Teledyne Technologies Incorporated (TDY)
Teledyne Technologies Incorporated is a diversified technology company that provides advanced electronics, instrumentation, aerospace, and defense products and solutions. Founded in 1960, it serves various industries including environmental monitoring, aerospace, defense, and industrial markets through its multiple business segments. Known for innovation and precision engineering, Teledyne delivers high-performance systems and components used in scientific, commercial, and government applications.
Company News
Lantronix announced a strategic partnership with Gremsy and Teledyne FLIR to develop advanced drone platforms with high-performance, low-power edge AI computing solutions that improve drone operational efficiency and meet strict government regulations.
Teledyne Technologies reported strong Q4 results with sales growth and earnings beat, but provided a cautious outlook for 2025 citing the strong U.S. dollar and geopolitical uncertainties.
Teledyne FLIR Defense, a business unit of Teledyne Technologies, has won a $15 million contract to supply over 150 of its ThermoSight HISS-XLR weapon sights to a NATO partner nation. The sights can identify and detect targets over 2,000 meters away, improving mission success for snipers and long-range shooters.
Late in December, Nvidia Corp. topped a list of favorite stocks among analysts working for brokerage firms. But with the stock continuing to soar this year, running the same screen of the S&P 500 produces a different result, with Nvidia no longer even making the top 20.
