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Teledyne Subsidiary Receives $114M Army Task Order for Ballistic Target Missiles

A Teledyne Technologies (NYSE: TDY) subsidiary has secured a $114 million task order from the U.S. Army to enhance missile defense systems.

The company said the award to Teledyne Brown Engineering was made by the Army Space and Missile Defense Command under the Design, Development, Demonstration and Integration Domain 1 contract.

Teledyne Brown Engineering will design, build and launch ballistic target missiles, which are used to test advanced missile defense systems.

“These target missiles are vital to ensuring the effectiveness of our defense systems in an increasingly perilous world,” said Scott Hall, president of Teledyne Brown Engineering. “Amidst current and emerging global security threats, we are honored to support our nation and its allies.”

The Teledyne business is also under a $79.6 million Army task order for the design and manufacturing of targets for a missile defense system test and evaluation program.

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