Teledyne Awarded $178 Million Special Operations Shallow Water Combat Submersible Contract
October 21 2019 - 8:00AM
Business Wire
Teledyne Technologies Incorporated (NYSE:TDY) announced today
that its subsidiary, Teledyne Brown Engineering (TBE) in
Huntsville, Alabama, was awarded a sole source contract from the
Naval Sea Systems Command (NAVSEA) for the follow-on production of
MK11 Shallow Water Combat Submersible (SWCS) Systems. The contract,
including all options, is valued at $178 million.
The SWCS System is a manned combat submersible vehicle
specifically designed to insert and extract Special Operations
Forces (SOF) in high threat areas. Under the initial contract with
the United States Special Operations Command (USSOCOM), TBE
successfully designed, manufactured, tested and delivered the
initial Engineering Development Model (EDM) SWCS System. Due to the
success of the program’s EDM Phase, USSOCOM exercised options for
TBE to produce and deliver additional MK11 SWCS Production
Systems.
“Teledyne is proud to be supplying advanced technologies and
systems enabling our Special Operations Forces to perform their
missions successfully,” said Al Pichelli, President and Chief
Executive Officer of Teledyne. “The Shallow Water Combat
Submersible is a complex system that will assist in the safe
delivery and return of those who are protecting our nation.”
Under the new NAVSEA contract, TBE will continue production and
delivery of MK11 SWCS Systems, including spare parts production and
the provision of engineering and technical support services,
through fiscal year 2024, if all options are exercised.
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 maritime
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 at www.tbe.com.
About Teledyne Technologies Incorporated
Teledyne Technologies is a leading provider of sophisticated
instrumentation, digital imaging products and software, aerospace
and defense electronics, and engineered systems. Teledyne
Technologies’ operations are primarily located in the United
States, the United Kingdom, Canada, and Western and Northern
Europe. For more information, visit Teledyne Technologies’ website
at www.teledyne.com.
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