Teledyne Brown Engineering, a precision‑engineering subsidiary of Teledyne Technologies, secured a $42.9 million firm‑fixed‑price contract modification from the Naval Sea Systems Command (NAVSEA). The modification provides provisioned items order (PIO) spares to support the MK11 SEAL Delivery Vehicle (SDV) program, a key platform for U.S. Navy special‑operations forces.
The award marks a continuation of Teledyne Brown Engineering’s long‑standing relationship with the MK11 SDV program, which began in 2011 when the company was first awarded the design, development, manufacture and test contract for the vehicle. The new modification adds a steady, long‑term revenue stream tied to a high‑value defense program and follows the company’s recent achievement of NAVSEA 07 certification for Deep Submergence System work, underscoring its technical expertise in harsh‑environment systems.
Strategically, the contract reinforces Teledyne Technologies’ focus on expanding its defense footprint. By securing additional sustainment work for a critical Navy platform, Teledyne Brown Engineering positions itself for future opportunities within the NAVSEA ecosystem and strengthens its relationships with key U.S. Navy customers. The modification also complements the company’s broader portfolio, which includes aerospace and defense electronics, digital imaging, and engineered systems.
While the contract itself is a separate revenue source, it fits into a broader context of strong financial performance for Teledyne Technologies. In the third quarter of 2025, the company reported record net sales of $1.54 billion and a GAAP diluted EPS of $4.65, beating analyst expectations. The recurring nature of the SDV support work adds to the company’s ability to sustain earnings momentum as it continues to grow its defense and engineering services segments.
Scott Hall, president of Teledyne Brown Engineering, noted that “the MK11 SDV program remains a cornerstone of our defense portfolio, and this contract modification reaffirms the Navy’s confidence in our engineering and manufacturing capabilities.” The award signals continued demand for Teledyne’s specialized defense solutions and supports the company’s long‑term growth strategy.
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