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Slide #94. Teledyne Technologies Incorporated — CDL
Teledyne Technologies Incorporated (NYSE:TDY)
Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Limited, has acquired C.D. Limited (CDL). Headquartered in Aberdeen, Scotland, CDL is a leading supplier of subsea inertial navigation systems and motion sensors for a variety of marine applications. Terms of the transaction were not disclosed.
Teledyne Technologies provides technologies for industrial markets. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research. Co.'s products include digital imaging sensors, cameras and systems within the visible, infrared and X-ray spectra, monitoring and control instrumentation, harsh environment interconnects, electronic test and measurement equipment, aircraft information management systems, and defense electronics and satellite communication subsystems.
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Strong Buy (3.75 out of 4)