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News

News Archives: 2012 | 2011 | 2010 | 2009 | 2008 - 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999

TELEDYNE TECHNOLOGIES REPORTS THIRD QUARTER RESULTS

THOUSAND OAKS, Calif. – October 27, 2011 – Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne Technologies today reported third quarter 2011 sales from continuing operations of $496.4 million, compared with sales of $409.8 million for the third quarter of 2010, an increase of 21.1%. Net income from continuing operations including noncontrolling interest was $34.1 million ($0.91 per diluted share) for the third quarter of 2011, compared with $29.9 million ($0.81 per diluted share) for the third quarter of 2010, an increase of 14.0%. Net income including discontinued operations was $34.1 million ($0.91 per diluted share) for the third quarter of 2011, compared with $30.3 million ($0.82 per diluted share) for the third quarter of 2010. Net income for the third quarter of 2011 included a $2.8 million after-tax charge to write off the company’s minority investment in a private company. The third quarter of 2011 also included net tax credits of $2.4 million while the third quarter of 2010 included net tax credits of $2.9 million. Read more.

Teledyne Technologies Authorizes Stock Repurchase Program

THOUSAND OAKS, Calif. – October 27, 2011 – Teledyne Technologies Incorporated (NYSE: TDY) announced today that its Board of Directors has authorized a stock repurchase program to repurchase up to 2,500,000 shares of the company’s common stock. Read more.

Teledyne Technologies Announces Third Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. – October 19, 2011 – Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its third quarter 2011 results on Thursday, October 27, 2011, 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 27, 2011. Read more.

Teledyne Technologies to Present at Oppenheimer Industrials Conference on September 27

THOUSAND OAKS, Calif. – September 26, 2011 – Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Oppenheimer & Co. 6th Annual Industrials Conference on Tuesday, September 27, at 10:00 a.m. (Eastern) at the InterContinental New York Barclay hotel in New York City. Read more.

Teledyne Awarded High-Power Subsea Interconnect Development Contract for Brazilian Project

THOUSAND OAKS, Calif. – September 20, 2011 – Teledyne Technologies Incorporated (NYSE: TDY) today announced that its Teledyne Oil & Gas group was awarded a development contract from Cameron do Brasil Ltda, a subsidiary of Cameron International Corporation (NYSE: CAM), to design and deliver a subsea high-power electrical interconnect system for a deepwater oil field in Brazil. Working in partnership with Cameron in Brazil, Teledyne Oil & Gas continues its leading-edge high-power interconnect development efforts. Read more.

Teledyne Technologies to Present at Wedbush Securities Conference on September 14

THOUSAND OAKS, Calif. – September 12, 2011 – 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 Clean Technology & Industrial Growth Conference on Wednesday, September 14, at 8:35 a.m. (Pacific) at the Westin San Francisco Market Street hotel in San Francisco, Calif. Read more.

Teledyne Technologies to Hold Investor Meetings

THOUSAND OAKS, Calif. – September 6, 2011 – 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 be holding investor meetings on Wednesday, September 7, in Boston, Mass. Read more.

Teledyne Awarded $595 Million Missile Defense Agency Objective Simulation Framework Contract

THOUSAND OAKS, Calif. – August 31, 2011 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., was awarded by the Missile Defense Agency (MDA) its Objective Simulation Framework (OSF), an IDIQ contract with a potential value of $595 million over five years beginning September 1, 2011. Read more.

Teledyne to Present at Jefferies 2011 Global Industrial and A&D Conference

THOUSAND OAKS, Calif. - August 4, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the Jefferies & Company's 2011 Global Industrial and A&D Conference on Wednesday, August 10, at 2:30 p.m. (Eastern) at the Grand Hyatt in New York City. Read more.

Teledyne Technologies Reports Second Quarter Results

THOUSAND OAKS, Calif. – July 28, 2011 – Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne Technologies today reported second quarter 2011 sales from continuing operations of $502.9 million, compared with sales of $408.0 million for the second quarter of 2010, an increase of 23.3%. Net income from continuing operations was $38.7 million ($1.04 per diluted share) for the second quarter of 2011, compared with $28.0 million ($0.76 per diluted share) for the second quarter of 2010, an increase of 38.2%. Net income including discontinued operations was $152.3 million ($4.08 per diluted share) for the second quarter of 2011, compared with $28.6 million ($0.78 per diluted share) for the second quarter of 2010. The second quarter of 2011 includes income from discontinued operations of $113.6 million. Read more.

