From The Motley Fool · The Motley Fool Team · · 30s
Teledyne Backlog Growth Boosts Long-Term Value
Teledyne's $5.3B funded backlog and acquisition strategy drive long-term investor returns.
In brief
Teledyne's $5.3B funded backlog and acquisition strategy drive long-term investor returns. Teledyne's $5.3 billion funded backlog and disciplined acquisition strategy improve long-term investor returns. Originally reported by The Motley Fool.
Record Funded Backlog
Teledyne's funded backlog reached $5.3 billion across defense and commercial sensor markets.
“Orders surpassed sales for the 12th consecutive quarter, pushing funded backlog to $5.3 billion”
Defense Demand Accelerates
Infrared detectors for space and unmanned systems drove segment growth with high customer adoption.
“Demand for infrared detectors on space platforms and unmanned vehicles accelerated the segment's performance”
Acquisition Strategy Focus
Teledyne improved acquisition multiples from 16.7x to 13.7x EBITDA in four years through disciplined integration.
“We bought it at a multiple of 16.7x EBITDA. If you look at it today, in just 4 years, that is down to 13.7”
The big picture
Teledyne's $5.3 billion funded backlog and disciplined acquisition strategy improve long-term investor returns.
