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Teledyne Brown Engineering Secures $114 Million Contract to Enhance Missile Defense Systems

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Teledyne Brown Engineering, a subsidiary of Teledyne Technologies Incorporated (NYSE:TDY), has been awarded a $114 million Task Order under the Design, Development, Demonstration, and Integration (D3I) Domain 1 contract by the U.S. Army Space and Missile Defense Command. The contract, known as Tactical Range Air Defense Missile (TACRAM) 2, involves designing, building, and launching realistic-threat ballistic target missiles for testing advanced missile defense systems.

The contract extends through March 2028 and continues Teledyne Brown Engineering's work in providing target missiles since 2014. The company aims to introduce innovative designs and enhanced capabilities to replicate evolving threats faced by warfighters. This contract underscores Teledyne Brown Engineering's commitment to supporting national defense and its allies in an increasingly challenging global security landscape.

Teledyne Brown Engineering, una filiale di Teledyne Technologies Incorporated (NYSE:TDY), ha ottenuto un ordine di lavoro da 114 milioni di dollari nell'ambito del contratto Design, Development, Demonstration, and Integration (D3I) Domain 1 con il Comando di Difesa Spaziale e Missilistica dell'Esercito degli Stati Uniti. Il contratto, noto come Tactical Range Air Defense Missile (TACRAM) 2, prevede la progettazione, costruzione e lancio di missili bersaglio con minacce realistiche per testare sistemi avanzati di difesa missilistica.

Il contratto si estende fino a marzo 2028 e continua il lavoro di Teledyne Brown Engineering nella fornitura di missili bersaglio dal 2014. L'azienda punta a introdurre design innovativi e capacità migliorate per replicare le minacce in evoluzione affrontate dai combattenti. Questo contratto sottolinea l'impegno di Teledyne Brown Engineering nel supportare la difesa nazionale e i suoi alleati in un panorama di sicurezza globale sempre più difficile.

Teledyne Brown Engineering, una subsidiaria de Teledyne Technologies Incorporated (NYSE:TDY), ha sido adjudicada un pedido de tarea de 114 millones de dólares bajo el contrato de Diseño, Desarrollo, Demostración e Integración (D3I) Dominio 1 por el Comando de Defensa Espacial y de Misiles del Ejército de EE. UU. El contrato, conocido como Tactical Range Air Defense Missile (TACRAM) 2, implica el diseño, construcción y lanzamiento de misiles de blanco con amenazas realistas para probar sistemas avanzados de defensa contra misiles.

El contrato se extiende hasta marzo de 2028 y continúa el trabajo de Teledyne Brown Engineering en la provisión de misiles de blanco desde 2014. La empresa tiene como objetivo introducir diseños innovadores y capacidades mejoradas para replicar las amenazas en evolución que enfrentan los combatientes. Este contrato subraya el compromiso de Teledyne Brown Engineering de apoyar la defensa nacional y a sus aliados en un panorama de seguridad global cada vez más desafiante.

Teledyne Brown Engineering은 Teledyne Technologies Incorporated (NYSE:TDY)의 자회사로, 미 육군 우주 미사일 방어 사령부의 설계, 개발, 시연 및 통합(D3I) 도메인 1 계약 하에 1억 1천4백만 달러의 작업 지시서를 수주했습니다. Tactical Range Air Defense Missile (TACRAM) 2로 알려진 이 계약은 첨단 미사일 방어 시스템을 테스트하기 위해 실제 위협을 가정한 표적 미사일을 설계, 구축 및 발사하는 것을 포함합니다.

이번 계약은 2028년 3월까지 연장되며, Teledyne Brown Engineering이 2014년부터 표적 미사일을 제공해온 작업을 지속합니다. 이 회사는 전투원이 직면한 변화하는 위협을 재현하기 위한 혁신적인 디자인과 향상된 기능을 도입할 계획입니다. 이 계약은 점점 더 도전적인 글로벌 안전 환경에서 국가 방어 및 동맹국들을 지원하겠다는 Teledyne Brown Engineering의 의지를 강조합니다.

Teledyne Brown Engineering, une filiale de Teledyne Technologies Incorporated (NYSE:TDY), a obtenu un ordre de tâche de 114 millions de dollars dans le cadre du contrat Design, Development, Demonstration, and Integration (D3I) Domain 1 par le Commandement de la Défense Spatiale et des Missiles de l'Armée américaine. Le contrat, connu sous le nom de Tactical Range Air Defense Missile (TACRAM) 2, consiste à concevoir, construire et lancer des missiles cibles représentant des menaces réalistes pour tester des systèmes avancés de défense anti-missile.

Le contrat s'étend jusqu'à mars 2028 et poursuit le travail de Teledyne Brown Engineering dans la fourniture de missiles cibles depuis 2014. L'entreprise vise à introduire des conceptions innovantes et des capacités améliorées pour reproduire les menaces évolutives auxquelles les combattants sont confrontés. Ce contrat souligne l'engagement de Teledyne Brown Engineering à soutenir la défense nationale et ses alliés dans un paysage de sécurité mondiale de plus en plus difficile.

