HUNTSVILLE, AL - December 3, 2013 - Teledyne Brown Engineering, Inc. announced today it was awarded a prime contract by the U.S. Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) on the Test Execution Services and Launch Augmentation (TESTLA) vehicle. Teledyne Brown is one of five companies selected for the indefinite delivery/indefinite quantity contract that has a potential value of $220 million over two years with two, six-month options. With the award of TESTLA, Teledyne Brown continues a 40-year legacy of excellence in providing USASMDC/ARSTRAT with innovative research, development, test and evaluation, and modeling and simulation of space and missile defense solutions.
"We look forward to expanding our long relationship with SMDC through this contract win," said Rex D. Geveden, President of Teledyne Brown Engineering and Executive Vice President of Teledyne Technologies Incorporated. "We are exceedingly pleased to continue the development, manufacturing, and integration of advanced technology solutions in support of the warfighter."
Teledyne's TESTLA team has the broad expertise to satisfy the complex task orders for designing, prototyping, developing, testing, and manufacturing space, missiledefense, high altitude, directed energy and other solutions to meet mission critical requirements of the Command.
About Teledyne Brown Engineering
Teledyne Brown Engineering, Inc. is a full-spectrum engineering and advanced manufacturing company with operations in the United States and the United Kingdom. The company provides engineering services, engineered systems and manufactured products to the space, defense and energy markets. Teledyne Brown provides full lifecycle development from concept definition to production and operations. The company has a rich heritage in developing complex systems for space, missile defense, energy and other challenging markets. Find out more about Teledyne Brown Engineering at https://www.tbe.com.
About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies' operations are primarily located in the United States, Canada, the United Kingdom and Western and Northern Europe. For more information, visit Teledyne Technologies' website at www.teledyne.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to a contract award. Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, including funding, continuation and award of government programs, as well as cuts to government spending resulting from future deficit reduction measures. Various risks, including risks associated with government contracts, are identified in Teledyne Technologies Incorporated's 2012 Annual Report on Form 10-K.