Defense tech · TDY
Teledyne (TDY) gets 25.5% of its revenue from the U.S. government
What Teledyne reports in its FY2025 10-K, and what federal contract records show.
Summary
Teledyne reported that 25.5% of its FY2025 revenue came from the U.S. government: about $1.56B by our calculation of $6.12B in total. That ranks 26th of the 30 companies we cover that disclose a share.
Federal agencies obligated $283M in prime contracts to the 8 recipient records we matched to Teledyne in federal fiscal year 2025, 74.2% of it from the Department of Defense. That is far below the revenue the company reports, so the comparison is withheld while we review the match.
Share of revenue over time
We have one reviewed year of Teledyne's share so far. Earlier years are being checked against each 10-K and will be added after review.
| Fiscal year | U.S. gov share | U.S. gov revenue | Total revenue | Source |
|---|---|---|---|---|
| FY2025 | 25.5% | $1.56B | $6.12B | 10-K |
What Teledyne counts as government revenue
- Definition used
- U.S. government sales, % of net sales
- Foreign military sales
- The filing does not say
- Subcontract work
- Not stated
- Adjusted ex-FMS share
- Not available: the figure includes FMS but the company does not disclose the amount
“Total U.S. Government sales as a percent of total net sales | 25.5% | 24.3% | 24.5%”
Teledyne, FY2025 Form 10-K · read the filing
New coverage: latest 10-K, picked by Claude Code; needs editor approval.
The contract record
Prime contract obligations on USAspending.gov for the 8 recipient records we matched to Teledyne (obligations are not revenue).
In FFY2025, 74.2% of these obligations came from the Department of Defense and 25.8% from civilian agencies.
Contract obligations by awarding agency, FFY2025
Top 7 awarding sub-agencies; the rest grouped as Other.
| Awarding agency | Obligations | Share |
|---|---|---|
| Department of the Army | $155M | 54.6% |
| National Aeronautics and Space Administration | $72.2M | 25.4% |
| Department of the Navy | $44.5M | 15.7% |
| Department of the Air Force | $10.3M | 3.6% |
| Federal Aviation Administration | $884K | 0.3% |
| Defense Threat Reduction Agency | $699K | 0.2% |
| Defense Logistics Agency | $228K | 0.1% |
Obligations by federal fiscal year
| Federal fiscal year | Obligations | Note |
|---|---|---|
| FFY2026 | $432M | preliminary DoD data posts with a 90-day delay |
| FFY2025 | $283M | Matched to FY2025 |
| FFY2024 | $339M | |
| FFY2023 | $219M | |
| FFY2022 | $270M | |
| FFY2021 | $302M |
Largest contracts active in FFY2025
Ranked by total obligated value to date on each award (all years), among awards with activity in FFY2025. Links open the award on USAspending.gov.
| Award | Agency | Description | Obligated to date | Period |
|---|---|---|---|---|
| NNM13AA29CTeledyne Brown Engineering, Inc. | National Aeronautics and Space Administration | No description on file | $372M | 2013–2022 |
| 80MSFC22CA016Teledyne Brown Engineering, Inc. | National Aeronautics and Space Administration | MARSHALL OPERATIONS SYSTEMS, SERVICES, AND INTEGRATION II (MOSSI II) | $276M | 2022–2026 |
| N0002419C6402Teledyne Brown Engineering, Inc. | Department of the Navy | PRODUCTION OF FMS BOATS U1, U2, AND U3 | $256M | 2019–2029 |
| NNM14AA89DTeledyne Brown Engineering, Inc. | National Aeronautics and Space Administration | No description on file | $209M | 2014–2027 |
| W9113M24FD009Teledyne Brown Engineering, Inc. | Department of the Army | TACTICAL RANGE AIR DERENSE MISSILE (TACRAM) II | $106M | 2024–2028 |
| W911SR08C0075Teledyne Flir Defense, Llc | Defense Contract Management Agency | JOINT NUCLEAR BIOLOGICAL CHEMICAL RECONNAISSANCE SYSTEM INCREMENT 2 (JNBCRS 2) - CLIN 0001 | $106M | 2008–2015 |
| 0008Teledyne Brown Engineering, Inc. | Missile Defense Agency | No description on file | $99.6M | 2015–2019 |
| W9113M18FD007Teledyne Brown Engineering, Inc. | Department of the Army | TACTICAL RANGE AIR DEFENSE MISSILE (TACRAM) PROVIDES MISSILE DEFENSE TARGETS PRE AND POST TEST ANALYSIS MISSILE DEFENSE TARGET DESIGN… | $57.3M | 2018–2025 |
| W911SR25C0012Teledyne Flir Defense, Llc | Department of the Army | NUCLEAR BIOLOGICAL CHEMICAL RECONNAISSANCE VEHICLE (NBCRV) SENSOR SUITE UPGRADE (SSU) CAPABILITY SET 2.2 (CS2.2) | $53.7M | 2025–2029 |
| 0003Teledyne Brown Engineering, Inc. | Department of the Army | FMS - BASE PERIOD | $38.4M | 2018–2024 |
Recipients we matched to Teledyne
These USAspending recipient records are rolled into the figures above. Readers can check each one; if a match looks wrong, tell us.
| Recipient name | UEI | How matched | FFY2025 obligations |
|---|---|---|---|
| TELEDYNE BROWN ENGINEERING, INC. | FBRSJB6V4LW8 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | $161M |
| TELEDYNE FLIR UNMANNED GROUND SYSTEMS, INC | RR8KCXLJLT15 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | — |
| TELEDYNE FLIR DEFENSE, INC. | G7WGK6L5ES76 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | — |
| TELEDYNE FLIR DEFENSE, LLC | R94BXDU1Y8X4 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | — |
| TELEDYNE FLIR DEFENSE, LLC | VEM6L3BCUJ51 | USAspending parentTELEDYNE FLIR DEFENSE, LLC | $63.1M |
| TELEDYNE FLIR DEFENSE, INC. | YLHLLLEUTKC1 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | $58.6M |
| TELEDYNE SCIENTIFIC & IMAGING, LLC | WQKMXY9FRUC5 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | — |
| TELEDYNE INSTRUMENTS INC | PAH8M4BJACA5 | USAspending parentTELEDYNE TECHNOLOGIES INCORPORATED | — |
Peers
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Sources
- Teledyne, FY2025 annual report (U.S. government share) (accessed October 16, 2026)
- SEC XBRL company facts for Teledyne (revenue history) (accessed October 16, 2026)
- USAspending.gov recipient profile: Teledyne Brown Engineering, Inc. (accessed October 16, 2026)
- USAspending.gov API, prime contract awards (award types A–D) (accessed October 16, 2026)
- Federal Exposure methodology