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Teledyne Awarded $596 Million International Space Station Support Contract
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Rhea-AI Summary
Teledyne Technologies (NYSE:TDY) announced its subsidiary, Teledyne Brown Engineering, has secured the MOSSI II contract, valued at a potential $596.5 million. As Prime Contractor, Teledyne will oversee mission operations for the International Space Station (ISS), following over 20 years of similar support. The contract includes mission preparation, crew training, and real-time operations, starting around September 9, 2022. Teledyne Brown has dedicated over 175,000 hours of support for the ISS and aims to continue its integral role in NASA's space missions.
Positive
Awarded the MOSSI II contract valued at $596.5 million, enhancing revenue potential.
Continued relationship with NASA demonstrates confidence in Teledyne's capabilities.
Teledyne Brown has over 20 years of experience supporting ISS operations.
Includes performance-based incentives, aligning interests with NASA's mission success.
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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--
Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., has been awarded the Marshall Operations, Systems, Services and Integration II (MOSSI II) contract. As the Prime Contractor, Teledyne is responsible for the management, personnel, supplies, and equipment to support mission operations and ground systems development services to support the International Space Station (ISS) and its missions.
Teledyne Brown Engineering is the incumbent on the Mission Operations and Integration (MO&I) portion of this contract and has been performing similar work to support this effort for over 20 years. The work will be performed at Marshall Space Flight Center in Huntsville, Alabama, and Johnson Space Center in Houston, Texas.
“I would like to thank NASA’s Marshall Space Flight Center for its continued confidence in Teledyne Brown Engineering, and its capabilities,” said Robert Mehrabian, Chairman, President, and Chief Executive Officer of Teledyne Technologies. “I also appreciate the dedication of our Teledyne Brown Engineering employees who developed the winning MOSSI II proposal under the leadership of former president Janice L. Hess and current president Scott Hall. Scott’s continued leadership and guidance positions us well with performance under the MOSSI II contract.”
“Our team’s dedication to Marshall Space Flight Center, the International Space Station and NASA’s mission to explore space is undeniable,” stated Scott Hall, President of Teledyne Brown Engineering. “Our talent, experience and understanding of the multifaceted parameters in payload operations and console support have contributed to the success of the ISS program and we look forward to working on MOSSI II and future space programs.”
MOSSI II is a combination of the current MO&I and Huntsville Operations Support Center (HOSC) contracts. It consists of all phases of ISS operations including mission preparation, crew and flight controller training and real-time spaceflight operations, as well as maintaining support infrastructure.
Teledyne Brown Engineering has supplied over 175,000 hours of round-the-clock support for the ISS. The company has played a major role in supporting NASA’s science research aboard the ISS by integrating more than 3,000 payloads, providing crew training activities for these payloads, developing experiment procedures, and delivering real-time support to science teams from around the world.
MOSSI II is a performance-based, cost-plus-award-fee contract that has a potential mission services value of $596.5 million and a maximum potential indefinite-delivery/indefinite-quantity value of $85 million over eight years. The contract begins around September 9, 2022.
About Teledyne Brown Engineering
Teledyne Brown Engineering is an industry leader in full-spectrum engineering and advanced manufacturing solutions for harsh environments in space, defense, energy, and marine industries. For over six decades, the company has successfully delivered innovative systems, integration, operations, and technology development worldwide. For more information, visit Teledyne Brown Engineering’s website at www.tbe.com.
About Teledyne Technologies
Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.
Forward-Looking Statements Cautionary Notice
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to a contract award. Actual results could differ materially from these forward-looking statements. Many factors could change anticipated results, including risks associated with government contracts and other factors identified in Teledyne’s most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q.
What is the MOSSI II contract awarded to Teledyne Technologies?
The MOSSI II contract, awarded to Teledyne Brown Engineering, is a mission management contract for the International Space Station, valued at up to $596.5 million.
What will Teledyne Brown Engineering do under the MOSSI II contract?
Teledyne Brown Engineering will manage personnel, supplies, and operations for the ISS, supporting mission preparation and real-time operations.
What is the potential value of the MOSSI II contract for Teledyne?
The MOSSI II contract has a potential mission services value of $596.5 million over eight years.
When does the MOSSI II contract start?
The MOSSI II contract is expected to begin around September 9, 2022.
How long has Teledyne Brown Engineering been supporting the ISS?
Teledyne Brown Engineering has been supporting the ISS for over 20 years.
