Aerospace

Teledyne Technologies Incorporated

Company Profile Analysis

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Teledyne Technologies Incorporated - Aerospace showcase

Year Founded & Workforce

1959-12-31

10,850 Employees

Industry

Aerospace

Services

T

Teledyne Technologies Incorporated Overview

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Founded: 1960

Workforce: ~10,850

Company Working: Teledyne Technologies Incorporated (Teledyne) offers enabling technologies for aerospace & defense, air and water quality environmental monitoring, factory automation, electronics design and development, deepwater oil & gas exploration and production, oceanographic research, and medical imaging and pharmaceutical research. The company operates through four business segments, namely, instrumentation, digital imaging, aerospace & defense, and engineered systems. Through its instrumentation segment, it offers test, measurement, and communication connectivity devices for marine, and environmental monitoring and control instruments. The digital imaging segment offers high-performance sensors and infrared and X-ray spectra used in industrial, camera, government, and medical applications. The aerospace & defense segment covers sophisticated electronic components, defense electronics, and aircraft information management systems, among others. It offers ROVs and AUVs through its subsidiary Teledyne Marine.

Strategy

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Company Snapshot

10,850

Employees

1959-12-31

Founded

Million Oaks, California, US

Headquarters

SWOT Analysis

Strengths

  • Strong presence in the US
  • Heavy expenditure in research & development (The company’s R&D expenditure increased from USD 177.7 million in 2017 to USD 185.6 million in 2018.)
  • Heavy expenditure in research & development
  • Wide product range
  • Strong presence in North America
  • Diversified Product Portfolio across Aerospace, Defense, and Industrial Markets
  • Strong Focus on Innovation and Technological Advancement

Weaknesses

  • Lack of presence in developing nations
  • Less presence in third world countries
  • Dependence on Defense Contracts and Government Spending
  • Limited Brand Awareness in Some Markets

Opportunities

  • Significant growth opportunity through tie-ups, mergers, and acquisitions
  • Significant growth opportunity through tie-ups and mergers & acquisitions
  • Growth opportunities in developing geographies
  • Growth in Aerospace and Defense Industries
  • Increasing Demand for Marine and Environmental Monitoring Solutions

Threats

  • Threat from competitors such as Lockheed Martin Corporation owing a large number of US Navy contracts
  • Technological advancements by competitors
  • Increasing competition
  • Economic and Political Uncertainty
  • Intense Competition from Rivals in the Aerospace and Defense Industry

Key Developments

DateApproachDevelopment
February 2019ContractTeledyne Technologies Incorporated signed a contract with the UAE Navy to provide Teledyne Blueview imaging sonar.
February 2019ContractTeledyne Technologies Incorporated signed a contract with Ashtead Technology Ltd to provide RESON SeaBat T50-S IDH dual head subsea multibeam sonars.
August 2019ContractTeledyne Instruments, Inc., a subsidiary of Teledyne Technologies Incorporated, signed an ID/IQ contract amounting to USD 22 million with the US Naval Undersea Warfare Center to provide AUVs and related monitoring and communications acoustic systems.
February 2019Product LaunchTeledyne Gavia, a subsidiary of Teledyne Technologies Inc., launched its 6,000-meter rated SeaRaptor AUV. It has enhanced Edgetech side-scan sonar with dynamic focus capability, an iXblue Phins 6K INS system, and a CathX camera and strobe system. With the launch of SeaRaptor AUV, it will cater to a number of customers in the global market.
September 2021Product LaunchTeledyne e2v launched its Topaz series of industrial CMOS sensors with new 2MP and 1.5MP resolution devices. In addition to offering powerful solutions and enabling compact mobile designs, these new sensors use world-class global shutter pixel technology to deliver pixel sizes of 1920 x 1080 and 1920 x 800.
May 2021AcquisitionTeledyne Technologies completed its acquisition of FLIR Systems, Inc., a company that specializes in thermal imaging and infrared cameras. This acquisition may have implications for Teledyne's maritime airborne sensor technology in the future.
Feb 2020Product DevelopmentTeledyne CARIS launched a new version of its flagship software product, CARIS Onboard, which includes support for automated data processing workflows from Teledyne's SeaRaptor multi-beam sonar system.
May 2018PartnershipTeledyne Optech announced a partnership with an airborne survey company to conduct a coastal mapping project using Teledyne's CZMIL (Coastal Zone Mapping and Imaging Lidar) airborne sensor.

Product Offering

  • TELEDYNE TECHNOLOGIES INCORPORATED
    • SeaBat IDH T20/50-R
    • RESON TC 4032
    • HydroSweep DS
    • BlueView MB2250-N/W Multibeam Profiler Sonar
    • BlueView MB1350-N/W Multibeam Profiler Sonar
    • 3D Multibeam Scanning Sonar
    • BlueView T2250-360 Tunnel Profiler
    • PDS Search & recovery software
    • Autonomous Underwater Vehicle (AUV)
    • MEMS Sensors Market
    • Global Maritime Airborne Sensor Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Teledyne Technologies Incorporated as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Teledyne Technologies Incorporated

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