A Teledyne TechnologiesÂ (NYSE: TDY) subsidiary has secured a potential $178M follow-on contract to manufacture underwater combat personnel delivery vehicles forÂ Naval Sea Systems Command.
Teledyne Brown Engineering will continue to produceÂ MK11 Shallow Water Combat Submersible systems andÂ spares as well as provide engineering and technical services throughÂ fiscal 2024 under the sole-source award, theÂ companyÂ said Monday.
SWCSÂ is designed to transport special operation forces into and out of dangerous war environments.
U.S. Special Operations Command green-litÂ continued production of the system after TBE completed work under anÂ initialÂ engineering development contract.
âThe Shallow Water Combat Submersible is a complex system that will assist in the safe delivery and return of those who are protecting our nation,” saidÂ Al Pichelli, president and CEO of Teledyne.