Teledyne Technologies Conducts ASW Demonstration in Iceland
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5d ago
0mins
Should l Buy TDY?
Source: Businesswire
- ASW Technology Showcase: Teledyne Technologies conducted an Anti-Submarine Warfare demonstration in Iceland, featuring its advanced autonomous underwater vehicles, which attracted participation from several NATO members, highlighting the company's technological prowess in global security.
- Strategic Deployment: With assistance from the Icelandic Coast Guard, the Teledyne team successfully deployed autonomous gliders into the North Atlantic's Greenland-Iceland gap, showcasing their strategic importance in underwater operations.
- Data Transmission Capability: During the demonstration, the glider successfully retrieved simulated mission data from a sea-bottom node in real-time and transmitted it via satellite to control centers in Iceland and the UK, illustrating its data processing capabilities in ASW operations.
- Investment and Expansion: Teledyne has 18 principal facilities and approximately 2,600 employees in the UK, with plans for further investment to integrate autonomous technology into the Ministry of Defense and the Royal Navy, enhancing its competitiveness in the military market.
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Analyst Views on TDY
Wall Street analysts forecast TDY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TDY is 609.43 USD with a low forecast of 567.00 USD and a high forecast of 645.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 628.470
Low
567.00
Averages
609.43
High
645.00
Current: 628.470
Low
567.00
Averages
609.43
High
645.00
About TDY
Teledyne Technologies Incorporated is a provider of digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Its segments include Digital Imaging, which includes sensors, cameras and systems, within the visible, infrared, ultraviolet and X-ray spectra for use in industrial, scientific, government, defense, and others; Instrumentation segment offers monitoring and control instruments for marine, environmental, industrial and other applications, and electronic test and measurement equipment; Aerospace and Defense Electronics segment provides electronic and optical components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries and other components, and Engineered Systems segment provides systems engineering, integration and technology development and manufacturing solutions. It also develops and manufactures gas sensors for critical applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Strategic Deployment: With assistance from the Icelandic Coast Guard, the Teledyne team successfully deployed autonomous gliders into the North Atlantic's Greenland-Iceland gap, showcasing their strategic importance in underwater operations.
- Data Transmission Capability: During the demonstration, the glider successfully retrieved simulated mission data from a sea-bottom node in real-time and transmitted it via satellite to control centers in Iceland and the UK, illustrating its data processing capabilities in ASW operations.
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- ASW Technology Showcase: Teledyne Technologies conducted an Anti-Submarine Warfare demonstration in Iceland, featuring its advanced autonomous underwater vehicles, which attracted participation from several NATO members, highlighting the company's technological prowess in global security.
- Strategic Deployment: With assistance from the Icelandic Coast Guard, the Teledyne team successfully deployed autonomous gliders into the North Atlantic's Greenland-Iceland gap, showcasing their strategic importance in underwater operations.
- Data Transmission Capability: During the demonstration, the glider successfully retrieved simulated mission data from a sea-bottom node in real-time and transmitted it via satellite to control centers in Iceland and the UK, illustrating its data processing capabilities in ASW operations.
- Investment and Expansion: Teledyne has 18 principal facilities and approximately 2,600 employees in the UK, with plans for further investment to integrate autonomous technology into the Ministry of Defense and the Royal Navy, enhancing its competitiveness in the military market.
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- Multinational Participation: The demonstration attracted attendance from several NATO member countries, showcasing Teledyne's strategic capabilities in the North Atlantic and reinforcing its position in the international defense market.
- Real-Time Data Transmission: Teledyne's gliders successfully recovered simulated mission data from a seabed node in real-time, transmitting it via satellite to Mission Operations Control Centers in Iceland and the UK, demonstrating high efficiency in ASW operations.
- Investment and Collaboration: Teledyne established a Remote Operations Center in collaboration with the National Oceanographic Centre in the UK, enhancing its business footprint and planning to provide more autonomous technology support to the Ministry of Defense and the Royal Navy.
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- Strategic Significance: This contract further solidifies Teledyne FLIR Defense's position in the defense market, demonstrating the company's capability to meet the needs of government and military clients effectively.
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