.6
Effect of exchange rate changes on cash
(0.3
)
4.5
Changes in cash and cash equivalents
169.0
(188.3
)
Cash and cash equivalents—beginning of period
352.4
649.8
Cash and cash equivalents—end of period
$
521.4
$
461.5
These condensed consolidated financial statements were prepared in accordance with U.S. GAAP.
TELEDYNE TECHNOLOGIES INCORPORATED
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
FOR THE FIRST QUARTER ENDED
MARCH 29, 2026 AND MARCH 30, 2025
(Unaudited — $ in millions, except per share amounts)
First Quarter 2026
First Quarter 2025
Income
(Loss)
Before
Income
Taxes
Net Income
(Loss)
Attributable
to Teledyne
Diluted
Earnings
per
Common
Share
Income
(Loss)
Before
Income
Taxes
Net Income
(Loss)
Attributable
to Teledyne
Diluted
Earnings
per
Common
Share
GAAP
$
278.7
$
226.8
$
4.85
$
238.9
$
188.6
$
3.99
Adjusted for specified items:
Transaction and integration costs
0.2
0.1
—
6.8
5.1
0.11
Inventory step-up expense
—
—
—
0.6
0.5
0.01
Acquired intangible asset amortization
57.6
44.0
0.94
52.0
39.8
0.84
FLIR acquisition-related tax matters
—
0.5
0.01
—
—
—
Non-GAAP
$
336.5
$
271.4
$
5.80
$
298.3
$
234.0
$
4.95
First Quarter 2026
First Quarter 2025
Operating
Income (Loss)
Operating
Margin
Operating
Income (Loss)
Operating
Margin
GAAP
$
294.2
18.9
%
$
259.3
17.9
%
Adjusted for specified items:
Transaction and integration costs
0.2
6.8
Inventory step-up expense
—
0.6
Acquired intangible asset amortization
57.6
52.0
Non-GAAP
$
352.0
22.6
%
$
318.7
22.0
%
TELEDYNE TECHNOLOGIES INCORPORATED
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
FOR THE FIRST QUARTER ENDED
MARCH 29, 2026 AND MARCH 30, 2025
(Unaudited — in millions)
First Quarter 2026
GAAP
Operating
Income
(Loss)
Acquired
Intangible
Asset
Amortization
Inventory
Step-up
Expense
Transaction
and
Integration
Costs
Non-GAAP
Operating
Income
(Loss)
Digital Imaging
$
141.7
$
48.0
$
—
$
—
$
189.7
Instrumentation
88.4
3.5
—
—
91.9
Aerospace and Defense Electronics
71.4
6.1
—
—
77.5
Engineered Systems
11.7
—
—
—
11.7
Corporate expense
(19.0
)
—
—
0.2
(18.8
)
Total
$
294.2
$
57.6
$
—
$
0.2
$
352.0
First Quarter 2025
GAAP
Operating
Income
(Loss)
Acquired
Intangible
Asset
Amortization
Inventory
Step-up
Expense
Transaction
and
Integration
Costs
Non-GAAP
Operating
Income
(Loss)
Digital Imaging
$
122.3
$
45.4
$
—
$
—
$
167.7
Instrumentation
92.7
3.2
—
—
95.9
Aerospace and Defense Electronics
55.7
3.4
0.6
3.2
62.9
Engineered Systems
10.8
—
—
—
10.8
Corporate expense
(22.2
)
—
—
3.6
(18.6
)
Total
$
259.3
$
52.0
$
0.6
$
6.8
$
318.7
TELEDYNE TECHNOLOGIES INCORPORATED
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(Unaudited — in millions, except per share amounts)
March 29, 2026
December 28, 2025
Current portion of long-term debt
$
450.1
$
450.1
Long-term debt
2,026.2
2,025.3
Total debt — non-GAAP
2,476.3
2,475.4
Less cash and cash equivalents
(521.4
)
(352.4
)
Net debt — non-GAAP
$
1,954.9
$
2,123.0
Second Quarter 2026
Full Year 2026
Low
High
Low
High
GAAP Diluted Earnings per Common Share Outlook
$
4.75
$
4.90
$
20.08
$
20.44
Adjusted for specified items:
Transaction and integration costs
—
—
0.01
—
Acquired intangible asset amortization
0.95
0.90
3.75
3.70
FLIR acquisition-related tax matters
—
—
0.01
0.01
Non-GAAP Diluted Earnings per Common Share Outlook
$
5.70
$
5.80
$
23.85
$
24.15
Explanation of Non-GAAP Financial Measures
We report our financial results in accordance with GAAP. However, management believes that, in order to more fully understand our short-term and long-term financial and operational trends, and to aid in comparability with our competitors, investors and financial analysts may wish to consider the impact of certain items resulting from our acquisitions which have an infrequent or non-recurring impact on operations or assist in understanding our operations pre-acquisition. Accordingly, we present non-GAAP financial measures as a supplement to the financial measures we present in accordance with GAAP. These non-GAAP financial measures provide management, investors and financial analysts with additional means to understand and evaluate the operating results and trends in our ongoing business by adjusting for certain expenses and benefits. Management believes these non-GAAP financial measures also provide additional means of evaluating period-over-period operating performance. In addition, management understands that some investors and financial analysts find this information helpful in analyzing our financial and operational performance and in comparing this performance to our peers and competitors. The company’s diluted earnings per common share outlook guidance is also presented on a non-GAAP basis.
