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TDY Teledyne Technologies Inc

509.18
0.58 (0.11%)
28 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Teledyne Technologies Inc NYSE:TDY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.58 0.11% 509.18 511.00 506.875 509.57 219,107 21:03:07

Teledyne FLIR Defense Awarded $74 Million IDIQ Contract to Modernize U.S. Coast Guard Surveillance Systems

13/01/2025 12:05pm

Business Wire


Teledyne Technologies (NYSE:TDY)
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Company has provided Coast Guard imaging solutions used for search & rescue and other maritime missions for 20 years

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced it has been awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract worth up to $74.2 million to provide modernized imaging surveillance systems to the United States Coast Guard (USCG).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250113389652/en/

Teledyne FLIR Defense has been awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract worth up to $74.2 million to provide modernized imaging surveillance systems to the United States Coast Guard. The systems provide operators with high-definition daylight, low light, and infrared imagery and will be used in support of all Coast Guard missions, with an emphasis on search and rescue, living marine resources, and law enforcement. The new technology also will augment coastal security, drug and migrant interdiction, ports and waterways protection, and other Coast Guard rapid response needs. (Photo: Business Wire)

FLIR Defense will deliver more than 125 Electro-Optic Sensor System-Modernized (ESS-M) systems for use on USCG rotary wing aircraft, specifically the MH-60 and MH-65. The advanced ESS-M platform features a full-HD sensor suite and updated user interfaces, as well as advanced processing capabilities and software enhancements that will support future growth.

The ESS-M systems provide operators with high-definition daylight, low light, and infrared imagery and will be used in support of all Coast Guard missions, with an emphasis on search and rescue, living marine resources, and law enforcement. The new technology also will augment coastal security, drug and migrant interdiction, ports and waterways protection, and other Coast Guard rapid response needs.

Teledyne FLIR Defense has been delivering and supporting legacy ESS systems for USCG medium- and short-range recovery aircraft since 2005.

“The significant updates through ESS-M will enable the U.S. Coast Guard to stay on technology’s cutting edge while conducting its wide range of key maritime operations,” said Dr. JihFen Lei, president of Teledyne FLIR Defense. “We’re proud to extend our history of support and look forward to building our relationship across all missions areas.”

Deliveries will begin in Q4-2025. For more on Teledyne FLIR’s maritime surveillance solutions, visit us online.

About Teledyne FLIR Defense

Teledyne FLIR Defense has been providing advanced, mission-critical technology and systems for more than 45 years. Our products are on the frontlines of the world’s most pressing military, security and public safety challenges. As a global leader in thermal imaging, we design and build sophisticated surveillance sensors for air, land and maritime use. We develop the most rugged, trusted unmanned air and ground platforms, as well as intelligent sensing devices used to detect chemicals, biological agents, radiation and explosives. At Teledyne FLIR Defense we bring together this expertise to deliver solutions that enable critical decisions and keep our world safe – from any threat, anywhere. To learn more, visit us online or follow @flir.

About Teledyne Technologies

Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.

Media Contacts: Joe Ailinger, Jr. Teledyne FLIR Phone: +1 781-801-6161 Email: joe.ailinger@teledyne.com

Ryan Williams Targeted Victory Phone: +1 617-697-9072 Email: rwilliams@targetedvictory.com

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