Thousand Oaks-based Teledyne won a NASA contract worth as much as $596 million, the company announced Sept. 8. In a news release, Teledyne, a technology and defense conglomerate, said its subsidiary, Teledyne Brown Engineering, was awarded the Marshall Operations, Systems, Services and Integration II (MOSSI II) contract for the International Space Station. It has a Read More →
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After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →
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Back when Mad Magazine was being printed, one of its popular Cold War features was a cartoon called Spy vs. Spy. The 21st century version of that face-off is not a laughing matter, and it is being played out in part in Ventura County, where sensors versus sensors have replaced the black vs. white spy Read More →
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Despite a dip in earnings and sales compared to last year, Teledyne Technologies beat analysts’ expectations with net income of $93.9 million in the third quarter, the company announced Oct. 21. Analysts estimated that Teledyne’s diluted earnings per share would be $2.36 in the third quarter, according to estimates compiled by the Wall Street Journal. Read More →