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As a key point in TEREM - HOLDING development Kalin Dimitrov defined the partnership with General Dynamics Land Systems - CANADA regarding the modernisation of the Bulgarian Land Forces and the acquisition of Stryker combat vehicles. This project also marked a historic moment for the subsidiary TEREM – Ivaylo EOOD, which would become a Regional Center for the Assembly, Maintenance and Repair of Armored Vehicles. Due to the prominent support of the Ministry of Defence, the company would also build a Center for Diagnostics and Repair of L3 Harris CIS Equipment which would allow a large part of these repairs to be executed on the territory of the Republic of Bulgaria.

BOSTON, Mass., January 15, 2026 ― Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that it has been awarded a contract by the U.S. Army worth up to $32 million to deliver and integrate advanced electro-optical (EO/IR) systems for the Stryker Infantry Carrier Vehicle (ICV) Recon Kit.

The contract was awarded by the U.S. Army Contracting Command at Aberdeen Proving Ground, Md., as part of a Foreign Military Sales agreement to support Bulgaria’s military modernization. Bulgaria is acquiring nearly 200 U.S.-made Stryker armored vehicles to replace its Soviet-era tactical vehicle fleet and enhance interoperability with NATO forces.

Teledyne FLIR Defense will provide long range thermal imaging sights and radars for Intelligence, Surveillance, Reconnaissance and Targeting (ISR-T), adding advanced capability in all-weather conditions, day or night, to Bulgaria’s Strykers. Products featured in the effort include the TacFLIR® 280 HDEP EO/IR imaging system, Ranger® R20SS long-range radar, and Cameleon™ control software for tracking and targeting threats.

Later phases of the vehicle modernization program will include FLIR Defense unmanned aircraft and launch systems, combined with Teledyne’s nuclear, biological and chemical detection sensors, to provide standoff identification of these deadly threats to Bulgarian Land Forces.

The contract has a three-year performance period. The Stryker ICV Recon Kits will be manufactured across multiple Teledyne FLIR facilities in the United States and Canada, and then integrated on-site after the vehicles are delivered to Bulgaria.