-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kh0HEKjebGDEYZscmYsibthksleSTjz3jXEIcWnTIGSGb0+fWYSErdCnii2u3Lsb PPH8DhFmPEJTjGWNO5wnGA== 0000950134-09-003063.txt : 20090217 0000950134-09-003063.hdr.sgml : 20090216 20090217161838 ACCESSION NUMBER: 0000950134-09-003063 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090212 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090217 DATE AS OF CHANGE: 20090217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TELEDYNE TECHNOLOGIES INC CENTRAL INDEX KEY: 0001094285 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 251843385 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15295 FILM NUMBER: 09614066 BUSINESS ADDRESS: STREET 1: 1049 CAMINO DOS RIOS CITY: THOUSAND OAKS STATE: CA ZIP: 91360 BUSINESS PHONE: 805-373-4545 MAIL ADDRESS: STREET 1: 1049 CAMINO DOS RIOS CITY: THOUSAND OAKS STATE: CA ZIP: 91360 8-K 1 v51481e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 12, 2009
 
Teledyne Technologies Incorporated
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of incorporation)
  1-15295
(Commission File Number)
  25-1843385
(I.R.S. Employer
Identification No.)
     
1049 Camino Dos Rios
Thousand Oaks, California
(Address of principal executive offices)
 
91360
(Zip Code)
Registrant’s telephone number, including area code: (805) 373-4545
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))
 
 

 


 

Item 8.01.   Other Events
     On February 12, 2009, Teledyne Technologies Incorporated issued a press release with respect to a voluntary product recall at its subsidiary, Teledyne Continental Motors, Inc, which press release is attached as Exhibit 99.1 and incorporated herein by reference.
     On February 13, 2009, Teledyne Technologies Incorporated issued a press release announcing that it has completed an $80 million voluntary cash contribution to the Teledyne Technologies defined benefit pension plan, which press release is attached as Exhibit 99.1 and incorporated herein by reference.
Item 9.01   Financial Statements and Exhibits
(d) Exhibits
Exhibit 99.1       Press Release announcing voluntary product recall at Teledyne Continental Motors, Inc., dated February 12, 2009.
 
Exhibit 99.2       Press Release announcing voluntary pension contribution, dated February 13, 2009.

 


 

SIGNATURE
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  TELEDYNE TECHNOLOGIES INCORPORATED
 
 
  By:   /s/ Dale A. Schnittjer    
    Dale A. Schnittjer   
    Senior Vice President and Chief Financial Officer   
 
Dated February 17, 2009

 


 

EXHIBIT INDEX
Description
Exhibit 99.1       Press Release announcing voluntary product recall at Teledyne Continental Motors, Inc., dated February 12, 2009.
 
Exhibit 99.2       Press Release announcing voluntary pension contribution, dated February 13, 2009.

 

EX-99.1 2 v51481exv99w1.htm EX-99.1 exv99w1
Exhibit 99.1
(TELEDYNE LOGO)
NewsRelease
 
Teledyne Continental Motors Issues
Voluntary Product Recall
THOUSAND OAKS, Calif. — February 12, 2009 — Teledyne Technologies Incorporated (NYSE:TDY) announced today that its subsidiary, Teledyne Continental Motors, Inc. (TCM), is issuing a voluntary recall of certain aircraft piston engine cylinders produced since November 2007. The company will take a pretax charge of approximately $18 million during the first quarter to cover estimated costs related to the recall and replacement of affected cylinders.
“As part of our commitment to safety and in cooperation with the Federal Aviation Administration, we are issuing this voluntary recall,” said Robert Mehrabian, chairman, president and chief executive officer. “Thus far, cracks in cylinder head castings have only been identified in 36 cylinders on engines exceeding 400 hours of use. Nonetheless, as a precautionary measure, approximately 9,600 fielded cylinders will be replaced. New cylinders will be provided at no cost to the affected customers.”
Aircraft piston engine cylinders affected by this recall were cast on a specific production tool and shipped since November 2007. Head castings from such cylinders may be subject to developing cracks at the top of the cylinder head near the fuel injector and spark plug bosses. TCM has simultaneously issued a Federal Aviation Administration approved Mandatory Service Bulletin (MSB09-1) regarding the identification and replacement of these cylinders.
TCM has established dedicated service numbers, 888-200-7565 (U.S) or 251-436-8665 (International), staffed by trained service technicians and a web-based inquiry management center (via www.tcmlink.com/cylinders) so that customers can learn if their engine is affected and the steps to take in order to comply with this service bulletin.
Teledyne Technologies is a leading provider of sophisticated electronic subsystems, instrumentation and communication products, engineered systems, aerospace engines, and energy and power generation systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to the voluntary recall. Actual results could differ materially from these forward-looking statements, as cylinder replacements proceed. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies’ periodic filings with the Securities and Exchange Commission, including its 2007 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. The company assumes no duty to update forward-looking statements.
Investor Contact:        Jason VanWees
(805) 373-4542
 
