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Investors: Jason VanWees (310) 893-1642

Media: Robyn Choi (310) 893-1640

LOS ANGELES, California -- December 5, 2003 -- Teledyne Technologies Incorporated (NYSE:TDY) today announced that Teledyne Microelectronic Technologies has been awarded a contract by the United States Air Force to develop a next generation CTIC/CDH DS-101 Hybrid (CDH).

The CDH is a custom tamper-resistant microcircuit that, when embedded in a host, provides communications security. The next generation CDH will be designed to incorporate the latest encryption/decryption algorithms and provide users multi algorithm selectability.

"Teledyne is pleased to be selected for this important contract," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies. "We are committed to providing the United States Air Force with advanced solutions to protect critical or sensitive data to support America's security programs."

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.

For more information, visit Teledyne Technologies' website at www.teledyne.com.

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