Teledyne to acquire TransponderTech business from Saab for maritime, military, and airborne applications.

Teledyne Technologies has agreed to acquire the TransponderTech business from Saab AB. TransponderTech provides SOLAS-certified communication and navigation solutions for maritime, military, and airborne applications. The acquisition will expand Teledyne's product portfolio and strengthen its position in the maritime and defense markets. The deal is expected to close in the second half of the year.

Teledyne Technologies Incorporated (NYSE: TDY) has announced its intention to acquire the TransponderTech business from Saab AB. This strategic move aims to expand Teledyne's product portfolio and strengthen its position in the maritime and defense markets. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System (AIS), VHF Data Exchange System (VDES), and Global Navigation Satellite System (GNSS) technologies.

TransponderTech, based in Sweden, specializes in SOLAS (Safety of Life at Sea)-certified communication and navigation solutions for commercial maritime, military, and airborne applications. The company is renowned for its high-quality, accurate products that perform reliably in challenging conditions. These products include advanced solutions designed to counter GPS/GNSS jamming and spoofing threats in the maritime domain.

The acquisition of TransponderTech will become part of Teledyne FLIR’s Maritime group, which includes Raymarine, FLIR Marine, and ChartWorld. This integration will enhance the safety, efficiency, and operational reach of Teledyne's customers at sea.

"TransponderTech serves customers and markets familiar to Teledyne and designs and manufactures products that are complementary to existing Teledyne products," said Grégoire Outters, Vice President and General Manager of Teledyne FLIR Maritime and Raymarine. "Today, Teledyne primarily participates in maritime navigation and safety by offering products such as electronic chart displays (ECDIS), radars, and thermal imaging systems. Adding TransponderTech’s business, employees, and advanced AIS, VDES, and GNSS technologies to Teledyne should enhance the safety, efficiency, and operational reach of our customers at sea."

The acquisition of TransponderTech represents Teledyne’s twelfth corporate carve-out transaction and the third carve-out completed in 2025. The transaction is subject to customary closing conditions and is anticipated to be completed in the fourth quarter of 2025.

Teledyne is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. The company's operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne’s website at [www.teledyne.com](http://www.teledyne.com).

The acquisition of TransponderTech aligns with Teledyne's strategy to fill gaps in its high-growth portfolio and capitalize on the $49.49 billion projected maritime security market by 2032 (CAGR of 4.5%). The deal enhances real-time tracking, anti-jamming capabilities, and VDES-enabled solutions to counter GPS spoofing and cyber threats.

The integration of TransponderTech's systems with Teledyne's existing brands creates a seamless suite of tools for electronic chart displays (ECDIS), thermal imaging, and radar. This synergy is a differentiator in a market where customers increasingly demand interoperability and holistic solutions.

The acquisition also positions Teledyne to lead the transition from legacy systems. VDES technology, a next-gen evolution of AIS, enables encrypted data exchange, expanded bandwidth, and integration with satellite networks, addressing the limitations of current AIS systems.

The acquisition of TransponderTech aligns with three macro trends reshaping the maritime sector: digitalization and cybersecurity, drone surveillance, and subsea infrastructure protection. These trends underscore the urgent need for resilient navigation systems and robust security solutions.

The deal is expected to be accretive, with the potential to unlock new revenue streams in defense contracts and commercial maritime software. For investors, the key catalysts are revenue diversification, margin expansion, and strategic partnerships.

The acquisition of TransponderTech is a strategic bet on the future of maritime security. By combining TransponderTech's cutting-edge navigation systems with its own digital imaging and defense expertise, Teledyne is positioning itself to meet the evolving needs of the maritime industry.

References:
[1] https://www.businesswire.com/news/home/20250828653719/en/Teledyne-to-Acquire-TransponderTech-from-Saab
[2] https://www.ainvest.com/news/teledyne-strategic-expansion-maritime-tech-transpondertech-acquisition-2508/