U.S. defense firm Teledyne raises 2023 profit target, beats Q3 earnings view

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SaltWire's Atlantic regional weather forecast for October 25, 2023 | SaltWire - U.S. defense contractor Teledyne Technologies on Wednesday raised its full-year profit forecast after reporting better-than-expected quarterly earnings on strong performance in its business that makes monitoring and control equipment.

The Pentagon has awarded lucrative contracts to refill its depleted weapons stockpile after shipping aid to Ukraine, adding to sales at U.S. defense contractors.

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