Teledyne Technologies Announces Second Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. - July 13, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its second quarter 2011 results on Thursday, July 28, 2011, 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 28, 2011. Read more.

Teledyne Awarded $383 Million Shallow Water Combat Submersible Contract

THOUSAND OAKS, Calif. - July 11, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., was awarded a contract from the United States Special Operations Command (USSOCOM) to design, develop, test, manufacture and sustain the Shallow Water Combat Submersible (SWCS), a replacement system for the current SEAL Delivery Vehicle. The contract, including all options, is valued at $383 million. Read more.

Teledyne to Manufacture LBS-Glider Unmanned Underwater Vehicles

THOUSAND OAKS, Calif. - July 11, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., received approval from the U.S. Navy to move into Full Rate Production (FRP) Phase on the Littoral Battlespace Sensing-Glider (LBS-G) Program. This is the first ocean glider FRP decision ever made in the history of the Navy. Teledyne Brown will provide the Navy with a fleet of 150 marine gliders for a total contract value of $53.1 million if all options are exercised. Read more.

Teledyne Brown and Aerojet Strategic Alliance Provides for New Offering in Rocket Engine Production

Huntsville, Ala. and Sacramento, Calif. – June 19, 2011 – Teledyne Brown Engineering, Inc. (TBE), a subsidiary of Technologies Incorporated (NYSE:TDY), announced today that it finalized its strategic alliance agreement with Aerojet-General Corporation, a GenCorp (NYSE: GY) company. Read more.

Teledyne Brown Engineering and Aerojet to Form Strategic Alliance to Build Rocket Engines

THOUSAND OAKS and Sacramento, Calif. - June 3, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc. (TBE), in Huntsville, Ala., has signed a letter of agreement to form a strategic alliance with Aerojet - General Corporation, a GenCorp (NYSE:GY) company, to manufacture and assemble liquid rocket engines. Read more.

Teledyne Technologies to Hold Investor Meetings

THOUSAND OAKS, Calif. - June 1, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will be holding investor meetings at the KeyBanc Capital Markets Industrial Conference on Thursday, June 2, at the InterContinental Hotel in Boston, Mass. In addition, Teledyne plans to hold separate investor meetings on Wednesday, June 15, in Chicago, Ill. Read more.

Teledyne Technologies to Hold Investor Meetings

THOUSAND OAKS, Calif. - May 17, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will be holding investor meetings on Wednesday, May 18, in New York City. Read more.

Teledyne Wins $9 Million Littoral Combat Ship Mission Modules Manufacturing Contract

THOUSAND OAKS, Calif. - May 10, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., was awarded a $9 million contract from Northrop Grumman Corporation (NYSE:NOC) to manufacture four Littoral Combat Ship (LCS) Gun Mission Modules (GMM). Read more.

Teledyne Technologies To Hold Investor Meetings

THOUSAND OAKS, Calif. - May 4, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will be holding investor meetings on Thursday, May 5, in Portland, Ore., and Friday, May 6, in Seattle, Wash. Read more.

Teledyne Technologies Reports First Quarter Results

THOUSAND OAKS, Calif. - April 27, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) - Teledyne Technologies today reported first quarter 2011 sales of $468.1 million, compared with sales of $404.9 million for the first quarter of 2010. Net income attributable to Teledyne Technologies was $32.0 million ($0.86 per diluted share) for the first quarter of 2011, compared with $25.0 million ($0.68 per diluted share) for the first quarter of 2010, an increase of 28.0%. Net income attributable to Teledyne Technologies, excluding discontinued operations, was $32.5 million ($0.87 per diluted share) for the first quarter of 2011, compared with $25.0 million ($0.68 per diluted share) for the first quarter of 2010, an increase of 30.0%. Read more.

Teledyne Completes Sale of its Piston Engine Business

THOUSAND OAKS, Calif. - April 19, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that it has completed the divestiture of its piston engine businesses, Teledyne Continental Motors, Inc. ("Continental Motors") and Teledyne Mattituck Services, Inc., in a stock sale to Technify Motor (USA) Inc., a subsidiary of AVIC International Holding Corporation, for a purchase price of $186 million, prior to customary working capital adjustments. Read more.