The non-GAAP financial measures are not meant to be considered superior to, or a substitute for, our financial statements prepared in accordance with GAAP. There are material limitations associated with non-GAAP financial measures because they exclude charges that have an effect on our reported results and, therefore, should not be relied upon as the sole financial measures by which to evaluate our financial results. Management compensates and believes that investors also should compensate for those limitations by viewing the non-GAAP financial measures in conjunction with the GAAP financial measures. In addition, the non-GAAP financial measures included in this earnings announcement may be different from, and therefore may not be comparable to, similar measures used by other companies. The non-GAAP financial measures are also used by our management to evaluate our operating performance and benchmark our results against our historical performance and the performance of our peers.
Our non-GAAP measures are as follows:
Non-GAAP income before income taxes, net income and diluted earnings per common share
These non-GAAP measures provide a supplemental view of income before taxes, net income and diluted earnings per common share. These non-GAAP measures exclude certain transaction and integration costs, inventory step-up expense, acquired intangible asset amortization, remeasurement of deferred taxes related to acquired intangible assets due to changes in tax laws, and tax benefits or costs related to the settlement or other resolution of the FLIR tax reserves. We also adjust for any post-acquisition interest on certain income tax reserves related to FLIR. We adjust for any income tax impact related to these items to take into account the tax treatment and related tax rate and changes in tax rates that apply to each adjustment in the applicable tax jurisdiction. Generally, this results in the tax impact at the U.S. marginal tax rate for certain adjustments, including the majority of amortization of intangible assets, whereas the tax impact of other adjustments, including transaction expenses, depend on whether the amounts are deductible in the respective tax jurisdictions and the applicable tax rates in those jurisdictions. We believe these measures provide investors and management with additional means to understand and evaluate the operating results of our business by adjusting for certain expenses and benefits and present an alternative view of our performance compared with prior periods.
Non-GAAP operating income and operating margin
We define non-GAAP operating margin as non-GAAP operating income divided by net sales. These non-GAAP measures exclude certain transaction and integration costs, inventory step-up expense, and acquired intangible asset amortization. We believe these measures provide investors and management with additional means to understand and evaluate the operating results of our business by adjusting for certain expenses and other items and present an alternative view of our performance compared with prior periods.
Non-GAAP total debt and net debt
We define non-GAAP total debt as the sum of the current portion of long-term debt and other debt and long-term debt. We define net debt as the difference between non-GAAP total debt less cash and cash equivalents. The company believes that this non-GAAP information is useful to assist investors and management in analyzing the company’s liquidity.
Non-GAAP diluted earnings per common share outlook
This non-GAAP measure represents our earnings per common share outlook for the second quarter of 2026 and total year 2026 on a fully diluted basis, excluding certain transaction and integration costs, acquired intangible asset amortization for all acquisitions and FLIR acquisition-related tax matters.
