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May 20, 2014
08:13 EDTTDYTeledyne, German Aerospace Center formalize partnership
Teledyne Technologies Incorporated announced that its subsidiary, Teledyne Brown Engineering, in Huntsville, Ala., and the German Aerospace Center formalized their commercial space imaging partnership to use the International Space Station for Earth observation with the signing of an Implementation Agreement at the ILA Berlin Air Show. Under the agreement, DLR will build the DLR Earth Sensing Imaging Spectrometer, a hyperspectral instrument that Teledyne will integrate onto its ISS-based imaging platform, the Multi-User System for Earth Sensing. The MUSES platform will host up to three other Earth-observing instruments that Teledyne will use for commercial applications in areas such as mapping and monitoring of forests, maritime domain awareness, oil and gas exploration, and natural disaster response.
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October 23, 2014
16:17 EDTTDYTeledyne acquires Oceanscience
Teledyne Technologies announced that a subsidiary has acquired the business and substantially all of the assets of The Oceanscience Group. Based in Carlsbad, California, Oceanscience designs and manufactures marine sensor platforms and unmanned surface vehicles. Terms of the transaction were not disclosed.
07:09 EDTTDYTeledyne raises FY14 EPS view to $5.49-$5.53 from $5.31-$5.35
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07:09 EDTTDYTeledyne sees Q4 EPS $1.35-$1.39, consensus $1.38
07:08 EDTTDYTeledyne reports Q3 EPS $1.47, consensus $1.28
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October 16, 2014
14:55 EDTTDYTeledyne awarded major marine defense electronics contract from General Dynamics
Teledyne Technologies (TDY) announced that its Teledyne Oil & Gas group has been awarded a contract by General Dynamics Electric Boat of Groton, (GD) for materials and engineering support covering electrical and fiber optic interconnect assembly hardware primarily from Teledyne’s DGO business unit based in Portsmouth, New Hampshire. This contract represents the largest single award in the fifty-plus-year history of Teledyne DGO and directly supports the U.S. Navy’s Virginia-class submarine program. The contract is a multi-year award, covering a total of ten ship-sets, with manufacturing to commence in 2015.

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