Teledyne Lands U.S. Navy AUV Deal

Teledyne Technologies’ subsidiary, Teledyne Instruments, has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Undersea Warfare Center to supply autonomous underwater vehicles (AUVs) and related monitoring and communications acoustic systems.

The initial 2019 value of the contract is approximately $5.4 million. The award has a maximum value of $22.2 million through December 2024, if all contract options are exercised.

“For more than a decade, Teledyne has been the leading provider of autonomous underwater gliding vehicles to the U.S. Government,” said Al Pichelli, president and chief executive officer. “We are exceptionally pleased now to have received our first significant order from the U.S. Navy for Teledyne’s self-propelled autonomous underwater vehicles.”

Autonomous underwater vehicles are capable of carrying out complex survey missions for commercial, scientific and defense applications.