Non-GAAP cash provided by operations and free cash flow
We define free cash flow as cash provided by operating activities (a measure prescribed by GAAP) less capital expenditures for property, plant and equipment. We believe that this non-GAAP information is useful to assist management and the investment community in analyzing the company’s ability to generate cash flow.
Non-GAAP line items used in tables
Management excludes the effect of each of the acquisition-related items identified below to arrive at the applicable non-GAAP financial measure referenced in the tables for the reasons set forth below with respect to that item:
Acquired intangible asset amortization – We believe that excluding the amortization of acquired intangible assets, which primarily represents purchased technology and customer relationships, as well as purchase order and contract backlog, provides an alternative way for investors to compare our operations pre-acquisition to those post-acquisition and to those of our competitors that have pursued internal growth strategies. However, we note that companies that grow internally will incur costs to develop intangible assets that will be expensed in the period incurred, which may make a direct comparison more difficult.
Transaction and integration costs – Included in our GAAP presentation of cost of sales and selling, general and administrative expenses are substantial expenses (or benefits) incurred with acquisitions and primarily include legal, accounting and other professional fees as well as integration-related costs such as employee separation costs, facility consolidation costs and facility lease impairments. Employee separation costs include required change-in-control payments, cash settlement of employee and director stock awards, as well as other employee severance amounts. We exclude those costs from our non-GAAP measures because we believe they do not reflect our ongoing financial performance.
Inventory step-up expense – The purchase accounting entries associated with our acquisitions require us to record inventory at its fair value, which is sometimes substantial and greater than the previous book value of inventory. Included in our GAAP presentation, the increase in inventory value is amortized to cost of sales over the period that the related inventory is sold. In 2025, we excluded inventory step-up amortization related to the Micropac and Qioptiq acquisitions from our non-GAAP measures because it is a non-cash expense that we do not believe is indicative of our ongoing operating results.
FLIR acquisition-related tax matters – Included in our tax provision is post-acquisition interest on certain income tax reserves related to FLIR, as well as the tax benefits or costs related to the settlement or other resolution of the FLIR tax reserves. We exclude those impacts from our non-GAAP measures because we believe it does not reflect our ongoing financial performance.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260422200933/en/
Jason VanWees
(805) 373-4542
Original: Teledyne Technologies Reports First Quarter Results
US Market News
3月前
Teledyne FLIR Defense Signs Memorandum of Understanding with STORM Adapt Group at EnforceTac 2026March 2, 2026 2:00 AM
Business Wire
Agreement centers on creating scalable, vehicle-based deployment solutions for advanced drone operations supporting military, border and homeland security
Teledyne FLIR Defense, a global leader in intelligent sensing and unmanned systems, part of Teledyne Technologies Incorporated (NYSE: TDY), announced the signing of a Memorandum of Understanding (MoU) with STORM Adapt Group during the EnforceTac 2026 exhibition.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260301241027/en/Teledyne FLIR Defense’s unmanned aerial system (UAS) platforms SkyCarrier and Black Recon with STORM’s Rapid Adapt and Deploy System (RADS), a modular, vehicle mounted system designed to support advanced drone operations.
The agreement establishes a collaborative framework to explore the integration of Teledyne FLIR’s unmanned aerial system (UAS) platforms with STORM’s Rapid Adapt and Deploy System (RADS), a modular, vehicle-mounted system designed to support advanced drone operations.
Under the MoU, the companies will assess technical integration paths for Teledyne FLIR’s SkyCarrier™ multi-mission quadcopter UAS and Black Recon™ micro-UAS leveraging the RADS vehicle platform. Together, these systems aim to deliver scalable, mobile, and rapidly deployable drone capabilities optimized for defense, security, and emergency response missions.
For Teledyne FLIR Defense, the collaboration opens new opportunities to offer global customers a mobile, modular deployment platform that can support a wide range of unmanned operations. Integration with RADS is expected to reduce overall system complexity, accelerate fielding timelines, and provide a vehicle-agnostic solution compatible with nearly any pickup or tactical mobility platform. The combined solution will enhance mission adaptability across diverse operating environments.
“This partnership represents an exciting step in expanding how our vehicle-based UAS platforms can be deployed and sustained in the field,” said Harald Sørensen, vice president of Unmanned Systems-Norway for Teledyne FLIR Defense. “Pairing our advanced drones with STORM’s adaptable RADS system can help unlock new concepts of operation for a wide array of defense and security users.”
