Teledyne wins $383 million Shallow Water Combat Submersible contract

THOUSAND OAKS, Calif., 12 July 2011. Teledyne Technologies Inc.’s (NYSE:TDY) subsidiary, Teledyne Brown Engineering Inc. in Huntsville, Ala., won a $383 million contract from the United States Special Operations Command (USSOCOM) to design, develop, test, manufacture, and sustain the Shallow Water Combat Submersible (SWCS) replacement system for the current SEAL Delivery Vehicle. The SWCS manned combat submersible vehicle is designed to insert and extract Special Operation Forces (SOF) in high-threat areas.

Jul 12th, 2011

Posted by Courtney E. Howard

THOUSAND OAKS, Calif., 12 July 2011. Teledyne Technologies Inc.’s (NYSE:TDY) subsidiary, Teledyne Brown Engineering Inc. in Huntsville, Ala., won a $383 million contract from the United States Special Operations Command (USSOCOM) to design, develop, test, manufacture, and sustain the Shallow Water Combat Submersible (SWCS) replacement system for the current SEAL Delivery Vehicle. The SWCS manned combat submersible vehicle is designed to insert and extract Special Operation Forces (SOF) in high-threat areas.

“We are very pleased to support our Special Operations Forces in this critical program,” says Robert Mehrabian, chairman, president, and chief executive officer of Teledyne Technologies. “Winning this program validates our continuing strategy of integrating advanced technologies into complex systems for our customers in the marine defense, ocean science, and offshore energy markets.”

Teledyne Brown developed a full-scale interior mockup of the SWCS vehicle, provided hullform models, and demonstrated the system’s functionality under a Phase One Critical Item Development (CID) contract awarded in October 2010.

Teledyne Brown was one of two companies awarded a USSOCOM CID contract. At the conclusion of the CID Phase, USSOCOM evaluated items delivered in the first phase as well as final proposals from both companies, then down-selected and awarded Teledyne Brown the option for the Engineering Development Model (EDM) Phase.

The EDM Phase which begins this month and continues through October 2013 is valued at $34 million.

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