News Releases

Teledyne Awarded $30.1 Million Contract for Aircrew Laser Eye Protection

THOUSAND OAKS, Calif. – July 22, 2016 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC (TS&I), was awarded a $30.1 million contract by the United States Air Force to fabricate, test and deliver Aircrew Laser Eye Protection (ALEP) Block 2 spectacles. The initial value of the contract is $6.4 million and $30.1 million including options. Deliveries will commence in the fourth quarter of 2016 and are expected to be complete by December 2020.

“For over 15 years, Teledyne has designed and developed specialized eyewear to protect aircrews from loss of vision caused by a variety of laser devices,” said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne. “We are very pleased to continue supplying the nation’s warfighters with this important technology.”

About Teledyne Scientific & Imaging
Teledyne Scientific & Imaging is a high-technology enterprise with world-class research and development capabilities in imaging sensors, materials technology, electronics, and information science. TS&I performs research services for the U.S. Government and private sector companies, and manufactures and sells high value products that result from its research and development efforts. For more information on TS&I, visit our website at www.teledyne-si.com.

About Teledyne Technologies
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 defense spending resulting from future deficit reduction measures. Various risks, including risks associated with government contracts, are identified in Teledyne’s 2015 Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.

Contact: Jason VanWees (805) 373-4542

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Teledyne Team Demonstrates Highly Accurate Guided Munitions under DARPA’s EXACTO Program

THOUSAND OAKS, Calif. – May 15, 2015 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, recently completed a demonstration of a highly accurate precision-guided munition capability in
live fire testing of .50 caliber bullets under the Defense Advanced Research Projects Agency (DARPA) EXtreme ACcuracy Tasked Ordnance (EXACTO) program. The objective of the EXACTO program is to develop and demonstrate a highly accurate small-caliber weapon system capable of addressing moving targets at extreme ranges and in high winds.

“Teledyne’s talented and dedicated team of scientists and engineers achieved DARPA’s technical goal of extreme accuracy in a bullet that can be fired from a standard soldier-carried .50-caliber rifle. True to DARPA’s mission, EXACTO has demonstrated what was once thought impossible: the continuous guidance of a small-caliber bullet to target,” said Jerome Dunn, DARPA program manager, in a statement. “This live-fire demonstration from a standard rifle showed that EXACTO is able to hit moving and evading targets with extreme accuracy at sniper ranges unachievable with traditional rounds. Fitting EXACTO’s guidance capabilities into a small .50-caliber size is a major breakthrough and opens the door to what could be possible in future guided projectiles across all calibers.”

“We are proud to have further demonstrated our capabilities on the EXACTO program, advancing the state of the art in precision-guided munitions and empowering our military personnel,” said Robert Mehrabian, Chairman, President, and Chief Executive Officer of Teledyne.

Teledyne’s team for the EXACTO program includes Orbital ATK, the Charles Stark Draper Laboratory and Cubic Defense Applications. Teledyne Technologies Incorporated 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 or Teledyne Scientific & Imaging’s website at www.teledyne-si.com.

Contact: Jason VanWees (805) 373-4542

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Teledyne Announces the 2014 Recognition Award Recipients

THOUSAND OAKS, Calif. – May 6, 2015 – Teledyne Scientific & Imaging is pleased to announce the recipients of the 2014 Recognition Awards.

Technologist of the Year – Robert Mihailovich
Rob’s citation reads: “For sustained technical excellence and program leadership in the development of advanced MEMS technologies.”

Team of the Year – Extreme Accuracy Tasked Ordnance (EXACTO) Team
The citation for the EXACTO team reads: “For developing and successfully demonstrating the first continuously guided small caliber “self-steering bullet” for the DARPA EXACTO program.”

Operations Excellence – Gabriela Martinez
Gaby’s citation reads: “For extraordinary financial support and sage advice to management, delivered with an outstanding attitude and an extremely high level of commitment.”

Partner of the Year – North Carolina State University (NCSU) – Department of Mechanical and Aerospace Engineering
The citation for the NCSU team reads:“For outstanding support in developing ground breaking UAV/UUV technology in support of Teledyne Scientific Company’s DARPA AngelFish program.”

Congratulations to all the honorees!

