Teledyne's (TDY) Unit Wins $114M Contract for Missile Defense
Teledyne Technologies(TDY) ZACKS·2024-08-27 00:35
Teledyne Technologies, Inc.'s (TDY) subsidiary, Teledyne Brown Engineering, recently received a $114- million contract from the U.S. Army Space and Missile Defense Command. Teledyne Brown Engineering will be in charge of designing, producing and launching realistic-threat ballistic target missiles under this contract, which are essential for testing cutting-edge missile defense systems. What's Favoring TDY? Rapidly increasing geopolitical tensions worldwide, along with heightened regional conflicts in diffe ...