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.