Teledyne Technologies
Incorporated announced today that its subsidiary, Teledyne
Brown Engineering, Inc., has been awarded a contract from NASA’s
Marshall Space Flight Center (MSFC). The contract has a base
performance period of five years, with an option for an additional
five years. The expected minimum contract value for the first
five-years is $15 million. The maximum contract value could be up to
$568 million over the full ten-year period, assuming appropriate
levels of funding and contract task orders.

Teledyne’s team based in Huntsville, Ala. will lead a team of
experienced contractors on work that will include microgravity
science, hardware and software development, integration, operation and
maintenance of science facilities and payloads on the International
Space Station. Teledyne will provide technical and engineering support
to microgravity science investigators, and will provide management and
administrative support to the Material Science and Applications
Department of the Marshall Center’s Science Directorate.

For over 40 years, Teledyne Brown Engineering has supported every
major NASA aerospace initiative, from the Apollo moon exploration,
through Space Shuttle scientific payloads, to the International Space
Station. Teledyne Technologies chairman, president, and chief
executive officer, Robert Mehrabian said, “We’re extremely proud of
the continued confidence shown in Teledyne by NASA. This award
continues our tradition of excellence in manned space flight systems
development and operations that has existed since the beginning of our
nation’s space exploration program. This program enables the continued
use of the engineering talents we have developed over the years to
support NASA in shaping the future of microgravity science.”

One of MSFC’s primary missions is to support NASA’s Human
Exploration and Development of Space, and the Office of Biological and
Physical Research enterprises, which work together to facilitate long-
term space exploration and experimentation. MSFC serves as NASA’s lead
center for the Materials Science and Biotechnology disciplines and
serves other customers and sponsors within the Agency.

Teledyne Brown Engineering will be supported on this key NASA
program by the following three Huntsville-based small business
partners: bd Systems, Madison Research Corporation, and Tec-Masters,

This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Actual results could differ materially as they depend on many factors,
including continuation of funding of a governmental program.

Teledyne Technologies is a leading provider of sophisticated
electronic components, instruments and communication 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