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News

News Archives: 2011 | 2010 | 2009 | 2008 - 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999

Teledyne Technologies to Acquire DALSA Corporation

THOUSAND OAKS, Calif. and WATERLOO, Ontario - December 22, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") and DALSA Corporation (TSX: DSA) ("DALSA") jointly announced today that they have entered into a definitive agreement that provides for the acquisition of DALSA Corporation by a wholly-owned subsidiary of Teledyne. Pursuant to the transaction, Teledyne will acquire all of the outstanding common shares of DALSA for CAD $18.25 per share payable in cash. The aggregate value for the transaction is approximately CAD $341 million, taking into account DALSA's stock options and net cash as of September 30, 2010. Read more.

Teledyne Technologies Agrees to Sell Teledyne Continental Motors to AVIC International

THOUSAND OAKS, Calif. and BEIJING, China - December 14, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") and AVIC International Holding Corporation ("AVIC International") announced today an agreement to sell Teledyne's general aviation piston engine business to Technify Motor (USA) LTD., a subsidiary of AVIC International, for $186 million in cash. Under the transaction, AVIC International will acquire Teledyne Continental Motors, Inc. ("Continental Motors") and Teledyne Mattituck Services, Inc. Read more.

Teledyne Technologies to Hold Investor Meetings at Stifel Nicolaus Conference on November 18

THOUSAND OAKS, Calif. - November 16, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will be holding investor meetings at the Stifel Nicolaus Aerospace/Defense/Airline Conference on Thursday, November 18, at The St. Regis Hotel in New York City. Read more.

TELEDYNE TECHNOLOGIES REPORTS THIRD QUARTER RESULTS

THOUSAND OAKS, Calif. - October 28, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) Teledyne Technologies today reported third quarter 2010 sales of $443.9 million, compared with sales of $429.4 million for the same period of 2009. Net income for the third quarter of 2010 was $30.3 million ($0.82 per diluted share), compared with net income of $35.1 million ($0.96 per diluted share) for the third quarter of 2009. The third quarters of 2010 and 2009 include tax credits of $2.9 million and $9.3 million, respectively. The third quarter of 2010 also includes after-tax charges of $1.8 million for acquisition-related costs.
Read more.

Teledyne Technologies Announces Third Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. - October 13, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its third quarter 2010 results on Thursday, October 28, 2010, at 8:00 a.m. Pacific. A press release with the third quarter financial results will be issued before the opening of the New York Stock Exchange on Thursday, October 28, 2010. Read more.

Teledyne Awarded $25 Million to Lead in the Development of the Extreme Accuracy Tasked Ordnance (EXACTO) System

Teledyne Scientific & Imaging, LLC, is being awarded a $25,446,843 cost-plus-fixed-fee contract (HR0011-09-C-0016). The goal of the Extreme Accuracy Tasked Ordnance (EXACTO) system is to produce a guided, actively controlled 50-caliber sniper rifle system with significantly improved range and accuracy over the current systems. This modification awards Phase II of the effort, in which Teledyne will continue execution of the technology development assessment plan, and conduct detailed design, fabrication, and live fire test of the EXACTO prototype system. Work will be performed in Thousand Oaks, Calif. (25.2 percent); Plymouth, Minn. (23.8 percent); Merrimack, N.H. (15.7 percent); Cambridge, Mass. (13.6 percent); San Diego, Calif. (10.3 percent); Phoenix, Ariz. (7.9 percent); Huntsville, Ala. (3.2 percent); and Livermore, Calif. (0.3 percent). The work is expected to be completed by Sept. 24, 2012. The Defense Advanced Research Projects Agency is the contracting activity. Read more.

Teledyne Acquires Icelandic Maker of the Gavia™ Autonomous Underwater Vehicle

THOUSAND OAKS, Calif. - September 20, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Benthos, Inc., has acquired Hafmynd ehf. Hafmynd, located near Reykjavik, Iceland, designs and manufactures the Gavia™, an autonomous underwater vehicle (AUV) that is capable of carrying out complex survey missions for commercial, scientific and defense applications. The Gavia AUV's modular architecture enables sensors to be easily integrated and lithium ion battery packs to be exchanged in the field. The terms of the transaction were not disclosed. Read more.

