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Friday, Mar 29, 2024

Teledyne Makes Hydrographic Survey Instrument Acquisition

A subsidiary of Teledyne Technologies Inc. has acquired a Louisiana company that designs and manufacturers hydrographic survey instruments. Terms of the deal between Teledyne RD Instruments Inc. and Odom Hydrographic Systems Inc. were not disclosed. Odom makes instruments used in port survey, dredging, offshore energy and other applications. The company has sales of $10.9 million for its fiscal year ending Sept. 30. Teledyne RD Instruments is a subsidiary of Thousand Oaks-based Teledyne Technologies. Odom will operate under the name Teledyne Odom Hydrographic Systems Inc.

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