80.3 F
San Fernando
Wednesday, Apr 17, 2024

Teledyne Adds to Marine Offerings

Teledyne Technologies Inc. expanded its marine instrumentation operations with the acquisition of an English-based manufacturer of sensing and navigation systems. Thousand Oaks-based Teledyne subsidiary Teledyne Limited made the purchase of S G Brown Limited and its affiliate TSS International Limited for $57.7 million. TSS International makes equipment used by the offshore energy, oceanographic and military marine markets. Those products complement Teledyne’s acoustic navigation, imaging and communication products, said Teledyne President and CEO Robert Mehrabian. TSS reported revenues of $23.9 million for its fiscal year ending March 31.

Featured Articles

Related Articles