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Teledyne sales in 1969 were $2.7 billion and net income was $372 million. The stock had a 2-for-1 split during 1967 and the same split in 1969. [16] As Teledyne moved into its second decade, some 150 firms had been acquired. Singleton then essentially stopped direct acquisition of companies and began investments in stock of technical firms.
This stock was mainly held by the insurance subsidiaries. In the “bear” market of the early 1970s, Teledyne stock fell from about $40 to less than $8. Singleton saw this as an opportunity to buy back Teledyne stock. In buybacks from October 1972 to February 1976, 22 million shares were repurchased at $14 to $40 – well above the market price.
Teledyne FLIR LLC, formerly FLIR Systems Inc, (an acronym for "forward-looking infrared"), [2] a subsidiary of Teledyne Technologies, specializes in the design and production of thermal imaging cameras and sensors. Its main customers are governments and in 2020, approximately 31% of its revenues were from the federal government of the United ...
Teradyne. Not to be confused with Teledyne Technologies. Teradyne, Inc., is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Teradyne's high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.
ATI Inc. (previously Allegheny Technologies Incorporated) is an American producer of specialty materials headquartered in Dallas, Texas. ATI produces metals including titanium and titanium alloys, nickel -based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings.
Teledyne converted Packard Bell common stock into Teledyne common stock at a ratio of one share of Teledyne common stock for each seven and one-half shares of Packard Bell common stock. The Packard Bell name remained but with Teledyne as a prefix (as with other Teledyne operating divisions), and was renamed "Teledyne Packard Bell". [5]
Rex Geveden (born 1962 in Mayfield, Kentucky) is the president and chief executive officer of BWX Technologies. Previously he was chief operating officer. Prior to his tenure with BWXT, Geveden was executive vice president of Teledyne Technologies Inc and president of Teledyne Dalsa in Waterloo, Ontario. Previously he was the president of ...
Teledyne Controls. Teledyne Controls is a business unit of Teledyne Technologies Incorporated (NYSE: TDY). Created in 1964, the company designs and manufactures onboard avionic and ground-based electronic systems for the aviation industry. [1]