Teledyne FLIR Defense Wins $15 Million Contract for Black Hornet 4 Nano-Drones
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Teledyne FLIR Defense, a division of Teledyne Technologies, has secured a $15 million contract to supply Black Hornet 4 Nano-Drones to the German Army. This two-year agreement includes systems, parts, and training.
February 26, 2025 | 7:15 am
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Teledyne Technologies has won a $15 million contract to supply Black Hornet 4 Nano-Drones to the German Army, enhancing its defense portfolio and revenue stream.
The $15 million contract with the German Army is a significant addition to Teledyne's defense portfolio, likely boosting its revenue and market position in the defense sector. The contract's value and the strategic partnership with a major European military force are positive indicators for short-term stock performance.
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