Update: Teledyne Shares Rise After Unit Wins $48 Million Contract for Bulgaria Stryker Upgrades

02:48 PM EDT, 10/26/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.) Teledyne Technologies (TDY) shares rose more than 3% in Monday trading after the company said its subsidiary Teledyne FLIR Defense has won a $48 million contract from the US Army to deliver Nuclear, Biological and Chemical Reconnaissance Vehicle sensor suite upgrades to Bulgaria for its new fleet of Stryker vehicles. The contract was awarded as part of an agreement to support Bulgaria's military modernization, which includes the purchase of almost 200 US-made Stryker armored vehicles. Teledyne is set to outfit 10 of those vehicles with the sensor suite upgrades, according to a statement. Work under the contract is expected to continue through 2028 across multiple Teledyne FLIR facilities in the US, the company said. Price: 645.65, Change: +20.24, Percent Change: +3.24