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Teledyne Acquires Aviation Support Business

Teledyne Technologies Inc. acquired the assets of a company that makes data loading equipment and software used by the commercial and military airline industries. The terms of the deal between Thousand Oaks-based Teledyne and Demo Systems LLC, in Moorpark, were not disclosed. Demo Systems’ data loading and software products complement Teleydne’s products for aircraft data acquisition, data transfer and flight information management, said Teledyne Chairman, President and CEO Robert Mehrabian. Demo Systems had sales of $7.3 million for its fiscal year ended December 31, 2007.

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