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Teledyne’s Defense Wins Highlight Role In Specialized Tech And Valuation
Teledyne Technologies (NYSE:TDY) recently secured a $17.5 million contract for its Black Hornet 4 Personal Reconnaissance Systems and presented autonomous underwater anti-submarine warfare technology to NATO, showcasing its significant role in specialized defense technologies. These developments position Teledyne in segments with increasing government allocation, making the scale of future orders and NATO adoption key factors for investors to monitor. While the company’s stock is trading close to its fair value, recent insider selling is noted as a minor risk.