Teledyne Builds Momentum With Unmanned-Systems Contract Wins in US, Europe -- Market Talk

Dow Jones01-22 01:55

1255 ET - Teledyne Technologies' unmanned business is a growing, which Executive Chairman Robert Mehrabian says will continue in 2026. On an analyst call, Mehrabian says 2025 unmanned combined revenue was about $500 million, and he expects this to grow by about 10% in 2026. Mehrabian also points to rising demand across the portfolio, noting the company now offers "about 10-12 underwater autonomous vehicles" and is winning new contracts in both the U.S. and Europe, particularly for harbor security. He also notes recurring Navy SEAL contracts for manned vehicles and increased use of gliders for environmental sensing ahead of naval operations. Teledyne surges 8.2%. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

January 21, 2026 12:55 ET (17:55 GMT)

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