Teledyne Awarded Army Contract for Third Generation Infrared Imaging Sensors
LOS ANGELES - November 9, 2006 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that Teledyne Imaging Sensors has been awarded a $3.8 million contract by Alion Science and Technology on behalf of the U.S. Army's Night Vision and Electronic Sensors Directorate to deliver prototypes of third generation dual-band infrared imaging sensors. The imagers are being developed to support the Army's goal of providing warfighters with the ability to identify threats on the battlefield before the enemy can detect their presence.
"Dual-band cameras provide simultaneous operation in both the long and medium wavelength infrared bands, allowing the Army to detect targets at long range through smoke and dust and then identify them," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies Incorporated. "The large format focal plane arrays employed in the dual-band imagers are based on Mercury Cadmium Telluride detector material, which can be optimized for specific wavelengths of light."
Teledyne Imaging Sensors, based in Camarillo, Calif., specializes in detectors and camera subsystems for infrared and visible imaging, for markets including ground/air military, deep space, and planetary science, weather satellites, unmanned air vehicles, space surveillance and earth remote sensing. Teledyne Imaging Sensors was formerly a division of Rockwell Scientific Company which Teledyne acquired in September 2006.
Teledyne Technologies is a leading provider of sophisticated electronics components, instruments and communication products, systems engineering solutions, and aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom, Canada and Mexico. For more information, visit Teledyne Technologies' website at www.teledyne.com
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, with respect to a government contract. Actual results could differ materially from these forward-looking statements. Many factors, including changes in government spending could change anticipated results. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies' periodic filings with the Securities and Exchange Commission, including its 2005 Annual Report on Form 10-K and Forms 10-Q. Teledyne assumes no duty to update forward-looking statements.
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