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Teledyne shares trade up after earnings beat expectations

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne shares trade up after earnings beat expectations

Teledyne Technologies share were trading up slightly Thursday morning after the company released fourth-quarter earnings with net sales up 4.3 percent, beating Street expectations.

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Teledyne lands 5-year Navy deal

By   /  Thursday, October 16th, 2014  /  Latest news, Technology, Top Stories  /  Comments Off on Teledyne lands 5-year Navy deal

Teledyne Technologies, a publicly traded aerospace and defense engineering firm headquartered in Thousand Oaks, announced today that its Teledyne Oil & Gas group won a contract from Connecticut-based General Dynamics Electric Boat with a potential $40 million value. The company will use the money to develop electrical and fiber-optic connector hardware for U.S. Navy submarines Read More →

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Teledyne to raise $125M in debt sale

By   /  Tuesday, September 23rd, 2014  /  Banking & Finance, Banking Industry, East Ventura County, Tri-County Economy  /  Comments Off on Teledyne to raise $125M in debt sale

Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, Read More →

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Teledyne to buy offshore oil equipment maker for $171M

By   /  Wednesday, September 3rd, 2014  /  Banking & Finance, Technology, Tri-County Public Companies  /  Comments Off on Teledyne to buy offshore oil equipment maker for $171M

Thousand Oaks-based industrial conglomerate Teledyne Technologies is buying Bolt Technology Corp., a maker of offshore oil exploration equipment, in an all-cash deal valued at $171 million. Teledyne said Sept. 3 that it will pay $22 per share to buy the Connecticut manufacturer. Bolt makes and supplies marine seismic energy products and replacement parts for offshore Read More →

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Teledyne dives into underwater drone business with Ocean Aero deal

By   /  Friday, July 11th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Teledyne dives into underwater drone business with Ocean Aero deal

While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean Read More →

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Industrial segments fuel record Q1 profits at Teledyne

By   /  Wednesday, April 23rd, 2014  /  Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Industrial segments fuel record Q1 profits at Teledyne

Despite widespread defense cuts, industrial business drove record first-quarter sales and profits at Teledyne Technologies, prompting the Thousand Oaks-based industrial conglomerate to raise its full-year outlook.

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Teledyne wins $60M NASA contract

By   /  Tuesday, February 4th, 2014  /  Technology, Top Stories  /  Comments Off on Teledyne wins $60M NASA contract

A unit of Thousand Oaks-based Teledyne Technology has won a $60 million contract to build a critical piece of the replacement of the Space Shuttle.