Teledyne’s strategy is to grow through continued focus on sectors, namely instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. Teledyne also intends to strengthen and expand its core business through targeted acquisition and product development. The aerospace and defense segment deals in data acquisition systems providing sophisticated electronic components & subsystems and communications products, including defense electronics, harsh environment interconnects, and data acquisition and communications equipment. Continuous investments in R&D to develop new products are expected to play a significant role in the company’s growth in the future.