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Teledyne Subsidiary Gets $178M Navy Contract to Build Manned Combat Submersibles; Al Pichelli Quoted

A Teledyne Technologies (NYSE: TDY) subsidiary has secured a potential $178M follow-on contract to manufacture underwater combat personnel delivery vehicles for Naval Sea Systems Command. Teledyne Brown Engineering will continue to produce MK11 Shallow Water Combat Submersible systems through fiscal 2024, the company said Monday.

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Teledyne COO Al Pichelli Adds President Title

Al Pichelli, chief operating officer at Teledyne Technologies (NYSE: TDY) since October 2015, has been appointed to serve in the additional role of president. The more than 37-year company veteran succeeds Robert Mehrabian, who will focus on his current duties as chairman and CEO, Teledyne said Wednesday. Pichelli previously led the California-based industrial conglomerate’s instrumentation …

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Navy Picks Cobham, EDO, Teledyne For Airborne Jammer Parts Replacement IDIQ

The U.S. Navy has awarded positions on a potential $15 million contract to Cobham,  Teledyne Technologies (NYSE: TDY) and EDO for the replacement of obsolete parts of the AN/ALQ-99F tactical jamming system. The Defense Department said Tuesday contractors will compete for task orders to develop manufacture and test prototypes to replace outdated AN/ALQ-99F components. Work location will be …

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Teledyne Raises Ocean Aero Stake to 37%; Robert Mehrabian Comments

Teledyne Technologies (NYSE: TDY) has increased its equity stake in autonomous underwater system developer Ocean Aero to almost 37 percent for an undisclosed amount. San Diego-based Ocean Aero has designed unmanned platforms to work in surface and subsurface waters and aid in defense, scientific and energy projects, Teledyne said Thursday. …

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Teledyne Buys X-Ray Tech Maker ICM; Robert Mehrabian Comments

Teledyne Technologies (NYSE: TDY) has purchased X-ray technology manufacturer Industrial Control Machines SA for an undisclosed amount. Liege, Belgium-based ICM provides portable X-ray generators for testing applications and X-ray imaging systems for on-site security screening work, Teledyne said Friday. Robert Mehrabian, chairman, president and CEO of Teledyne, said the company targeted the industrial, security …

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Teledyne Subsidiary Lands Army Missile Defense Test, Evaluation Task Order

A subsidiary of Teledyne Technologies (NYSE: TDY) has received a potential four-year, $67.4 million task order to help the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command test and evaluate missile defense technologies. Teledyne Brown Engineering will perform work under the indefinite-delivery/indefinite-quantity contract for at least three base years and potentially four …

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Robert Mehrabian: Teledyne Buys Oceanscience in Marine Systems Push

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 …

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Robert Mehrabian: Teledyne to Supply Navy With Ocean Profiling Tech

A Teledyne Technologies (NYSE: TDY) subsidiary has won a five-year, $9.9 million contract to provide the U.S. Navy a flotation system designed to measure ocean salinity, temperature and water column properties. Teledyne Webb Research will deliver Autonomous Profiling Explorer floats to the branch’s naval oceanographic office, the company said Thursday. The …

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Robert Mehrabian: Teledyne Adds Acoustic Tools Through $171M Purchase of Bolt Technology

Teledyne Technologies (NYSE: TDY) has agreed to acquire Bolt Technology Corp. (NASDAQ: BOLT) for nearly $171 million in a move that Teledyne Chairman and CEO Robert Mehrabian says is intended to expand his company’s marine instrumentation portfolio. Mehrabian said Wednesday that Bolt’s SeaBotix business will become a part of Teledyne’s marine systems business. “Bolt’s geophysical acoustic sources …

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Robert Mehrabian: Teledyne Buys Atlas Hydrographic to Grow Marine Acoustics Portfolio

Teledyne Technologies (NYSE: TDY) has moved to grow its marine acoustic imaging business by purchasing Atlas Hydrographic, a developer of sonar technology for mid and deep water environments. Robert Mehrabian, Teledyne president and CEO, said Monday the company adds multi-beam transmitters for marine science and ocean surveying applications to its …

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