Press Contact:        Robyn McGowan
(805) 373-4540

EX-99.2 3 v51481exv99w2.htm EX-99.2 exv99w2
Exhibit 99.2
(TELEDYNE LOGO)
NewsRelease
 
Teledyne Technologies Makes Pension Contribution
THOUSAND OAKS, Calif. — February 13, 2009 — Teledyne Technologies Incorporated (NYSE:TDY) announced today that it has completed an $80 million voluntary cash contribution to the Teledyne Technologies defined benefit pension plan. The pension contribution was funded with cash on hand and borrowings under the company’s credit facility. This contribution will result in an after-tax cash outlay of approximately $52 million for the company during 2009 due to the tax deductibility of this contribution. Teledyne made this voluntary contribution in order to increase the funding of the company’s defined benefit pension plan.
Teledyne Technologies is a leading provider of sophisticated electronic subsystems, instrumentation and communication products, engineered systems, aerospace engines, and energy and power generation systems. Teledyne Technologies’ operations are primarily located in the United States, the United Kingdom and Mexico. For more information, visit Teledyne Technologies’ website at www.teledyne.com.
This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, relating to taxes and pension contributions. Actual results could differ materially from these forward-looking statements. Financial market fluctuations affect the value of the company’s pension assets and funding requirements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Teledyne Technologies’ periodic filings with the Securities and Exchange Commission, including its 2007 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. The company assumes no duty to update forward-looking statements.
Investor Contact:        Jason VanWees
(805) 373-4542
 