Teledyne Brown Engineering, eine Tochtergesellschaft von Teledyne Technologies Incorporated (NYSE:TDY), hat einen Task Order im Wert von 114 Millionen Dollar im Rahmen des Design, Development, Demonstration and Integration (D3I) Domain 1 Vertrags vom US Army Space and Missile Defense Command erhalten. Der Vertrag, bekannt als Tactical Range Air Defense Missile (TACRAM) 2, umfasst das Design, den Bau und den Start von realistischen Bedrohungs-Zielraketen zur Testung fortschrittlicher Raketenabwehrsysteme.

Der Vertrag gilt bis März 2028 und setzt die Arbeit von Teledyne Brown Engineering in der Bereitstellung von Zielraketen seit 2014 fort. Das Unternehmen beabsichtigt, innovative Designs und verbesserte Fähigkeiten einzuführen, um sich entwickelnde Bedrohungen, denen die Kämpfer gegenüberstehen, zu replizieren. Dieser Vertrag unterstreicht das Engagement von Teledyne Brown Engineering, die nationale Verteidigung und ihre Verbündeten in einer zunehmend herausfordernden globalen Sicherheitslandschaft zu unterstützen.

Positive
  • Secured a $114 million contract for missile defense systems enhancement
  • Contract extends through March 2028, providing long-term revenue visibility
  • Expands portfolio of cost-effective test and evaluation target solutions
  • Introduces innovative designs and enhanced capabilities for target missiles
Negative
  • None.

Insights

The $114 million contract awarded to Teledyne Brown Engineering is a significant win for Teledyne Technologies (NYSE:TDY). This 5-year extension of their existing contract demonstrates the company's strong position in the defense sector and ability to secure long-term revenue streams. The contract's focus on advanced missile defense systems aligns with increasing global security concerns, potentially opening doors for future opportunities. Investors should note that while this contract provides stable income through 2028, it represents only a fraction of Teledyne's annual revenue (approximately 1% based on 2022 figures). However, the strategic importance of this work could lead to additional contracts and strengthened relationships with defense agencies.

Teledyne's TACRAM 2 contract signifies a important development in missile defense testing. The company's ability to design and launch realistic-threat ballistic target missiles is essential for validating the effectiveness of advanced defense systems. This capability becomes increasingly important as global threats evolve rapidly. The contract's extension through 2028 suggests confidence in Teledyne's expertise and ability to adapt to changing threat landscapes. From a broader perspective, this project underscores the growing investment in missile defense technologies, reflecting heightened geopolitical tensions and the need for robust deterrence capabilities. For Teledyne, this positions them as a key player in a critical and potentially expanding market segment.

This contract win reinforces Teledyne's position in the specialized defense technology market. The company's ability to secure follow-on contracts demonstrates customer satisfaction and technological competence. The missile defense systems market is projected to grow significantly, driven by increasing global security threats and military modernization efforts. Teledyne's involvement in this sector could lead to expanded market share and potential spin-off technologies for commercial applications. Investors should monitor how this contract impacts Teledyne's overall revenue mix and profit margins, as defense contracts often come with stringent requirements but can also lead to long-term, stable cash flows. The company's success in this niche could attract attention from both institutional investors and defense-focused ETFs.

HUNTSVILLE, Ala.--(BUSINESS WIRE)-- Teledyne Brown Engineering, a subsidiary of Teledyne Technologies Incorporated (NYSE:TDY), proudly announces the award of a $114 million Task Order under the Design, Development, Demonstration, and Integration (D3I) Domain 1 contract by the U.S. Army Space and Missile Defense Command.

Under this contract, Teledyne Brown Engineering will spearhead the design, build, and launch of realistic-threat ballistic target missiles, crucial for use in testing advanced missile defense systems. The Tactical Range Air Defense Missile (TACRAM) 2, a follow-on contract, will extend through March 2028, continuing the company’s work under previous contract, providing target missiles since 2014.

“These target missiles are vital to ensuring the effectiveness of our defense systems in an increasingly perilous world,” stated Scott Hall, President of Teledyne Brown Engineering. “Amidst current and emerging global security threats, we are honored to support our nation and its allies.”

Teledyne Brown Engineering has expanded its portfolio of cost-effective test and evaluation target solutions, offering multiple variants to meet diverse demands. The TACRAM 2 contract will introduce innovative designs and enhanced capabilities, replicating the rapidly evolving threats faced by our warfighters.

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, and energy industries. For over seven decades, the company has successfully delivered innovative systems, integration, operations, and technology development worldwide. For more information about Teledyne Brown Engineering visit: www.tbe.com.

About Teledyne Technologies

Teledyne 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, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.

Jessica Sanders

(256) 726-1385

Source: Teledyne Brown Engineering

FAQ

What is the value of the contract awarded to Teledyne Brown Engineering for missile defense systems?

Teledyne Brown Engineering has been awarded a $114 million Task Order for enhancing missile defense systems under the Design, Development, Demonstration, and Integration (D3I) Domain 1 contract by the U.S. Army Space and Missile Defense Command.

What is the duration of the TACRAM 2 contract for Teledyne Technologies (TDY)?

The Tactical Range Air Defense Missile (TACRAM) 2 contract for Teledyne Technologies (TDY) extends through March 2028.

What will Teledyne Brown Engineering develop under the new contract?

Under the new contract, Teledyne Brown Engineering will design, build, and launch realistic-threat ballistic target missiles for testing advanced missile defense systems.

How long has Teledyne Brown Engineering been providing target missiles for defense systems?

Teledyne Brown Engineering has been providing target missiles for defense systems since 2014.

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