Company: TDY
Filing Date: 2025-04-28
Form Type: 10-Q
Source: 0001094285-25-000105
Chunk: 59

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-04-28
Form: 10-Q
Item: Part I, Item 8
Chunk 59
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.6 %Engineered Systems90.2 82.5 9.3 %Total cost of sales$830.4 $770.2 7.8 %First Quarter%Selling, general and administrative:20252024ChangeDigital Imaging$122.7 $123.7 (0.8)%Instrumentation49.7 47.0 5.7 %Aerospace and Defense Electronics33.2 21.0 58.1 %Engineered Systems6.1 7.9 (22.8)%Total selling, general and administrative$211.7 $199.6 6.1 %First Quarter%Research and development:20252024ChangeDigital Imaging$44.1 $48.9 (9.8)%Instrumentation24.2 22.8 6.1 %Aerospace and Defense Electronics6.0 4.7 27.7 %Engineered Systems— 0.1 (100.0)%Total research and development$74.3 $76.5 (2.9)%First Quarter%Acquired intangible asset amortization:20252024ChangeDigital Imaging$45.4 $45.8 (0.9)%Instrumentation3.2 3.4 (5.9)%Aerospace and Defense Electronics3.4 0.2 *Total acquired intangible asset amortization$52.0 $49.4 5.3 %* Not meaningful

9

First Quarter%Operating income (loss):20252024ChangeDigital Imaging$122.3 $113.8 7.5 %Instrumentation92.7 86.0 7.8 %Aerospace and Defense Electronics55.7 51.9 7.3 %Engineered Systems10.8 2.7 300.0 %Corporate expense(22.2)(20.1)10.4 %Operating income (loss)$259.3 $234.3 10.7 %Product LinesThe Instrumentation segment includes three product lines: Marine Instrumentation, Environmental Instrumentation and Test and Measurement Instrumentation.  The Company’s other three segments each contain one product line.The following table provides a summary of the net sales by product line for the Instrumentation segment (in millions):First QuarterInstrumentation20252024Marine Instrumentation$161.8 $