Teledyne Acquires Select Aerospace and Defense Electronics Businesses of Excelitas for $710M

February 3, 2025

Teledyne Technologies has agreed to acquire select aerospace and defense electronics businesses from Excelitas Technologies for approximately $710 million in cash, including the UK-based Optical Systems business (branded Qioptiq) and the U.S.-based Advanced Electronic Systems (AES) business. The businesses will be folded into Teledyne's Aerospace and Defense Electronics segment (operating under the name Teledyne Qioptiq for the optical business) to expand Teledyne's capabilities in optics, tactical night-vision, defense electronics and space applications.

Buyers
Teledyne Technologies Incorporated
Targets
Optical Systems (Qioptiq), Advanced Electronic Systems (AES)
Sellers
Excelitas Technologies Corp.
Location
Pennsylvania, United States
Transaction Type
Divestiture

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