Teledyne Technologies to acquire FLIR Systems in a blending of military electro-optical sensor specialists
THOUSAND OAKS, Calif. – Teledyne Technologies Inc. in Thousand Oaks, Calif., has agreed to buy FLIR Systems in Wilsonville, Ore., in an $8 billion cash-and-stock acquisition to expand its electro-optical sensor offerings for the defense industry. Continue reading original article
The Military & Aerospace Electronics take:
13 Jan. 2021 -- "At the core of both our companies is proprietary sensor technologies," says Teledyne Chairman Robert Mehrabian. "Our business models are also similar: we each provide sensors, cameras and sensor systems to our customers."
Teledyne is a provider of instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. FLIR focuses on intelligent sensing for defense and industrial applications.
Teledyne electro-optical products are used in the Boeing Space Launch System for NASA. FLIR and Teledyne provide components for the Lockheed Martin F-35 joint strike fighter.
Related: NASA taps Teledyne for space-qualified electro-optical sensor for WFIRST space telescope
John Keller, chief editor
Military & Aerospace Electronics