Teledyne's Defense Demand Drives Profit Expectations Higher

Defense contractor Teledyne Technologies surges as global tensions fuel demand for military tech, forecasting higher profits thanks to strong sales of defense electronics and military drones. Despite a potential short-term setback from the US government shutdown, Teledyne confidently raises its annual profit outlook, signaling continued growth in a booming defense market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.