Tickerthe anti-fintwit
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@TDY solid

Let me start with the Black Hornet franchise: about $500 million cumulative revenue expected over the period, orders in the U.S., Europe, and the Middle East. Management said we'll remain with the $500 million for now, noting some pockets are growing faster than 10%. Rogue 1 is in full-rate production, first contracts expected to increase substantially with time. Unmanned subsea grew more than 20% in the first quarter with European orders. Counter-drone booked tens of millions in infrared cameras and subsystems early in the year. The larger defense orders are yet to come, and timing is lumpy.

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TDY / The unmanned franchise - air, ground, and sea