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Wednesday, Apr 24, 2024
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Teledyne Gets Record Order from Kuwaiti Government

Teledyne ISCO, a subsidiary of Teledyne Technologies Inc. in Thousand Oaks, has established a new contract with the Kuwait Ministry of Public Works that will see the company’s flow monitoring solutions integrated into the country’s wastewater reclamation system. “The Kuwait (Ministry of Public Works) did an extensive evaluation of commercial solutions available and we are delighted that ISCO was selected,” Vicki Benne, vice president and general manager of Teledyne ISCO, said in a statement. The order is the largest in the division’s history, Teledyne said on Wednesday. The system will include around 280 units of Teledyne’s flow meters, which transmit information about water levels to monitors using LTE/3G modems placed at the site, along with 250 of the company’s proprietary water velocity sensors. Teledyne stock (TDY) fell $2.41, or about 1.3 percent, on Wednesday to close at $183.59 on the New York Stock Exchange.

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