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Teledyne Technologies Wins $4 Million Contract From Harris Corporation

Posted on: Wednesday, 12 March 2003, 06:00 CST

Teledyne Technologies Wins $4 Million Contract From Harris Corporation

Source: Business Wire

Teledyne Technologies Incorporated (NYSE:TDY) announced today that it has received a $4 million contract from Harris Corporation (NYSE:HRS), a leading provider of network solutions, for the development and initial production of a family of fiber optic transmitters and receivers to be used on the Joint Strike Fighter aircraft.

The fiber optic devices will be used in numerous avionics subsystems of the Joint Strike Fighter. Teledyne continues to supply Harris with other fiber optic devices for the F-22 Raptor program, which is currently in production. The initial contract is for development and production of quantities sufficient to supply early models of the Joint Strike Fighter, as well as avionics assemblies for subsystem development and system integration laboratories for the aircraft.

"Teledyne has been involved in the development and production of fiber optic devices used in aerospace/defense vehicles for over 10 years," said Robert Mehrabian, chairman, president, and chief executive officer of Teledyne Technologies Incorporated. "We are proud to work with Harris Corporation, another company with a rich tradition of excellence in the aerospace sector, to develop and produce parts for the Joint Strike Fighter."

Teledyne Technologies is a leading provider of sophisticated electronics components, instruments and communication products, systems engineering solutions, aerospace engines and components and on-site gas and power generation systems. Teledyne Technologies has operations in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies' website at www.teledyne.com.

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