Press Contact:   Robyn McGowan
(805) 373-4540

GRAPHIC 4 v51481v5148100.gif GRAPHIC begin 644 v51481v5148100.gif M1TE&.#EA%0%4`(<````````PGP`[I0!`IP!!J`!%J0!(J@!+K`!-K0!-L`!1 MK@!2L`!5L0!6M`!9L@!:M`!UFJ@U6RAU6ZDUG&AUG&DUW2AUG2EV'&HUW:HV'BDV'RFV7BIV7BM MV7ZJVGVNVH&JVX&MVX*MW(:KW(2MVX6MW(FNW8&PW(.TW8:QW8>TW8FRW8BW MWHRRWHZUWY&UWY"ZWX^VX)&UX)2SX)6UX)*XX)*\X)6XX9BVX9FYX9J\XIZZ MXIV]XYZ^Y*"[Y*&\XZ"^Y*2_Y9W`XYW`Y*'!Y*'%Y*3!Y:7$YJ7(YJG"YJK% MYJ[$YJW'Z*G(YJW(Z*_.Z+#%Z+#*Z+/,Z;7*Z;;-ZKC+ZKC-ZK[.[+71ZK;4 MZ[C0Z[O0[+W2[+S6[,'/[<'2[<'4[<72[<76[L#8[<79[L;=[LC6[\G9[\?9 M\,G9\,G>\,[9\,W<\-':\='>\=7>\MC?\\O@\,[B\='A\=/D\M7@\M?B]-7F M\]?G]-C@\]GA]-KE]-SB]-WE]=GH]-WH]=_L]N'F]>'I]N'M]N7I]^3N]^;I M^.;L^.GJ^.KM^.WM^>;P^.GQ^.SR^>[T^O'Q^O/T^_3S^_3T^_;U_/7X_/GU M_/GY_?G\_?SX_?[^_@```"'Y!````/\`+``````5`50```C_`/T)'$BP(,%) M#RI<6,BPH4.'$3ST(QCBP<.+%RL\^&2PH\B/280+#H@1E$&!`@9_V!@LI)""(@4(:`1R.NF0P@2/ M6+-JW/AQ944(BQ[`4((`2:\R=.8(F09LM66##I*\$W#XJ2+5J4I"P' M-RE$&!P!@4!,+%T6A'E!,&$&C6H&'EP40H-Z_JB)C0!E(#L%%1Q(\C=-Z84* M"M(-#/$TJK^I"PD/?F"WMNW;N`E*$ANW+`0/`G?9\`<'C\`1%GMG7'#(]IP( MbJ%!T0X8,#4J>I,`CRI/O/`2N_[S0\F71$%>^/_DA2S(%]$\V_(RP0^"& MHK0%TDE(DK3ILW"LUII4)T6@A'I*.)';@@PV2!`KO"GW4`0;"+2,`C_X$\@! MBP@4`EP2-C37(+F)$4$%$?`DD$GD2=/1>.4M)A@6'MD4@14#I=`7/OY(PM(K M`A45`1@"E7::D`)"12!Y_#CHY).XO;)`3"$V%$$&`D'#``1(:/B``G7Y`\)/ M53(TER*X>0&!1BIJ1YY0!L&H&$$P<5:C!1$T,=`K@#$PBT";#>%/,0R@MI9_ M8U$PTBX>#O@:2_!`*>FD6MDR99D,V2209D4!H2$$%"C@B4`>D(DI:J/9UL6: M#[3)(@-P%O\DIWD12'%GG@.A4Z@#'?J3Q(G921$!!2\,5%H%%F0QF!&-*ODH M>?%0*NVT_N2B`)684O"`/?Z$<^T%$7092$BA=J@`@JK+JZDD.&/-B M8K12<:N>`NGC@$9S"'3,KIWT!8NQA4(@C5@+-/J`:[`Q(`^U$#\)S+>8-K9M MMY>"*RY/3*B.+*"RB0P$`VXNOQ ML!!L,1!,?&E+T+$.B$F!`X[XPYJSL(U$\P%[1"QU;<%0G.T#[W3+`+;A?LH0 M!0N(X@\^(%<\5R$ENXOR4H_1`3-Y<_X[TVT#BF:Z,4X+I.)//7F1528%#*#M MEK?.'S_5MT#U-)`H`_H0'EH__4S) M0#TH+%X@$JZ_#DKDU'OT+[:C/["./^8X@+W&7G/.BC_TY%5Q8PS4<;K:`[WJ M8IPQTQX!C1WE/!