For STORM Adapt Group, the MoU strengthens its RADS ecosystem with the integration of proven Teledyne FLIR unmanned technologies. SkyCarrier and Black Recon broaden RADS’s ability to support a wider range of drone-enabled missions, reinforcing the system as a versatile, open-architecture platform.
“Teledyne FLIR Defense brings decades of trusted ISR and unmanned expertise, and adapting their systems into RADS will greatly enhance the capability set we can offer our customers,” said Andreas Rist, EVP, STORM Adapt Group. “Together, we’re creating a highly flexible, mission-ready solution that empowers operators to deploy UAS technology faster, safer, and with more operational impact.”
Key Mission Applications
The integrated capabilities envisioned under the MoU are targeted at several priority mission sets, including:
Mobile intelligence, surveillance, and reconnaissance
Rapid-response unmanned teams
Border security and critical infrastructure protection
Tactical military and homeland security operations
Teledyne FLIR Defense and STORM Adapt Group will begin joint technical evaluations following EnforceTac 2026, with further collaboration activities planned throughout the year.
About STORM Adapt Group
STORM Adapt Group is a Norwegian defense technology company developing modular capability systems and certified integration solutions for light vehicle platforms across defense, security, logistics, UAS operations, and emergency response. Founded in 2020 and headquartered in Stokke, Norway, the company is the creator of the patented Rapid Adapt and Deploy System (RADS).
In addition to its modular platform architecture, STORM specializes in the development, prototyping, testing, and certification of advanced integration and mounting solutions for vehicle and aerospace applications. STORM works in accordance with stringent regulatory and operational requirements, including relevant MIL standards, as well as FAR and DFARS, ensuring robust, field-ready performance under demanding conditions.
STORM Adapt Group is ISO 9001 certified and operates through a growing production and partner network across Europe, North America, and Asia.
About Teledyne FLIR Defense
Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir and @flir_defense.
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/20260301241027/en/
Media Contact:
Joe Ailinger, Jr.
Teledyne FLIR Defense
Email: joe.ailinger@teledyne.com
Andreas Rist
STORM Adapt Group
Email: andreas@stormadapt.com
Original: Teledyne FLIR Defense Signs Memorandum of Understanding with STORM Adapt Group at EnforceTac 2026
US Market News
3月前
Teledyne RESON Celebrates 50 Years of Acoustic InnovationFebruary 25, 2026 2:23 PM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne Marine’s RESON brand, a name long synonymous with multibeam sonar, hydrophones, transducers and acoustic sensing, is celebrating its 50th anniversary in February. The milestone will be marked with new product unveilings and a special reception at Oceanology International (Oi26) on 10 March, where customers, partners and show attendees are invited to join the celebration.
Founded in Denmark in 1976, RESON has spent five decades at the forefront of underwater acoustics. Serving the hydrographic, offshore, dredging, defense, and marine research sectors, RESON has delivered more than 20,000 echosounders for seabed mapping, subsea situational awareness, mine countermeasures, and ocean research and monitoring. Its products are engineered for seamless integration, across autonomous platforms, as well as larger survey and naval vessels, reflecting RESON’s long-standing commitment to versatility and operational efficiency.
From hydrophones and the early multibeam systems that became industry favorites to today’s advanced SeaBat platform, RESON technology continues to be recognized for reliability, precision and field-proven performance across global marine, offshore, hydrographic and defense operations.
A pivotal milestone in RESON’s technological journey was its role in commercializing modern sonar technology, making multibeam sonar systems more compact, more practical and more accessible to surveyors worldwide. RESON also set early benchmarks in data quality through the adoption of advanced signal-processing techniques to enhance detection capability, maximize data accuracy and elevate seabed imaging clarity. Widely regarded as the industry standard for performance, RESON hydrophones are trusted in demanding commercial and defense applications, with many units still in active service more than three decades after installation.
A hallmark of RESON’s longevity is its fully integrated headquarters in Denmark, where research and development, production, software development and service are all housed under one roof. This structure provides continuity, craftsmanship, and technical depth, supported by a highly experienced team, many of whom have been with the company for decades.
