Teledyne secures Navy contract worth up to $39M
Thousand Oaks-based Teledyne Technologies announced July 19 that its subsidiary, Teledyne Brown Engineering, was awarded a U.S. Navy contract for underwater drones worth as much as $39.2 million. The contract has a maximum base value of $27.4 million over five years, with five one-year option periods and a maximum value of $39.2 million if all Read More →
Read More →Teledyne closes $8.2B Flir acquisition
Thousand Oaks-based Teledyne Technologies completed its purchase of Flir Systems on May 13 when the stockholders of each company approved the $8.2 billion deal, Teledyne announced May 14. Flir, a thermal imaging company based in Oregon with a large presence in Goleta, is now part of Teledyne’s Digital Imaging Segment and operates under the name Read More →
Read More →Amgen CEO again tops list of region’s highest paid execs
Robert Bradway remained the highest paid executive in the Tri-Counties in 2020, but stock options and new faces changed a lot of the names and positions on the list. Bradway, the CEO of Amgen, earned $20.13 million in total compensation in 2020 — 3% more than he earned in 2019, and 8.23% more than in Read More →
Read More →Teledyne shares up on earnings news as Flir acquisition draws nearer
Teledyne Technologies saw growth in nearly all markets during the first quarter of 2021, helping the company beat expectations and deliver positive results on its first earnings report of the year. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported an adjusted earnings per share of $3.02 for the first quarter of 2021, beating Zacks’ Read More →
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How to borrow $4 billion: With financing secure, path is nearly clear for Teledyne/Flir deal
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Read More →Dubroff: Teledyne’s acquisition of Flir could turn the 101 corridor into ‘Sensor Alley’
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Read More →Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition
For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →
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