Teledyne Technologies Unit Signs $15.4 Million European Drone Contract
MT newswire2026/09/10 08:27Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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04:27 AM EDT, 09/10/2026 (MT Newswires) -- Teledyne Technologies (TDY) unit Teledyne Energetics UK signed a $15.4 million contract with a European defense technology firm to supply energetics products for unmanned drone systems, the company said Thursday. The initial award paves the way for a supply relationship with a potential value exceeding $50 million. Deliveries under the program will start immediately to support ongoing development activity, Teledyne said.
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