Financial PerformanceThe acquisition of FLIR in 2021 enhanced the company's position across industrial and defense applications, with margins materially higher and growth outperforming other parts of the company.
Growth OpportunitiesTDY's exposure to low earth orbit satellites represents a significant opportunity, particularly in the tracking layer, which has become one of the company's largest programs.
Market PositionTDY is well positioned in key markets like space and defense, offering growth and potential thematic re-rating as priorities align with national interests.