“Reaching 50 years reflects the depth of experience within RESON and the many people who have shaped its evolution,” said Ole Søe-Pedersen, Executive Vice President and General Manager of Teledyne Marine Europe, who has guided the company’s strategic direction since joining in 2011. “What has never changed is our focus on building acoustic and sonar technologies that solve real operational needs. We’re proud to celebrate this milestone with our customers at Oceanology International and look forward to the next 50 years.”
Since becoming part of Teledyne Technologies in 2013, RESON has expanded its offering with advanced processing solutions, new sonar models and integrated navigation systems. Several new RESON products will debut at Oi26, with full details revealed exclusively at the show.
About Teledyne Marine
Teledyne Marine is a group of leading-edge subsea technology companies that are part of Teledyne Technologies Incorporated. Through acquisitions and collaboration, Teledyne Marine has evolved into an industry powerhouse, bringing Imaging, Instruments, Interconnect, Seismic, and Vehicle technology together to provide total solutions to our customers. For more information, visit Teledyne Marine at www.teledynemarine.com.
About Teledyne
Teledyne 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, Canada, the United Kingdom, 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/20260225565789/en/
Jason VanWees
(805) 373-4542
Original: Teledyne RESON Celebrates 50 Years of Acoustic Innovation
US Market News
4月前
Aitech’s SP1 SpaceVPX SBC Showcases Strategic Integration of Teledyne’s Advanced Space Computing CapabilitiesFebruary 18, 2026 2:00 AM
Business Wire
Aitech and Teledyne e2v Semiconductors are proud to highlight their continued collaboration in advancing space-grade computing. Through their ongoing partnership, Teledyne e2v’s high-reliability semiconductors are being integrated into Aitech’s SP1, a radiation-tolerant 3U SpaceVPX single-board computer (SBC).
Designed for deployment in LEO, GEO, lunar, and deep space missions, the SP1 is a robust computing platform tailored for spacecraft and payload systems requiring high-performance edge processing, onboard analysis, and mission adaptability. At its core, the SP1 leverages Teledyne e2v’s QLS1046-Space system-on-chip (SoC), offering advanced processing in a compact, space-qualified form factor. Its multi-core architecture and high-bandwidth memory enable AI-based algorithms for onboard analysis and autonomous decision-making.
“Radiation-tolerant, high-performance SBCs are foundational for modern space missions, providing the speed and resilience needed to process complex workloads while withstanding the harsh radiation conditions and ensuring long-term operational success,” said D. Davis, general manager, Aitech (ADSI). “By combining our high-performance, ruggedized hardware with Teledyne e2v’s radiation-tolerant technologies, we are setting a new standard for mission-critical reliability and adaptability for space applications.”
The QLS1046-Space SoC, part of Teledyne e2v’s Qormino® family, features four 64-bit Arm® Cortex®-A72 cores and DDR4 memory with ECC, offering high bandwidth and robust data integrity. Radiation-tested to 100 krad (Si) and immune to latch-up at 67 MeV-cm²/mg, it ensures dependable operation in extreme space environments.
“Teledyne e2v’s advanced semiconductors solutions form the foundation for next-generation space systems,” said David Hien, General Manager of Teledyne e2v Semiconductors. “By enabling onboard AI and machine learning, our QLS1046-Space SoC helps spacecraft process data autonomously and make smarter decisions in real time. We’re proud to collaborate with Aitech and see our technologies integrated into the SP1 platform, enabling smarter, more autonomous spacecraft solutions.”
The SP1 is well-suited for applications such as Earth observation, communications, Command and Data Handling (C&DH), robotic vision processing, power distribution, and signal analysis, making it a key enabler for next-generation space systems. It features a high-capacity FPGA, providing exceptional flexibility for customer IP integration and enabling a wide range of interface expansion options across multiple platforms.