Teledyne Technologies to Present at Wedbush Securities Conference on September 14

THOUSAND OAKS, Calif. - September 13, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Wedbush Securities 2nd Annual Clean Technology & Industrial Growth Conference on Tuesday, September 14, at 1:00 p.m. (Pacific) at the Fairmont Hotel in San Francisco, Calif. Read more.

Teledyne Brown Bolsters Manufacturing Capability with Acquisition of UK Firm

HUNTSVILLE, Ala. (August 16, 2010) - Teledyne Brown Engineering, Inc. (TBE) announced today that it has significantly increased its manufacturing capabilities with the acquisition of CML Group in the UK, a leading manufacturer of precision machined structures and composites for the aerospace industry. CML Group was part of Intelek plc which was acquired by Teledyne Technologies Incorporated in July. Read more.

Teledyne Technologies to Present at Jefferies' 6th Annual Conference on August 10

THOUSAND OAKS, Calif. - August 6, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Robert Mehrabian, chairman, president and chief executive officer, and Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Jefferies & Company's 6th Annual Global Industrial and A&D Conference on Tuesday, August 10, at 1:45 p.m. (Eastern) at the Mandarin Oriental Hotel in New York City. Read more.

TELEDYNE TECHNOLOGIES REPORTS SECOND QUARTER RESULTS

THOUSAND OAKS, Calif. - July 29, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today reported second quarter 2010 sales of $442.5 million, compared with sales of $441.1 million for the same period of 2009. Net income for the second quarter of 2010 was $28.6 million ($0.78 per diluted share), compared with net income of $25.2 million ($0.69 per diluted share) for the second quarter of 2009. Read more.

Teledyne Completes Acquisition of Intelek plc

THOUSAND OAKS, Calif. - July 26, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") announced today that it has completed the acquisition of Intelek plc (AIM: ITK.L) ("Intelek"). Teledyne was the beneficial owner of, or had received valid acceptances in respect of approximately 93% of Intelek's ordinary shares. Earlier this morning, Teledyne declared its offer to Intelek shareholders wholly unconditional, as all closing conditions of its offer had been satisfied or waived. Under the terms of the Offer, Intelek's ordinary shareholders ("Intelek Shareholders") will receive 32 pence in cash for each Intelek Share valuing the entire existing issued ordinary share capital of Intelek at approximately £28 million. Read more.

Teledyne Technologies Announces Second Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. - July 19, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its second quarter 2010 results on Thursday, July 29, 2010, 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 Thursday, July 29, 2010. Read more.

Teledyne Technologies to Acquire Intelek plc

THOUSAND OAKS, Calif. and SWINDON, UK - June 16, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) ("Teledyne") and Intelek plc (LSE:ITK.L) ("Intelek") jointly announced today that they have reached agreement on the terms of a recommended cash offer to be made by Teledyne for the entire issued and to be issued ordinary share capital of Intelek (the "Offer"). Under the terms of the Offer, Intelek's ordinary shareholders ("Intelek Shareholders") will receive 32 pence in cash for each Intelek Share valuing the entire existing issued ordinary share capital of Intelek at approximately £28 million. Read more.

Teledyne Autonomous Underwater Vehicles Assist Efforts in the Gulf of Mexico

THOUSAND OAKS, Calif. - June 9, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) announced today the deployment of several of its Slocum gliders in the Gulf of Mexico by partner organizations. The Slocum gliders, manufactured by Teledyne Webb Research, are monitoring the waters off the West coast of Florida, sending vital data back to scientists in real time. The gliders are looking for evidence of oil or dispersants in the water, as well as measuring ocean currents to help determine the direction and speed of movement of the oil spill plume. Additional Slocum gliders are planned for deployment in the next seven to ten days. Read more.

