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Teledyne Awarded $22 M Contract for Autonomous Underwater Vehicles

Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Instruments, Inc., has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Undersea Warfare Center to supply autonomous underwater vehicles (AUVs) and related monitoring and communications acoustic systems. The initial 2019 value of the contract is approximately $5.4 million. The award has a maximum value of $22.2 million through December 2024, if all contract …read more

Read more here:: ASD News (Naval)

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