Boeing Selects Teledyne For U.S. Navy Program.

LOS ANGELES -- Teledyne Technologies Incorporated (NYSE: TDY) announced today that Boeing has selected Teledyne Controls for the development and the supply of the Aircraft Health Monitoring System (AHMS) for the U.S. Navy P-8A Multi-Mission Maritime Aircraft (MMA). As the sole supplier, Teledyne will provide the hardware, software and engineering effort required to successfully support this multi-year program.

"We are very pleased that Boeing has recognized Teledyne's extensive data acquisition experience," said Robert Mehrabian, chairman, president and chief executive officer of Teledyne Technologies. "This is a significant contract as the P-8A will eventually replace the Navy's P-3C Orion maritime patrol aircraft."

The AHMS solution is an enhanced configuration of Teledyne's standard, commercial Digital Flight Data Acquisition Unit (DFDAU), which is already flying on approximately half of the delivered Boeing 737NG aircraft serving the world airlines. Designed to collect and analyze flight data to monitor the condition of the aircraft, the DFDAU allows for proactive maintenance and enhanced operational efficiency. Manufactured by Boeing and based on the Boeing 737 BBJ, the P-8A Multi-Mission Maritime Aircraft (MMA) is a long-range anti-submarine warfare, anti-surface warfare, intelligence, surveillance, and reconnaissance aircraft. It possesses an advanced mission system for maximum interoperability.

Teledyne Technologies is a leading provider of sophisticated electronic 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, Mexico and Canada. For more information, visit Teledyne Technologies' website at www.teledyne.com.