`^^S[@\T!%S,=$040K7@TB`($_S,!Y3*J>`CW"C*V=CP(- M4$TZS`>1S55E`;$@'^9$5Z611(TKJ'O7F^8%-UIUIGYXTAD\%G"6?@W$%GTZ M!@!W5;Q4>&\$(T`@`R*UP!X*)!H.K!C8_U3S#G1-R((7O(4_WA'$4RW@#R!D MWXI8$BN"S$I&=D(AWOQ!#*4XX!($P46?K#'#T!3/'X4JRED8!BD?]G`:E!O= M`E1##\QAI&OCPDBH&/6.#9IM`2[,2@C7QH!ED)`!Y:"5K;18A8%HX40,H`9! M;J$4!CRCC`XX(Q5,Q326S,.-"BS-]T)$NK;4<92:"]]%0@4,ML2Q@PPP@U8& MV3YX<>(:RL@E,O+AC_%$@`Z(*$0A`($+?]1I"-W(I3*2,0[W!&$$8FK5$`P_-%` M5"IG)&P0I!3=!/\4!OB3`0:`1B^I`@$(/``""G"#,142@7\R0`%3D$QC%K`E MZB2@&-6L)#8)9L:!6(!*G5R(ROY9`!Z54UK3.``#',#2EKKTI3!E@(OP0<&R MX!%$>EP`1H^Q`)CZ]*<.,``9L&*%GBK@C`)!!0)\>@"!2F*I+U5`/B&PTIFD0.&)48#" MKGB]JU[SRE=/3&-LP^+@16[:&]+),!J=X.M>%ZM8NR[B4`8)AB?HVB9Q9**Q MF;`<-3C!6$_(L+%TY85`0$%:O9*B&1XY1R=`D8F'$40>F0!%)_8Q$-C_WM43 M<-)&8AF+B2;)];<#J<=@E$/8PBY@GO3"$Z;X M*T':2]O[L=>W\=4'??W!W@'[(QVS\`0KHF$0?+0W*\Q8A2=^X=J.L,,6"MY& M@]G;WP#+=\#3>(4G7G&.\)87NJI$+WB?I`8&/.#%,(;QS?:P@!B_V`$?&$@_ MBN!/EC)@`\CUAP=4EH.!E`,!7\J$0(C@X@*0LP M8]T3]^:\9DDOE-S@/;THBB\)^T-"!%-0"#@@+0+Y`*@:.ND&]#>']!F(.L3B M@%'YZD2"29Q`D%&H!;BV'PTX$547K8!:#"0&@\%!1R!QK:,QX$0/P)*.;ZV1 M+15%`1H.TE.T(!`K++K1CK:S/SY1:Y55A@/7]7-<`%T603_I.1?(`'6HHVV@ M^.,/H*(`&<9-!BZXS1^:*%0$>D"-1` MV/ZP`JC)76[U^8,O$?_(;PT4I=,^;]>FX='#?U0\K3:PJB#@%HQ';H!KG`FF MR/&>MZ;O+9!\*^0!+B3U!?[M#PQ49R!Q6-,"M"&0&`AFX9-4R@-2Y8]]Y60@ M6XL`T/WQR`L8QN,@%SF*.M*.0CW@#@)9QY0<0`B7*X=T_/8'!UY^$6M/BI8" MR3G"ZU<4&@PDS0S0M;PS76^B?YHZ2/*'TO^]#P6`2Y8",887.5%UA1M$#Z!B M0-[]X8-A44`M+'0`)`;RB*46H!UH+W;/#;(.X3W`#P-9@`8:0*+J2EN/#[#< M0#A@JFIS65*`__:D.Z*W"D"`?OZ8A28X(;:@1R`(`XF'XW]%`2>PA@&,FOS_ MP\+A]D0,Y!QN)YG5(X#U@7`!UT@]0T(:<`]_P-`"#LC%0,C1"EJTHK]"DG:S M5Q#TD$818&!VQUT/4'\%(1\T)RW))WCM0`_M\`[MP$OZ('!#Y1'R1@$YT`_O M0`_2X$7X-BQ9P`<0$`%$('G^]C#?X$50)A#YP$(/\$%61P'M5W3#,G@"X0?[ ML@#HX`^JP!+R@A4!*'LH\@Y*Z`[MX%LE\!-'$PKC]7L080%(U8!\QQ!^AWS[ ME',:T5((P!'MX#T0T`98(6_4T0`L]5R=IH,1\`3NL#4)DPPMZ`^:!Q26,!