THOUSAND OAKS, Calif. - February 4, 2014 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., has been awarded a five-year $60 million contract by NASA's Marshall Space Flight Center (MSFC) to design and manufacture the Launch Vehicle Stage Adapter (LVSA) for the Space Launch System (SLS).
The SLS, NASA's next generation launch vehicle, is an advanced, heavy-lift vehicle, designed to provide safe, affordable, and sustainable access to science and human exploration beyond Earth's orbit. It will carry the Orion Multi-Purpose Crew Vehicle as well as cargo, equipment, and science missions into deep space.
The LVSA, a critical element of the SLS, will adapt the SLS core stage to the Interim Cryogenic Propulsion Stage (ICPS) while providing a protective envelope for the ICPS propulsion system. Teledyne Brown will partner with MSFC to use its Advanced Welding Facility for assembly of LVSA components.
"Alabama companies like Teledyne offer skilled, hard-working people the ability to provide for their families and the opportunity to build high-technology products ranging from airplanes to automobiles to human spaceflight," Alabama Governor Robert Bentley said. "We are proud that Teledyne Brown Engineering and NASA/MSFC continue to secure the ability for America's next heavy-lift rocket to be stamped with the marker 'Made in Alabama.'"
"The Space Launch System is a centerpiece program for MSFC and a strategic capability for our nation," said Robert Mehrabian, Chairman, President and Chief Executive Officer of Teledyne Technologies. "We are exceedingly pleased to be selected for this work and to build on our more than 50-year history with NASA."
Teledyne Brown has provided full lifecycle engineering and prototyping solutions for every major NASA space initiative program from Apollo to SLS.
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, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne Technologies' 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 funding, continuation and award of government programs, as well as cuts to government spending resulting from future deficit reduction measures.
