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Teledyne secures Navy contract worth up to $39M

By   /  Monday, July 19th, 2021  /  Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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 →

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Teledyne closes $8.2B Flir acquisition

By   /  Friday, May 14th, 2021  /  Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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 →

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Amgen CEO again tops list of region’s highest paid execs

By   /  Friday, April 30th, 2021  /  Banking & Finance, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on 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 →

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Teledyne shares up on earnings news as Flir acquisition draws nearer

By   /  Wednesday, April 28th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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

By   /  Friday, April 2nd, 2021  /  Banking & Finance, East Ventura County, Latest news, left, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on How to borrow $4 billion: With financing secure, path is nearly clear for Teledyne/Flir deal

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Dubroff: Teledyne’s acquisition of Flir could turn the 101 corridor into ‘Sensor Alley’

By   /  Friday, January 8th, 2021  /  Columns, Latest news, Subscriber content  /  Comments Off on Dubroff: Teledyne’s acquisition of Flir could turn the 101 corridor into ‘Sensor Alley’

Henry Dubroff

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Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition

By   /  Thursday, January 7th, 2021  /  Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on 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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