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DARPA Announcement – April 27, 2015
EXACTO Guided Bullet Demonstrates Repeatable Performance Against Moving Targets
Teledyne Judson Technologies Completes Expansion of PbS and PbSe Fabrication Facility

MONTGOMERYVILLE, P.A. –  February 6, 2015 – Building upon 45 years of excellence in infrared detector performance and reliability, Teledyne Judson Technologies (Judson), a subsidiary of Teledyne Technologies Incorporated (NYSE:TDY),  is proud to announce the
completion of a major expansion of its PbS (lead sulfide) and PbSe (lead selenide) facilities. PbS and PbSe are often referred together as ‘lead salt’ materials. The new clean room facility dedicated to lead salt material growth, wafer fabrication, assembly, and test increases Judson’s capacity and quality of lead salt product offerings. The facilities, fabrication processes, and technical personnel have been qualified, and are now addressing the increased market demand for lead salt infrared sensors.

The lead salt detectors produced by Judson’s facility provide state-of-the-art performance and reliability. Lead salt detectors are offered in a variety of sizes and packaging, including flat plate cells format, TO-style packages, and with thermoelectric coolers to provide low temperature operation for increased sensitivity. Sensor solutions including discrete filters, multi-filter arrays, and integrated lenses are also available.

Lead salt detectors economically achieve high sensitivity performance in rugged and compact packages for applications such as nondispersive infrared sensor spectroscopy, optical pyrometry, flame spectroscopy, moisture analysis, environmental gas analysis, medical gas analysis, and grain / feed inspection. Due to their high performance at room temperature and compact size, lead salt detectors also provide excellent value for mobile applications, smart home equipment, and the Internet of Things. For more information on how PbS and PbSe detectors can be used in your application, please contact Judson at information@teledynejudson.com or call us at (215) 368-6900.
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Teledyne Achieves Success in Live Fire Testing of Guided Munitions Under DARPA’s EXACTO Program

THOUSAND OAKS, Calif. – September 3, 2014 – Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Scientific & Imaging, LLC, recently demonstrated the first-ever precision guided munition capability in live fire testing of
guided .50 caliber bullets under the Defense Advanced Research Projects Agency (DARPA) Tactical Technology Office’s EXtreme ACcuracy Tasked Ordnance (EXACTO) program. The objective of the EXACTO program is to develop and demonstrate a highly accurate small caliber weapon system capable of addressing moving targets at extreme ranges and in high winds.

“We are pleased to have successfully demonstrated such an advanced capability designed to further empower our military personnel,” said Robert Mehrabian, Chairman, President, and Chief Executive Officer of Teledyne.

Teledyne’s team for the EXACTO program includes Alliant Techsystems, Cubic Defense Applications, the Charles Stark Draper Laboratory, and Teledyne Brown Engineering, Inc.

Teledyne Technologies Incorporated 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 or Teledyne Scientific & Imaging’s website at www.teledyne-si.com.

Contact: Jason VanWees (805) 373-4542

Approved for Public Release, Distribution Unlimited
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Teledyne Wins $8.4M IARPA Knowledge Representation in Neural Systems Research Project

DURHAM, N.C. – July 7, 2014 – Computational Neuroscientists at Teledyne Scientific Company in Durham, N.C., in collaboration with researchers at Medical College of Wisconsin, University of Rochester, University of Texas at Austin, and McGill University, have
embarked on a 38 month, $8.4 million research project to develop and test a novel theory to explain how conceptual knowledge is represented in the human brain. Funded by the Intelligence Advanced Research Projects Agency (IARPA), the Knowledge Representation in Neural Systems (KRNS) program seeks to test these theories by demonstrating the ability to predict and interpret patterns of neural activity measured non-invasively.

Through the use of non-invasive methods such as functional magnetic resonance imaging (fMRI) and magnetoencephalography (MEG), Teledyne and its partners will explore how the human brain represents diverse types of conceptual knowledge. This work has potential applicability to the understanding of learning, memory, language, and the modeling of complex cognition. Ultimately, such insights could lead to the development of new Teledyne products that can efficiently process and analyze large volumes of complex and diverse sensor data.

Supported by the Intelligence Advanced Research Projects Activity (IARPA) via the Air Force Research Laboratory. The U.S. Government is authorized to reproduce and distribute reprints for Governmental purposes notwithstanding any copyright annotation thereon. Disclaimer: The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of IARPA, AFRL, or the U.S. Government. For more information, visit IARPA’s website at www.iarpa.gov.

Teledyne Technologies Incorporated 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. For more information on Teledyne Scientific & Imaging visit our website at www.teledyne-si.com.
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Media Contact:
Juli Hotchkiss
juli.hotchkiss@teledyne.com
(805) 373-4615

TeledyneTechnologies Inc.