Teledyne Acquires Select Aerospace and Defense Electronics Businesses from Excelitas

February 3, 2025

Teledyne Technologies agreed to acquire select aerospace and defense electronics businesses from Excelitas Technologies for approximately $710 million in cash. The deal includes Excelitas’ Optical Systems (Qioptiq) business in Northern Wales, UK and its U.S.-based Advanced Electronic Systems (AES) business, which will be integrated into Teledyne’s Aerospace and Defense Electronics segment.

Buyers
Teledyne Technologies Incorporated
Targets
Excelitas Technologies Corp. (select aerospace and defense electronics businesses: Optical Systems/Qioptiq and Advanced Electronic Systems/AES)
Sellers
Excelitas Technologies Corp.
Location
United Kingdom
Transaction Type
Buyout

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