Teledyne Technologies Announces First Quarter Earnings Webcast Details

THOUSAND OAKS, Calif. - April 15, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its first quarter 2011 results on Wednesday, April 27, 2011, 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 Wednesday, April 27, 2011. Read more.

Teledyne Acquires Minority Stake in Optech

THOUSAND OAKS, Calif. - April 1, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne DALSA, Inc., has acquired a minority interest in the parent company of Optech Incorporated. Terms of the transaction were not disclosed. Read more.

Teledyne Acquires Majority Interest in Nova Sensors

THOUSAND OAKS, Calif. - March 18, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, has acquired a majority interest in Nova Research, Inc. ("Nova Sensors"). Nova Sensors, located in Solvang, Calif., designs integrated circuits, highly-integrated camera electronics, and manufactures compact mid-wave and short-wave infrared camera systems. Terms of the transaction were not disclosed. Read more.

Teledyne Joined By Lockheed Martin and Raytheon on Missile Defense Bid

THOUSAND OAKS, Calif. - Feb. 24, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc. (TBE), in Huntsville, Ala., has teamed with Lockheed Martin Corporation (NYSE: LMT) and Raytheon Company to pursue the Missile Defense Agency's (MDAs) Objective Simulation Framework (OSF) contract. OSF will provide a modular, reconfigurable system that joins digital and hardware in the loop representations to evaluate fielded and conceptual Ballistic Missile Defense System (BMDS) architectures against potential threats in realistic environments. The OSF contract provides a highly flexible mechanism to modernize, deploy and sustain MDA's Modeling and Simulation. Read more.

Teledyne and DALSA Complete Plan of Arrangement

THOUSAND OAKS, Calif. and WATERLOO, Ontario - February 14, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") and DALSA Corporation (TSX: DSA) ("DALSA") jointly announced today the successful completion of the previously announced plan of arrangement (the "Arrangement"). The Arrangement was completed following the approval of the Ontario Superior Court of Justice (Commercial List) and satisfaction of the various conditions precedent to the Arrangement. Read more.

DALSA Stockholder Approval Obtained for Plan of Arrangement with Teledyne

THOUSAND OAKS, Calif. and WATERLOO, Ontario - February 10, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) ("Teledyne") and DALSA Corporation (TSX: DSA) ("DALSA") jointly announced today that at a Special Meeting of the Shareholders (the "Meeting") held earlier today, DALSA received the requisite stockholder approvals for the plan of arrangement (the "Arrangement") pursuant to which Teledyne will acquire all the issued and outstanding common shares of DALSA. Over 87.5% of DALSA's shareholders were represented in person or by proxy at the Meeting, and over 99.9% of the securities voted at the Meeting were voted in favor of the special resolution approving the Arrangement. Read more.

TELEDYNE TECHNOLOGIES REPORTS FOURTH QUARTER RESULTS

THOUSAND OAKS, Calif. - January 27, 2011 - Teledyne Technologies today reported fourth quarter 2010 sales of $452.3 million, compared with sales of $454.4 million for the same period of 2009. Net income for the fourth quarter of 2010 was $36.6 million ($0.99 per diluted share), compared with net income of $32.2 million ($0.88 per diluted share) in the fourth quarter of 2009. The fourth quarters of 2010 and 2009 included net tax credits of $9.0 million and $6.0 million, respectively. The fourth quarter of 2010 also included certain pretax charges totaling $4.8 million for acquisition and disposition related expenses. 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. Read more.

Teledyne Technologies Announces Fourth Quarter and Full Year 2010 Earnings Webcast Details

THOUSAND OAKS, Calif. - January 19, 2011 - Teledyne Technologies Incorporated (NYSE: TDY) will hold a conference call to discuss its fourth quarter and full year 2010 results on Thursday, January 27, 2011, 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 27, 2011. Read more.

Teledyne Technologies to Present at the Needham Growth Conference on January 11

THOUSAND OAKS, Calif. - January 10, 2011 - Teledyne Technologies Incorporated (NYSE:TDY) today announced that Jason VanWees, vice president, corporate development and investor relations, will make a presentation at the 13th Annual Needham Growth Conference on Tuesday, January 11, at 8:00 a.m. (Eastern) at The New York Palace Hotel in New York City. Read more.


News Archives: 2012 | 2011 | 2010 | 2009 | 2008 - 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999




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