Street Calls of the Week
WASHINGTON - Teledyne FLIR Defense, a division of Teledyne Technologies Incorporated (NYSE:TDY), a $25.8 billion market cap company trading near its 52-week high, opened a new office in Arlington, Virginia’s Crystal City area on Wednesday, establishing a presence minutes away from the Pentagon.
The facility, named the "Crystal City Experience Center," is located at 1550 Crystal Drive, two metro stops from the Pentagon and in proximity to other defense contractors, Capitol Hill, and Reagan National Airport.
According to a company press release, the new space features multiple offices and a large conference and demonstration room with an open floor plan designed to allow customers, government officials, and visitors to interact with FLIR Defense products, including unmanned platforms, detection systems, and imaging sensors.
Dr. JihFen Lei, president of Teledyne FLIR Defense, said the location will enable the company to demonstrate its technologies to U.S. military customers.
Teledyne FLIR Defense develops thermal imaging technology and builds surveillance sensors for military, security, and public safety applications. The company also manufactures unmanned air and ground platforms and sensing devices that detect chemicals, biological agents, radiation, and explosives.
Teledyne Technologies, the parent company, provides digital imaging products, software, instrumentation, aerospace and defense electronics, and engineered systems, with operations primarily in the United States, United Kingdom, Canada, and parts of Europe. The company’s detailed financial analysis, including 8 additional ProTips and comprehensive valuation metrics, is available through InvestingPro’s exclusive research report.
In other recent news, Teledyne Technologies reported its second-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an earnings per share of $5.20, compared to the forecasted $5.05, and reported revenue of $1.51 billion, exceeding the anticipated $1.48 billion. This represents a 10.2% increase in Q2 sales, outperforming the expected 7% growth, potentially aided by global trade policies. Following these strong results, Needham raised its price target for Teledyne to $585 from $550, maintaining a Buy rating. These developments highlight Teledyne’s robust financial performance and its ability to exceed market expectations. Despite the impressive earnings, Teledyne’s stock saw a decline in pre-market trading. The company’s performance and subsequent analyst actions underscore its potential in the current market environment.
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