Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Brown Engineering, Inc., in Huntsville, Ala., received approval from the U.S. Navy to move into Full Rate Production (FRP) Phase on the Littoral Battlespace Sensing-Glider (LBS-G) Program.

This is the first ocean glider FRP decision ever made in the history of the Navy. Teledyne Brown will provide the Navy with a fleet of 150 marine gliders for a total contract value of $53.1 million if all options are exercised.