Teledyne to Participate at the TD Cowen Aerospace & Defense Conference
February 12 2024 - 1:19PM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY) today announced
that George Bobb, President and Chief Operating Officer, and Jason
VanWees, Vice Chairman, will participate at the TD Cowen 45th
Annual Aerospace & Defense Conference on Tuesday, February
13.
Teledyne’s latest investor presentation is publicly available on
the Company’s website at
www.teledyne.com/investors/events-and-presentations.
Teledyne Technologies is a leading provider of sophisticated
digital imaging products and software, instrumentation, aerospace
and defense electronics, and engineered systems. Teledyne’s
operations are primarily located in the United States, Canada, the
United Kingdom, and Western and Northern Europe. For more
information, visit Teledyne’s website at www.teledyne.com.
Forward-Looking Information Cautionary Notice
Teledyne’s investor presentation contains forward-looking
statements, as defined in the Private Securities Litigation Reform
Act of 1995, with respect to management’s beliefs about the
financial condition, results of operations and businesses of
Teledyne in the future.
Forward-looking statements involve risks and uncertainties, are
based on the current expectations of the management of Teledyne and
are subject to uncertainty and changes in circumstances. The
forward-looking statements contained herein may include statements
relating to stock option compensation expense, and about the
expected effects on Teledyne of the acquisition of FLIR and
synergies related to the transaction, anticipated capital
expenditures and product developments, and other strategic options.
Forward-looking statements generally are accompanied by words such
as “projects”, “intends”, “expects”, “anticipates”, “targets”,
“estimates”, “will” and words of similar import that convey the
uncertainty of future events or outcomes. All statements made in
this communication that are not historical in nature should be
considered forward-looking. By its nature, forward-looking
information is not a guarantee of future performance or results and
involves risks and uncertainties because it relates to events and
depends on circumstances that will occur in the future.
Actual results could differ materially from these
forward-looking statements. Many factors could change anticipated
results, including: changes in relevant tax and other laws; foreign
currency exchange risks; rising interest rates; risks associated
with indebtedness, as well as our ability to reduce indebtedness
and the timing thereof; the impact of semiconductor and other
supply chain shortages; higher inflation, including wage
competition and higher shipping costs; labor shortages and
competition for skilled personnel; the inability to develop and
market new competitive products; inherent uncertainties involved in
the estimates and judgments used in the preparation of financial
statements and the providing of estimates of financial measures, in
accordance with U.S. GAAP and related standards; disruptions in the
global economy; the ongoing conflict in Israel and neighboring
regions, including related protests and the disruption to global
shipping routes; the ongoing conflict between Russia and Ukraine,
including the impact to energy prices and availability, especially
in Europe; customer and supplier bankruptcies; changes in demand
for products sold to the defense electronics, instrumentation,
digital imaging, energy exploration and production, commercial
aviation, semiconductor and communications markets; funding,
continuation and award of government programs; cuts to defense
spending resulting from existing and future deficit reduction
measures or changes to U.S. and foreign government spending and
budget priorities triggered by inflation, rising interest costs,
and economic conditions; impacts from the United Kingdom’s exit
from the European Union; uncertainties related to the 2024 U.S.
Presidential election; the imposition and expansion of, and
responses to, trade sanctions and tariffs; the continuing review
and resolution of FLIR’s trade compliance and tax matters;
escalating economic and diplomatic tension between China and the
United States; threats to the security of our confidential and
proprietary information, including cybersecurity threats; risks
related to artificial intelligence; natural and man-made disasters,
including those related to or intensified by climate change; and
our ability to achieve emission reduction targets and decrease our
carbon footprint. Lower oil and natural gas prices, as well as
instability in the Middle East or other oil producing regions, and
new regulations or restrictions relating to energy production,
including those implemented in response to climate change, could
further negatively affect our businesses that supply the oil and
gas industry. Weakness in the commercial aerospace industry
negatively affects the markets of our commercial aviation
businesses. Ongoing issues with Boeing’s 737 MAX product line could
result in manufacturing delays and lower sales of our products to
Boeing. In addition, financial market fluctuations affect the value
of the company’s pension assets. Changes in the policies of U.S.
and foreign governments, including economic sanctions, could
result, over time, in reductions or realignment in defense or other
government spending and further changes in programs in which the
company participates.
While the company’s growth strategy includes possible
acquisitions, we cannot provide any assurance as to when, if or on
what terms any acquisitions will be made. Acquisitions involve
various inherent risks, such as, among others, our ability to
integrate acquired businesses, retain customers and achieve
identified financial and operating synergies. There are additional
risks associated with acquiring, owning and operating businesses
internationally, including those arising from U.S. and foreign
government policy changes or actions and exchange rate
fluctuations.
Additional factors that could cause results to differ materially
from those described above can be found in Teledyne’s Annual Report
on Form 10-K for the year ended January 1, 2023, as well as
subsequent Quarterly Reports on Form 10-Q and Current Reports on
Form 8-K, all of which are on file with the SEC and available in
the “Investors” section of Teledyne’s website, teledyne.com, under
the heading “Investor Information” and in other documents Teledyne
files with the SEC.
The Company assumes no duty to publicly update or revise any
forward-looking statements, whether as a result of new information
or otherwise.
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Jason VanWees (805) 373-4542
Teledyne Technologies (NYSE:TDY)
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