Teledyne Awarded Contract for Software Based Radio System
Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Defence Limited, has been awarded a multi-year contract to supply a large quantity of electronic equipment to PA Consulting Group, under contract to its client. This production contract, a follow-on to earlier development contracts, is for a software based radio system.
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“The award of this contract is recognition of Teledyne’s success in supporting the development of a world-leading capability, and working with our partners in implementing very challenging client specifications in demanding timescales,” said Robert Mehrabian, chairman, president, and chief executive officer of Teledyne.
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Source : Teledyne