Teledyne awarded $39.2 million u.s. navy contract for autonomous underwater vehicles

Thousand oaks, calif.--(business wire)--teledyne technologies incorporated (nyse:tdy) announced today that its subsidiary, teledyne brown engineering, inc., was awarded an indefinite-quantity/indefinite-delivery contract with a maximum base value of $27.4 million from the u.s. navy for the littoral battlespace sensing-glider (lbs-g) program. the contract, awarded under full and open competition, includes a single five-year ordering period and five one-year option periods. the option periods, if
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