Robert Mehrabian: Teledyne Buys Oceanscience in Marine Systems Push

Robert Mehrabian
Robert Mehrabian

Teledyne Technologies (NYSE: TDY) has bought marine sensor platforms manufacturer Oceanscience Group for an undisclosed amount, a move that CEO Robert Mehrabian said is aimed to grow Teledyne’s marine systems portfolio.

Carlsbad, California-based Oceanscience develops oceanographic and hydrographic deployment equipment that works to measure current, map seafloor and analyze physical parameters,  Teledyne said Thursday.

“Through the acquisition of Oceanscience, as well as the recent investment in Ocean Aero and the pending acquisition of Bolt Technology and its Seabotix division, we will have significantly broadened Teledyne’s portfolio of remotely-operated and autonomous marine systems, ” said Mehrabian.

“Specifically, Oceanscience adds unmanned surface vessels to our line of profiling floats, battery-powered autonomous underwater vehicles and market-leading autonomous gliding vehicles, ” he added.

Claiborne Advisors served as Oceanscience’s financial adviser.

You may also be interested in...

Young Bang, Chief Growth Officer for Atlas Research

Atlas Joins DMI-Led Air Force Enterprise Transformation Contract Team; Young Bang Quoted

Atlas Research is part of a Digital Mobilizations Inc.-led team that won a position on a five-year, $990M contract vehicle to help the U.S. Air Force implement and manage enterprise transformation initiatives.

HIMARS launcher

State Dept OKs $1.8B in HIMARS Launchers, Recce Pods, Missile Purchase Requests From Taiwan

The State Department has approved Taiwan’s request to buy high mobility artillery rocket system launchers, AGM-84H standoff land attack missile-expanded response systems, MS-110 recce pods and related equipment and services under three foreign military sales agreements worth approximately $1.8B combined.