LOS
ANGELES, California -- August 23, 2005 -- Teledyne Technologies
Incorporated (NYSE:TDY) today announced that Teledyne Brown Engineering,
Inc., was one of three companies awarded a multi-million dollar contract
by The Boeing Company (NYSE:BA), the Lead Systems Integrator (LSI) for
the U.S. Army's Future Combat Systems (FCS) program, for phase one of
the Class III Unmanned Aerial Vehicle (UAV) development and demonstration
under the FCS program. The value of Teledyne's phase one contract is
$3.7 million.
Teledyne
Brown's UAV, "Prospector", will be evaluated on Class III
critical performance requirements. Prospector is a proven, reliable
and flexible UAV system that currently meets most of the Class III requirements.
Prospector is a rapidly deployable system that provides advanced tactical
reconnaissance and surveillance.
The
FCS Class III UAV effort is a multi-phase award. Phase one, expected
to last 10 months, includes requirements assessment and risk reduction
trade studies on initial UAV concepts. Companies will compete for the
second phase award, which will consist of prototype production and flight
demonstration and is scheduled for a mid-2006 award. A single company
will be selected to compete against the Defense Advanced Research Project
Agency's (DARPA) vehicle for the third phase award, production.
"It
was a strategic decision for Teledyne to reenter the UAV market at this
time," said Robert Mehrabian, chairman, president and chief executive
officer of Teledyne Technologies. "Prospector provides a solution
that not only meets the specifications of the U.S. Army, but also fits
the needs of other branches of the military, those of international
governments and other non-defense groups as well. We are proud to have
been selected as one of Boeing's FCS partners."
The
baseline vehicle was originally developed by Rheinmetall Defence Electronics
for the German Army and is now fielded by NATO troops. In October of
2004, Teledyne Brown and Rheinmetall Defence Electronics entered into
an alliance to market Prospector and other UAVs to the U.S. government.
Prospector,
which will be built in Teledyne Brown's manufacturing facilities in
Huntsville, has a highly automated mission planning system, a rapid
launch capability and a parachute and air bag landing system. Prospector
also features high-precision navigation using GPS and onboard inertial
navigation, a high jam-resistant digital data link, high level of autonomous
operation and computer-aided sensor control that enables target tracking
and image manipulation. The system is C-130 transportable, can be launched
and recovered without an airfield and can be integrated with existing
and projected command and control components.
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, Mexico and Canada. For more information, visit Teledyne
Technologies' website at www.teledyne.com.
Approved
for Public Release, Distribution Unlimited, TACOM 22 Aug 2005, case
05-174
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