News

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Recent Teledyne News & Events​​​

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    • ​THOUSAND OAKS, Calif. – August 19, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Instruments, Inc., has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Undersea Warfare Center to supply autonomous underwater vehicles (AUVs) and related monitoring and communications acoustic systems. The initial 2019 value of the contract is approximately $5.4 million. The award has a maximum value of $22.2 million through December 2024, if all contract options are exercised.

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    • ​Milpitas, Calif., August 6, 2019 – Teledyne LeCroy, Inc., the worldwide leader in protocol test solutions and a business unit of Teledyne Technologies Incorporated (NYSE:TDY), has announced the SierraNet M648 protocol analysis and traffic impairment system, the first-to-market protocol analyzer for 4 level Pulse Amplitude Modulation (PAM4) 50G Ethernet and 64G Fibre Channel interconnections. The SierraNet M648 includes a traffic impairment system that precisely introduces timing or syntax errors into network and cloud communication, allowing developers to pretest errors and debug products prior to launch.
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    • THOUSAND OAKS, Calif. – August 5, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) today announced that Al Pichelli, President and Chief Executive Officer, and Jason VanWees, Executive Vice President, will present at the Jefferies 2019 Industrials Conference on Wednesday, August 7, at 8:35 a.m. (Eastern) at the Grand Hyatt New York in New York City.
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    • ​​​THOUSAND OAKS, Calif. – August 1, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne"​) announced today the successful completion of the previously announced acquisition by Teledyne of the gas and flame detection business of 3M for $230 million in cash. The gas and flame detection business includes Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products.

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    • ​THOUSAND OAKS, Calif. – July 24, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne today reported second quarter 2019 net sales of $782.0 million, compared with net sales of $732.5 million for the second quarter of 2018, an increase of 6.8%. Net income was $104.6 million ($2.80 per diluted share) for the second quarter of 2019, compared with $85.9 million ($2.32 per diluted share) for the second quarter of 2018, an increase of 21.8%. The second quarter of 2019 reflected net discrete income tax benefits of $4.3 million compared with net discrete income tax benefits of $3.4 million for the second quarter of 2018.
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    • THOUSAND OAKS, Calif. – July 23, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) announced today the appointment of Denise R. Cade, Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation (NYSE:IEX) to the company’s Board of Directors, effective July 23, 2019. The addition of Ms. Cade raises the number of Board members to 11.
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    • THOUSAND OAKS, Calif. – July 11, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its second quarter 2019 results on Wednesday, July 24, 2019, at 8:00 a.m. Pacific. A press release with the second quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, July 24, 2019.

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    • ​​THOUSAND OAKS, Calif. – June 10, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that imaging hardware and software from Teledyne Optech helped enable 3D spatial data acquisition and visual effects for HBO’s hit series Game of Thrones. A team, led by Vektra d.o.o. of Croatia, utilized Teledyne’s lidar (light detection and ranging) technology to create a detailed 3D representation of the old city of Dubrovnik, the model for the fictional city of King’s Landing. A promotional video can be found at the​ following link: https://www.youtube.com/watch?v=PTRqjOR4awU​

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    • THOUSAND OAKS, Calif. – June 5, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that it has submitted a binding offer for Teledyne to acquire the gas and flame detection business of 3M for $230 million in cash. The gas and flame detection business includes Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products.

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    • ​​THOUSAND OAKS, Calif. – May 17, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, Executive Vice President, will present at the Baird 2019 Global Consumer, Technology & Services Conference on Wednesday, June 5, at 3:45 p.m. (Eastern) at the InterContinental New York Barclay in New York City.

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    • ​THOUSAND OAKS, Calif. – April 24, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne today reported first quarter 2019 net sales of $745.2 million, compared with net sales of $695.6 million for the first quarter of 2018, an increase of 7.1%. Net income was $75.3 million ($2.02 per diluted share) for the first quarter of 2019, compared with $66.5 million ($1.81 per diluted share) for the first quarter of 2018, an increase of 13.2%. The first quarter of 2019 reflected net discrete income tax benefits of $3.1 million compared with net discrete income tax benefits of $2.1 million for the first quarter of 2018. The first quarter of 2019 also included $1.4 million in severance and facility consolidation costs and $1.0 million in acquisition-related expense. The first quarter of 2018 included $0.8 million in severance and facility consolidation cost and $2.0 million in asset impairment costs.
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    • THOUSAND OAKS, Calif. – April 11, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its first quarter 2019 results on Wednesday, April 24, 2019, at 8:00 a.m. Pacific. A press release with the first quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, April 24, 2019.
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    • ​LEWISBURG, Tenn. – March 19, 2019 – Teledyne Advanced Electronic Solutions (AES), a business unit of Teledyne Technologies Incorporated (NYSE:TDY), was awarded a contract worth in excess of $20 million for fiscal years 2019 through 2021 from Harris Corporation of Melbourne, Florida, to continue its support of the F-35 aircraft program. 

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    • Thunderbolt 3 Developer Conference & Plugfest, Taipei, Taiwan, March 5, 2019 – Teledyne LeCroy, Inc., the worldwide leader in USB protocol test solutions and a business unit of Teledyne Technologies Incorporated (NYSE:TDY), today announced and demonstrated the first protocol analyzer platform for testing next-generation USB4 and Thunderbolt 3 systems. The convergence of the underlying Thunderbolt and USB protocols in the USB 4 specification will increase compatibility among USB Type-C™ connector-based products, simplifying how people connect their devices. Teledyne LeCroy’s new Voyager M4x Protocol Analyzer will enable companies to develop high-performance products with the USB4 standard, targeted for release in mid-2019.
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    • THOUSAND OAKS, Calif. – Tuesday, March 5, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its Teledyne Defence & Space business unit, part of the Teledyne Defense Electronics group, developed and provided critical microwave communication products to support Airbus OneWeb Satellites’ mega constellation to bridge the digital divide. The first six satellites and supporting payload were launched Wednesday, February 27, on Soyuz VS21.
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    • THOUSAND OAKS, Calif. and SARASOTA, Fla. – February 5, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Roper Technologies, Inc. (NYSE:ROP) (“Roper”) jointly announced today the successful completion of the previously announced acquisition by Teledyne of the Scientific Imaging businesses of Roper for $225 million in cash. The Scientific Imaging businesses include Princeton Instruments, Photometrics and Lumenera, as well as other brands.
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    • ​​THOUSAND OAKS, Calif. – February 1, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) today announced that Al Pichelli, President and Chief Executive Officer, and Jason VanWees, Executive Vice President, will present at the 40th Annual Cowen Aerospace/Defense & Industrials Conference on Wednesday, February 6, at 4:20 p.m. (Eastern) at the Lotte New York Palace Hotel in New York City.
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    • ​THOUSAND OAKS, Calif. – January 15, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its fourth quarter and full year 2018 results on Wednesday, January 23, 2019, at 8:00 a.m. Pacific. A press release with the fourth quarter and full year financial results will be issued before the opening of the New York Stock Exchange on Wednesday, January 23, 2019.
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    • THOUSAND OAKS, Calif. – January 14, 2019 – Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, Executive Vice President, will present at the 21st Annual Needham Growth Conference on Wednesday, January 16, at 12:50 p.m. (Eastern) at the Lotte New York Palace Hotel in New York City.

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