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News

Teledyne Brown Wins Key Subcontract for Production of Trainer in Support of Patriot Advanced Capability - 3 (PAC-3) Program
Manufacturing Capability Delivers Savings on Missile Round Trainer (MRT) Production

HUNTSVILLE, Alabama (August 1, 2003) - Teledyne Brown Engineering, Inc. (TBE) announced today that it has been awarded a $2.9 million subcontract from TFab, a Limited Liability Corporation (LLC) composed of Anchorage based Tyonek Fabrication, Inc. and SESI, Inc. of Maryland. The TFab /Teledyne Brown Team will provide the government with rapid response on the design, manufacture and delivery of 26 MRTs to be used in Army PAC-3 training and operational units for training purposes as well as significant cost savings.

Teledyne Brown's manufacturing plant will produce the MRTs after demonstrating an efficient and cost effective design of the MRT. The MRTs are designed to mirror the physical characteristics of the PAC-3 missile firing unit but will not contain actual missiles. The MRTs will be used during training to instruct soldiers on the set up and loading of the PAC-3 missile. Use of MRTs for training assists the Army with its goal to improve the efficiency and safety of the loading process.

"This contract showcases how Teledyne Brown, teamed with an outstanding small business, can deliver cost-effective products and services to our valued Army customer," said James M. Link, president, Teledyne Brown Engineering. "The work is unique and will utilize Teledyne Brown's full range of capabilities from design through development and fabrication. The contract also represents an outstanding opportunity to perform value engineering on an existing product for the Lower Tier (Patriot) Program Office as well as for the PEO Air, Space and Missile Defense.

Expected follow-on requirements could lead to a significant number of additional MRT units following the initial delivery.

About Teledyne Brown Engineering
Teledyne Brown Engineering, Inc., headquartered in Huntsville, Ala., is a full-service technology solutions company with core capabilities in technology development, systems engineering, design, prototype development, testing, manufacturing, logistics, and operations and maintenance. These capabilities are applied across a wide range of programs in aerospace, defense, information technology, and environmental engineering. More information about Teledyne Brown Engineering may be found at www.tbe.com.

About Teledyne Technologies Incorporated
Teledyne Brown Engineering is a wholly owned subsidiary of Teledyne Technologies Incorporated (NYSE: TDY), headquartered in Los Angeles, Calif. Teledyne Technologies is a leading provider of sophisticated electronics components, instruments and communications products, systems engineering solutions, aerospace engines and components, and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies' website at www.teledyne.com.

Investor Contact:
Jason VanWees
(310) 893-1642

Press Contact:
Robyn McGowan
(310) 893-1640




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