Wednesday, August 31, 2011
Teledyne Gains $595M Contract
Thousand Oaks-based Teledyne Technologies Incorporated says this morning that it has scored a $595M, Missile Defense Agency (MDA) contract. According to the company, its subsidiary, Teledyne Brown Engineering, won the contract, which goes towards design, development, test, implementation, and maintenance effort for a test and simulation framework for the missile defense system. The contract is spread out over five years, beginning September 1st.