Teledyne Acquires Optimum Optical Systems, Inc.

THOUSAND OAKS, Calif. - June 7, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, has acquired Optimum Optical Systems, Inc. Optimum Optical, located in Camarillo, Calif., is a designer and manufacturer of custom optics and optomechanical assemblies. Terms of the transaction were not disclosed. Read more.

Teledyne Technologies Reports First Quarter Results

THOUSAND OAKS, Calif. - April 29, 2010 - Teledyne Technologies today reported first quarter 2010 sales of $439.2 million, compared with sales of $440.3 million for the same period of 2009. Net income for the first quarter of 2010 was $25.0 million ($0.68 per diluted share), compared with net income of $20.8 million ($0.57 per diluted share) in the first quarter of 2009. Read more.

Teledyne Technologies Announces First Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. - April 16, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its first quarter 2010 results on Thursday, April 29, 2010, 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 Thursday, April 29, 2010. Read more.

Teledyne Technologies to Present at Raymond James' Institutional Investors Conference on March 9

THOUSAND OAKS, Calif. - March 5, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Raymond James' 31st Annual Institutional Investors Conference on Tuesday, March 9, at 9:15 a.m. (Eastern) at the JW Marriott Grande Lakes in Orlando, Fla. Read more.

Teledyne Wins Department of Defense CBRNE Mission Support Contract

THOUSAND OAKS, Calif. - March 5, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., has received a major task order contract under a multiple award indefinite delivery/indefinite quantity (ID/IQ) contract from the Department of Defense (DoD) to provide acquisition program and engineering support, research and technology, and program and integration support. Read more.

Teledyne Acquires Minority Stake in Optical Alchemy, Inc.

THOUSAND OAKS, Calif. - March 2, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, has acquired a minority interest in Optical Alchemy, Inc. Optical Alchemy, located in Nashua, N.H., is a designer and manufacturer of ultra-light electro optical gimbal systems. Terms of the transaction were not disclosed. Read more.

Teledyne Technologies to Present at Cowen's Aerospace/Defense Conference on February 10

THOUSAND OAKS, Calif. - February 5, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at Cowen and Company's 31st Annual Aerospace/Defense Conference on Wednesday, February 10, at 11:55 a.m. (Eastern) at the InterContinental The Barclay New York in New York City. Read more.

TELEDYNE TECHNOLOGIES REPORTS FOURTH QUARTER RESULTS

THOUSAND OAKS, Calif. - January 28, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne Technologies today reported fourth quarter 2009 sales of $454.4 million, compared with sales of $464.8 million for the same period of 2008. Net income for the fourth quarter of 2009 was $32.2 million ($0.88 per diluted share), compared with net income of $19.9 million ($0.54 per diluted share) in the fourth quarter of 2008. The fourth quarters of 2009 and 2008 included research and development tax credits of $6.1 million and $1.2 million, respectively. The fourth quarter of 2009, also included certain pretax charges totaling $2.5 million for the net impact of product recall and replacement costs, acquisition related expenses and inventory write-downs. The fourth quarter of 2008, included a pretax charge of $18.0 million for the impact of product recall and replacement costs. Read more.

Teledyne Technologies Announces Fourth Quarter and Full Year 2009 Earnings Webcast Details

THOUSAND OAKS, Calif. - January 18, 2010 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its fourth quarter and full year 2009 results on Thursday, January 28, 2010, 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 Thursday, January 28, 2010. Read more.

Teledyne Technologies to Present at the Needham Growth Stock Conference on January 12

THOUSAND OAKS, Calif. - January 8, 2010 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Robert Mehrabian, chairman, president and chief executive officer, and Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Twelfth Annual Needham Growth Stock Conference on Tuesday, January 12, at 8:00 a.m. (Eastern) at The New York Palace Hotel in New York City. Read more.


News Archives: 2011 | 2010 | 2009 | 2008 - 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999




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