09.02.2005 15:06:00

Teledyne Wins NASA Marshall Space Flight Center Contractor Excellence

Teledyne Wins NASA Marshall Space Flight Center Contractor Excellence Award for Second Consecutive Year


    Business Editors

    LOS ANGELES--(BUSINESS WIRE)--Feb. 9, 2005--Teledyne Technologies Incorporated (NYSE:TDY) today announced that Teledyne Brown Engineering, Inc., for the second year in a row, has been selected by NASA's Marshall Space Flight Center (MSFC) to receive the Contractor Excellence Award in the large business - service category.
    Teledyne Brown was selected for the annual award based on the high quality of the company's services and support and heightened performance, which resulted in cost savings to MSFC of more than $15 million over the last four years. Cross training and hiring personnel with diverse backgrounds also allowed Teledyne Brown to keep costs to almost nine percent below plan.
    Under a contract with The Boeing Company, Teledyne Brown currently supports payload integration for the International Space Station (ISS). Since June 2002, Teledyne Brown has been supporting the Systems Development and Operations Support (SDOS) contract with a team that has been working on space hardware and software development, integration and operation, maintenance of payload facilities and carrier subsystems on the ISS and other space exploration initiatives.
    The company is involved in several other MSFC programs including the Operation and Maintenance of Propellants, Pressurants and Calibration (PPC), the Engineering, Analytical, and Integration Support to MSFC's Material Science Glovebox and Biotechnology Programs.
    Since becoming one of the first contractors to MSFC, Teledyne Brown has continued to emphasize safety and quality assurance.
    "Teledyne Brown has a vital role with Marshall in achieving NASA's goal of safe human spaceflight," said Marshall Center Director David King. "Their contributions are helping us fulfill the Vision for Space Exploration, and inspiring the next generation of space explorers."
    "We are very honored to receive this award again," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies. "The award is a reflection of the outstanding team we have supporting Marshall Space Flight Center programs. I would like to thank everyone at NASA for this recognition. We look forward to continuing to provide the Marshall Center with the exceptional quality of work that is synonymous with Teledyne Brown."
    Teledyne Brown Engineering will receive a plaque at an awards ceremony in the near future.
    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.

--30--JS/na*

CONTACT: Teledyne Technologies Incorporated Investors: Jason VanWees, 310-893-1642 or Press: Robyn McGowan, 310-893-1640

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE AEROSPACE/DEFENSE COMPUTERS/ELECTRONICS SOFTWARE MANUFACTURING SOURCE: Teledyne Technologies Incorporated

Copyright Business Wire 2005

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