Teledyne Electronics and Communications

LOS ANGELES - October 31, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne, through its subsidiary Teledyne Cougar, Inc., has acquired certain assets of the microwave technical solutions ("MTS") business of Avnet, Inc. (NYSE: AVT). Terms of the transaction were not disclosed. Read more.

Teledyne Enters Agreement to Acquire MGD Technologies Inc.

Lincoln, NE, - October 28, 2005 - Teledyne Technologies Incorporated (NYSE: TDY) announced today that a subsidiary Teledyne Isco, Inc., has entered into an agreement to acquire MGD Technologies Inc. based in San Diego, California. The transaction is expected to close during November 2005, and is subject to customary closing conditions. Read more.

Teledyne Technologies Reports Third Quarter Results

Teledyne Technologies today reported third quarter 2005 sales of $295.3 million, compared with sales of $270.0 million for the same period of 2004. Net income for the third quarter of 2005 was $15.7 million ($0.45 per diluted share), compared with net income of $12.5 million ($0.37 per diluted share) in the third quarter of 2004. Read more.

Teledyne Technologies Wins $18.7 Million Air Force Contract

LOS ANGELES - September 21, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne Electronic Safety Products has been awarded a contract by Goodrich Corporation's (NYSE:GR) Aircraft Interior Products division, in Phoenix, AZ.. The contract is to supply ejection seat Digital Recovery Sequencers (DRS) over the next five years based on yearly quantity releases from the U.S. Air Force in support of F-22, F-15, F-16, F-117, A-10, B-1B, and B-2 aircraft. This contract is the culmination of a highly successful 18-month development program between the U.S. Air Force, Goodrich, and Teledyne. Read more.

Teledyne Acquires RD Instruments, Inc.

LOS ANGELES - August 29, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Investment, Inc., has completed the acquisition of RD Instruments, Inc., for approximately $37.0 million. RD Instruments (RDI) designs and manufactures state-of-the-art acoustic Doppler instrumentation. Located in San Diego,Calif., the business will operate as Teledyne RD Instruments, Inc. Read more.

Teledyne Technologies Reports Second Quarter Results

Teledyne Technologies today reported second quarter 2005 sales of $303.3 million, compared with sales of $238.9 million for the same period of 2004. Net income for the second quarter of 2005 was $16.1 million ($0.47 per diluted share), compared with net income of $9.9 million ($0.30 per diluted share) in the second quarter of 2004. Read more.

Teledyne Enters Agreement to Acquire Cougar Components Corporation

LOS ANGELES - June 6, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced today that a subsidiary, Teledyne Investment, Inc., has entered into an agreement to acquire Cougar Components Corporation of Sunnyvale California for $26.5 million. Read more.

Teledyne Controls Receives Order from Cyprus Airways Group for AirFASE® and Wireless GroundLink®

LOS ANGELES, CA - May 26, 2005 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE: TDY), announced today that the Cyprus Airways group, including Cyprus Airways, Eurocypria Airlines and Hellas Jet, has placed an order for AirFASE® and Wireless GroundLink®. Read more.

Turkish Airlines Selects Teledyne Controls' FDIMU for New A319/320 and A330 Aircraft Fleet

LOS ANGELES, CA - March 17, 2005 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE: TDY), announced today that national carrier Turkish Airlines has selected Teledyne Controls' Flight Data Interface Management Unit (FDIMU) for installation on its new Airbus A319/320 and A330 fleet of 36 aircraft. Read more.

Teledyne Technologies to Present at Investor Conference and Hold Investor Meetings

LOS ANGELES - March 7, 2005 - Teledyne Technologies Incorporated (NYSE:TDY) announced that Robert Mehrabian, chairman, president and chief executive officer, and Jason VanWees, director of corporate development and investor relations, will make a presentation at the Raymond James 26th Annual Institutional Investors Conference on Tuesday, March 8, at 1:05 p.m. (Eastern) at the Hyatt Regency Grand Cypress in Orlando, Fla. In addition, Robert Mehrabian and/or Jason VanWees will be holding investor meetings arranged by Needham & Company on March 9 through March 11 in Boston, Mass. and Philadelphia, Pa. Read more.

Japan Airlines Selects Teledyne Controls' integrated Data Management Unit (iDMU) for Boeing 767-200/300 Aircraft Fleet

LOS ANGELES, CA - February 28, 2005 - Teledyne Controls, a business unit of Teledyne Technologies Incorporated (NYSE: TDY), announced today that Japan Airlines (JAL) has selected Teledyne Controls' integrated Data Management Unit (iDMU) for retrofit installation on its B767-200/300 fleet of 16 Aircraft. Teledyne's iDMU will replace the legacy DMU (Data Management Unit) currently in service, providing enhanced ACMS (Aircraft Condition Monitoring System) and recording capabilities. Read more.

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