ABOUT AITECH
Leveraging four decades of experience providing reliable, rugged embedded systems for use in military, aerospace, and space platforms, Aitech is the world’s first independent, open systems architecture, COTS/MOTS innovator offering customized boards as building blocks for integrated computing and networking subsystems. Offering customization services for rugged and severe environment military, aerospace, and space applications, Aitech delivers mission-optimized and proven system solutions across Sea, Land, Air, and Space domains. Aitech solutions are used by industry leaders like Airbus, BAE Systems, Boeing, Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries (IAI), Larsen & Toubro Limited (L&T), Leonardo, Lockheed Martin, NASA, Northrop Grumman, Rafael, and Virgin Galactic. Aitech is supporting a better tomorrow with highly reliable, cost-effective, and proven rugged embedded solutions designed to meet your mission and platform requirements. For more information, please visit www.aitechsystems.com.
ABOUT TELEDYNE e2v SEMICONDUCTORS
Teledyne e2v delivers advanced solutions for healthcare, life sciences, space, transportation, defense, and industrial markets. The company offers high-reliability semiconductors—including data converters, microprocessors, and radiation-tolerant memories—alongside specialized manufacturing and test services. As part of the Teledyne Imaging Group and a Teledyne Technologies Incorporated (NYSE:TDY) company, Teledyne e2v partners with customers to develop innovative, tailored technologies that enhance system performance. E2V Semiconductors | E2V Semiconductors
View source version on businesswire.com: https://www.businesswire.com/news/home/20260217181866/en/
Media Contacts:
Aitech Systems
Jeremy Dingman, Director of Global Marketing
jdingman@us.aitechsystems.com
Teledyne e2v Semiconductors
Jane Rohou - MarCom Manager
Email: jane.rohou@teledyne.com
Original: Aitech’s SP1 SpaceVPX SBC Showcases Strategic Integration of Teledyne’s Advanced Space Computing Capabilities
US Market News
4月前
Teledyne FLIR Defense remporte un contrat de 17,5 millions de dollars auprès d’armasuisse pour la livraison de nano-drones Black Hornet 4 destinés à la reconnaissance à pied et intégrée à des véhiculesFebruary 2, 2026 10:48 AM
Business Wire
La livraison des systèmes de drones Black Hornet aux Forces armées suisses comprendra des drones équipés d’un logiciel et d’un kit d’intégration spécialement conçus pour fonctionner avec l’infrastructure numérique du véhicule Piranha 8x8
Ce projet est prometteur et présente un potentiel commercial pour l’intégration de drones dans les véhicules blindés afin d’améliorer les opérations tactiques
Teledyne FLIR Defense, filiale de Teledyne Technologies Incorporated (NYSE : TDY), a annoncé avoir remporté un contrat de 17,5 millions de dollars auprès d’armasuisse, l’Office fédéral suisse des achats de défense, pour la livraison d’un grand nombre de systèmes de reconnaissance personnelle Black Hornet® 4, l’un des nano-drones les plus avancés et les plus largement déployés au monde. Le Black Hornet 4 a été sélectionné comme capteur aérien démontable de renseignement, de surveillance et de reconnaissance (ISR) pour le programme de véhicules blindés de génie Piranha 8x8 d’armasuisse.
Ce communiqué de presse contient des éléments multimédias. Voir le communiqué complet ici : https://www.businesswire.com/news/home/20260201509322/fr/Teledyne FLIR Defense has won a $17.5 million contract from armasuisse, the Swiss Federal Office of Defence Procurement, to deliver a large number of Black Hornet® 4 Personal Reconnaissance Systems, one of the world’s most advanced and widely deployed nano-drones. Black Hornet 4 was selected as an airborne capability sensor for armasuisse’s Piranha 8x8 Armored engineering vehicle program. Black Hornet’s existing software is being modified to integrate with the Piranha’s digital infrastructure. Under the setup, the drone’s live video stream will be shared on vehicle displays and provide target data, coordinates, and other situational awareness to vehicle commanders and crew.
Dans le cadre de ce projet, le logiciel existant du Black Hornet a été modifié afin d’être intégré à l’infrastructure numérique du Piranha. Grâce à cette configuration, le flux vidéo en direct du drone sera partagé sur les écrans du véhicule et fournira des données sur les cibles, les coordonnées et d’autres informations sur la situation aux commandants et à l’équipage du véhicule. Le Black Hornet 4 sera intégré, conformément aux normes militaires harmonisées, à la solution de combat intégrée (ICS) des véhicules, fournie par Kongsberg Defence & Aerospace.
