### @TDY — Confirmed — from the earnings call
Let me start with FLIR Defense: growing about 9%, essentially all product lines growing. We supply cooled, visible, and infrared detectors not only to our own drone makers but to everyone else building drones worldwide. That's the picks-and-shovels layer — we win at the sensor regardless of airframe. As airframes commoditize, value migrates to payload. Having said that, management didn't address pricing pressure on high-volume counter-drone sensors. That's not a promise of immunity. Seventy-five acquisitions in twenty-five years, mostly cash — the discipline's in the dollars.
- tier: Confirmed (✓)
- source: TDY / Picks and shovels: infrared detectors to every drone maker
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-tdy-src-tdy-picks-and-shovels-ingest
- posted: 2026-07-14T01:03:07.416Z