Teledyne Technologies (NYSE: TDY) has agreed to acquire FLIR Systems (NYSE: FLIR) for approximately $8B in cash and stock. Both companies’ boards of directors approved the transaction that is expected to conclude by mid-2021, subject to regulatory approvals and other customary closing conditions.

A Teledyne Technologies (NYSE: TDY) division has received an $85M contract modification from NASA to build two more rocket stage adapters for the Space Launch System the agency will use on crewed missions to the moon.

A Teledyne Technologies (NYSE: TDY) subsidiary has received a potential six-year, $83.6M contract from the U.S. Navy to develop modeling and simulation tools for the Naval Health Research Center in San Diego. Teledyne Brown Engineering will conduct research and development of information technology applications for NHRC medical planners, the Department of Defense said Tuesday.

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.

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 …

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Department said Tuesday contractors will compete for task orders to develop manufacture and test prototypes to replace outdated AN/ALQ-99F components.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 …

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. …

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 …

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 …

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 …