Les opérateurs de drones pourront connecter la tablette de contrôle du Black Hornet à l’ICS du véhicule pour des opérations à pied ou mobiles. Après avoir lancé le drone à la main depuis le véhicule, les opérateurs peuvent faire voler le Black Hornet dans le cadre de missions de collecte de renseignements, tandis que toutes les données sont simultanément partagées avec l’équipage. Parmi ses fonctionnalités, le Black Hornet peut à la fois recevoir des points de cheminement de l’ICS pour une reconnaissance plus approfondie et générer des points cibles qui peuvent être transmis à la station d’armes à distance du véhicule. Cette solution est entièrement détachable pendant les opérations, ce qui permet aux opérateurs de descendre du véhicule et de la rattacher pendant que le drone vole.
« Cette première intégration du Black Hornet 4 dans un véhicule sur le terrain met en évidence ses capacités tactiques uniques en tant que multiplicateur de force », déclare JihFen Lei, président de Teledyne FLIR Defense et vice-président principal de Teledyne Technologies. « En fournissant les mêmes données situationnelles immédiates à tous les systèmes du véhicule et à l’équipage, nous pouvons contribuer à réduire la charge cognitive et à accroître l’efficacité au combat.
Le programme armasuisse montre le potentiel commercial de l’intégration des UAS sur les véhicules blindés à l’échelle mondiale et la promesse des systèmes "drone-in-a-box" développés par FLIR Defense spécifiquement pour les véhicules, notamment nos solutions Black Recon™ et SkyCarrier™ », ajoute M. Lei.
Le Black Hornet 4 représente la prochaine génération de nano-drones légers, capables de fournir une meilleure connaissance de la situation de jour comme de nuit aux petites unités de combat. Sa caméra diurne de 12 mégapixels et son imageur thermique haute résolution fournissent des vidéos et des images fixes d’une grande netteté à l’opérateur. Avec un poids de seulement 70 grammes, le Black Hornet 4 peut survivre dans des environnements sans GPS et contestés, voler pendant plus de 30 minutes, sur plus de trois kilomètres, et fonctionner par vent de 25 nœuds et sous la pluie. Ses performances de vol sont améliorées par des capacités avancées d’évitement d’obstacles et d’autres fonctionnalités.
Les Black Hornet 4 intégrés aux véhicules ont été livrés en 2025. Les systèmes restants seront livrés au cours de l’année 2026.
Teledyne FLIR a livré plus de 35 000 drones Black Hornet aux forces militaires et de sécurité de plus de 45 pays. Le Black Hornet, qui a été primé, est conçu et fabriqué par Teledyne FLIR Defense en Norvège.
À propos de Teledyne FLIR Defense
Teledyne FLIR Defense fournit depuis plus de 45 ans des technologies et des systèmes avancés essentiels à la mission. Nos produits sont en première ligne pour relever les défis les plus urgents en matière de défense, de sécurité et de sécurité publique dans le monde. En tant que leader mondial de l’imagerie thermique, nous concevons et fabriquons des capteurs de surveillance sophistiqués pour une utilisation aérienne, terrestre et maritime. Nous développons les plateformes aériennes et terrestres sans pilote les plus robustes et les plus fiables, ainsi que des dispositifs de détection intelligents utilisés pour détecter les produits chimiques, les agents biologiques, les radiations et les explosifs. Chez Teledyne FLIR Defense, nous mettons à profit cette expertise pour fournir des solutions qui permettent de prendre des décisions cruciales et de protéger notre monde contre toute menace, où qu’elle se trouve. Pour en savoir plus, rendez-vous sur notre site Web ou suivez @flir et @flir_defense.
À propos de Teledyne Technologies
Teledyne Technologies est l’un des principaux fournisseurs de produits et logiciels d’imagerie numérique sophistiqués, d’instrumentation, d’électronique aérospatiale et de défense, et de systèmes d’ingénierie. Les activités de Teledyne sont principalement situées aux États-Unis, au Royaume-Uni, au Canada et en Europe occidentale et septentrionale. Pour plus d’informations, rendez-vous sur le site Web de Teledyne à l’adresse www.teledyne.com.
Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.
Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20260201509322/fr/
Contact médias :
Joe Ailinger, Jr.
