Teledyne Technologies Inc. (TDY), on Friday announced that its unit Teledyne FLIR Defense said it received a $42.5 million contract from the U.S. Marine Corps Systems Command for Delivery Order 3 under the Organic Precision Fires-Light or OPF-L program.
The award covers more than 600 Rogue 1 loitering-munition systems, plus ground control stations and training kits, with fielding to begin this summer.
The OPF-L program equips rifle squads and platoons with a portable, beyond-line-of-sight precision-strike capability.
Rogue 1 has demonstrated effectiveness against moving and stationary armor, soft-skinned vehicles and dismounted targets.
The platform supports modular payloads, features reusable mission capability through an advanced fuzing system, and provides day/night surveillance via electro-optical sensors and FLIR Boson 640+ thermal cameras.
President and CEO George Bobb said that the company said the award marks its first production-rate contract in the loitering-munitions market following initial testing in 2024.
In the pre-market trading, Teledyne is 0.64% higher at $521.61 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.