Teledyne Technologies

Teledyne Technologies Incorporated (NYSE: TDY) is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems.

Teledyne's operations are primarily located in the US, the UK, Canada, and Western and Northern Europe. The company serves industrial growth markets that require advanced technology and high reliability, including aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research.

Teledyne's business is organized into four segments:

• Digital Imaging: Provides sensors, cameras and systems within the visible, infrared, ultraviolet and X-ray spectra for use in industrial, scientific, government, space, defense, security and other applications.

• Instrumentation: Offers monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

• Aerospace and Defense Electronics: Provides electronic components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, and other components.

• Engineered Systems: Delivers systems engineering, integration and advanced technology development for space, missile defense, nuclear power, and other applications.

In 2023, Teledyne reported record annual sales of USD 5,458.6 million, an increase of 18.3% compared to the previous year. The company has continued to focus on operational excellence and strategic acquisitions to drive growth. Recent acquisitions include ChartWorld International and ETM, which have expanded Teledyne's capabilities in maritime navigation software and hardware.

Teledyne maintains a strong focus on research and development, with a customer and company-sponsored applied research center that augments its product development expertise. The company's strategy emphasizes growth in its core markets through targeted acquisitions and product development, while pursuing operational excellence to improve margins and earnings.