Teledyne FLIR Defense
E-mail : joe.ailinger@teledyne.com
Original: Teledyne FLIR Defense remporte un contrat de 17,5 millions de dollars auprès d’armasuisse pour la livraison de nano-drones Black Hornet 4 destinés à la reconnaissance à pied et intégrée à des véhicules
penniesfromheaven1
15年前
Teledyne Technologies to Present at the Needham Growth Conference on January 11
Teledyne (NYSE:TDY)
Intraday Stock Chart
Today : Monday 10 January 2011
Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the 13th Annual Needham Growth Conference on Tuesday, January 11, at 8:00 a.m. (Eastern) at The New York Palace Hotel in New York City.
A live webcast of Teledyne Technologies’ conference presentation may be accessed via the company’s website at www.teledyne.com. In addition, Teledyne Technologies’ latest investor presentation will be publicly available on the company’s website.
Teledyne Technologies is a leading provider of sophisticated electronic subsystems, instrumentation and communication products, engineered systems, aerospace engines, and energy and power generation systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
Teledyne’s investor relations presentation contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to earnings, growth opportunities, product sales, pension matters, stock option compensation expense, interest expense, credit facility renewal, American Centrifuge Plant remobilization, and strategic plans. All statements made in the investor presentation that are not historical in nature should be considered forward-looking. Actual results could differ materially from these forward-looking statements. Many factors could change the anticipated results: including continuing disruptions in the global economy; insurance and credit markets; changes in demand for products sold to the defense electronics, instrumentation and energy exploration and production, commercial aviation, semiconductor and communications markets; funding, continuation and award of government programs; continued liquidity of the company’s suppliers and customers (including commercial aviation customers); availability of credit to the company’s suppliers and customers; and a potential decrease in offshore oil production and exploration activity due to April 2010 oil spill in the Gulf of Mexico. Increasing fuel costs could negatively affect the markets of the company’s commercial aviation businesses. Lower oil and natural gas prices could negatively affect the company’s business units that supply the oil and gas industry. In addition, financial market fluctuations affect the value of the company’s pension assets. The forward-looking information may also include statements about the expected effects on Teledyne of the pending Continental Motors and DALSA transactions, the anticipated timing and scope of the transactions, expected timing of the completion of the transactions, anticipated earnings enhancements, estimated cost savings and other synergies, costs to be incurred in achieving synergies, anticipated capital expenditures, other strategic options and all other statements other than historical facts. Many factors could change anticipated results, including unanticipated issues associated with the satisfaction of the conditions to the transactions, issues associated with obtaining necessary regulatory approvals and the terms and conditions of such approvals, Teledyne’s ability to integrate the acquired operations, retain customers and achieve operating synergies, the ability to develop and market new products, failure of the requisite number of DALSA shareholders to approve the transaction, operating results of DALSA being lower than anticipated, and unexpected acquisition and divestiture-related costs and expenses.
Global responses to terrorism and other perceived threats increase uncertainties associated with forward-looking statements about the company’s businesses. Various responses to terrorism and perceived threats could realign government programs, and affect the composition, funding or timing of the company’s programs. Changes in the policies of U.S. and foreign governments could result, over time, in reductions and realignment in defense or other government spending and further changes in programs in which the company participates, including anticipated reductions in the company’s missile defense engineering services, as well as certain NASA programs.
The company continues to take action to assure compliance with the internal controls, disclosure controls and other requirements of the Sarbanes-Oxley Act of 2002. While the company believes its control systems are effective, there are inherent limitations in all control systems, and misstatements due to error or fraud may occur and not be detected.
Teledyne Technologies’ growth strategy includes possible acquisitions. The company cannot provide any assurance as to when, if or on what terms any other acquisitions will be made. Acquisitions involve various inherent risks, such as, among others, the company’s ability to integrate acquired businesses and retain customers and to achieve identified financial and operating synergies. There are additional risks associated with acquiring, owning and operating businesses outside of the United States, including those arising from U.S. and foreign government policy changes or actions and exchange rate fluctuations.
Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies’ periodic filings with the Securities and Exchange Commission, including its 2009 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. The company assumes no duty to update forward-looking statements.
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