Teledyne Awarded $79.6 Million Missile Defense Contract

June 18, 2018

Business Wire:

THOUSAND OAKS, Calif.–Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., has been awarded a $79.6 million Task Order by the U.S. Army Space and Missile Defense Command / U.S. Army Forces Strategic Command to design and build affordable, flexible target missiles used for test and evaluation. The Tactical Range Air Defense Missile (TACRAM) effort is planned to begin immediately and could extend through April 2025.

Under this contract, Teledyne Brown Engineering will develop realistic-threat ballistic target missiles, known as “Zombie” targets, for use in testing advance missile defense systems.

“A great deal of our company’s legacy is built upon leading and supporting missile defense programs, including target and countermeasures development, and the test and evaluation of complex systems,” said Jan Hess, President of Teledyne Brown Engineering. “Given current and emerging threats to global security, we are proud to provide these systems that will help support the defense of our nation and our allies.”

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