Teledyne Advanced Electronic Solutions (AES), a business unit of Teledyne Technologies Incorporated (NYSE:TDY), was awarded a contract worth in excess of $20 million for fiscal years 2019 through 2021 from Harris Corporation of Melbourne, Florida, to continue its support of the F-35 aircraft program.
Teledyne AES has supported the Lockheed Martin F-35 program since 2004. This latest competitive firm-fixed-price award is to develop and deliver Fiber Optic Quad Transceiver products in support of lots 13 and 14 of the F-35 program. The work will be performed at Teledyne AES’ production facility located in Lewisburg, Tennessee.
Teledyne AES is a long-time contractor in support of various U.S. DoD programs. Harris recognized Teledyne AES as a contractor for Exceptional Quality in 2018 as Teledyne AES earned a 100% Product Quality Score. Earlier this year, Teledyne AES made a substantial capital investment in a technical refresh of two key equipment lines in its Lewisburg production facility. The capital investment has streamlined production, accelerated delivery schedules and improved overall quality control.
Source: Teledyne Technologies Incorporated
Date: Mar 19, 2019