`S M>`$UV'GL9Q!(8'H$X6[D$80^0A[5D!5'&'*@]@!@_]@+`B$.#D0Z(,`,)I:% MC=,F!O$AQC2B#-&B#GE<0W'=Z`Z$(_!&$C\`?X>`/KG`!(9",%)`U)R<8`G@:R*8`D%@D M!'1H"X!Y">@0*%(A6S$F&+&%4/*)1<$%8,`%7"`%\S2&VF(<'%@4()`&7!`& MFP04)=@U@X`XY%!J#U.+>*B'N>B'.>@/@5@4!`&,(Q&$D,`2DC0*81R=`_I MC$C(@UCQ#1X`*A60`);H>R^'%G;A@`X!CD\BCDXY$!F((EPP$+7@!G0@!VXA M=(T7&O78)?XP0!3``C'Q;]2@=:LG$.S@=KKXAP7!!5*$!FMR&?X@"U[$*`)! ME`RPE!^'A/FQ%4'P$Q!0!MFX$!`@:G8Q`MO%E4[BE34B&#XP$%NP4OFQ>/3F M#_;&ECI(`3+I#Z*P'0OQ;_<@%A!P;OXP@D`!1OYP@P$9!_/'#@/!?2E2FUZT M"0-1"2RAF`*H$1TQ"0:P``:`6H`"+A%EE0WQ`(9W&V_1$)KI()S9$2O`%P/Q MF!3_`!S65YJGV8J_TC4"P4VOZ5JF!P,#80C\(4.Y*1@Z8!"F`!@.L`H#P1?D MZ0\)X'QC*1";<)RQQXA\V!&?X#T,@%&`@B)9D(T/<`,+@IE:2))=:9)%@0NZ M@`L>"B0:8HIVX`\OZ'R+1)I#AYJNN)K^("P,P70^,1(<(0Y\T1_U20$@$`=I ML*-8X`[YL#44L`'TX`\^J"V!1`+XH5^!8!&)>:!J%P&XD`L>B@M`0H=%(0/% MDP<6X0!ATI%PX0`]T"#>"!08NIDFV1@^IC(%D#>%EH+3I`#O@Z)KB9Z#X9:# MPIY,)PX(H"@.$`'>,R()UQC(A@#?X`]DD$:84V@-<%;V_[>G1^-T^Z*43OH3 MH;%2*T4`]G$B?NJGZ!-M%H=]#B(?H5&F#E(%"O!05T@'IZHRK,H`:RH0VM!0 M+^9H"H`F`I$!#R4#YV<`#G``E"`0/<`R]SD0#=!C!5!E_G`+/36K#K``*^D/ M']!CEAI4B>@/4-!3!O4`MR90!$$)6650!@50S.A/"O`__G`$:C6MERH0YT`Z M!W50MQ9D7NH`H.HD)^!HI-H@SQ`+LY!!!*$-LF`+`CNPML"?!#$+=M`%6[`( MOCD0N3`+LS!/,L@*MO`*>7<,LC`+#BH0SC`+`LL*OC40I1`'7B`&DJ`:!+$+ M'DNPML`*#.@/X+`(6R`&<>"O!O_1#ZN@!UT@!FT@";,`61X["]"9#"O+LN.S M)W$@!EZP!_J'76Y0KI-R`@J0K^-5M59+*53`+)2"`:1PM5[[M=*B"].2#T4( MMF9[MFB;MFJ[MFS;MF[[MDY2"!M+$-C`!Z@@$($`606Q#6%@!Q5F$.3`!F2@ M7QUA"'Z`!Z>`%7S`!X0@?!UQ#G!`!E79$8K@!WI@+AZ1#G=`=1T1!WYP"'P` M;P6A#7[`!WA@?AU1"*7K#'`K5PT@N@2!"@MP=@CP"QTQ#04`"5\@`(Q*$,

/4Q`)\`1P8`"2V;J@%`&,T!&I,`)9 MD$\,(+&\J*O^,`=M5A`E,*"#\)5@)R]FD&,&P0\%$"D%D#0&P0+VX@^08#<& M\0!B2P=74;RU8`!8P0VOVA&NT)C%.T_&0``O2[\+9+_XBP'X8!@-X+]T$@9: MP0"I$@L)H(DUP0$B$`%#VL`(,`,@L``(V`"FHPL(@(`6L`$D@#4>$0S9T0!_ MTA'/4`#]91"O`%`#,'8%L0!*I`\%4+8LK$`N;!"I@'`[0`<40,,#@0/FB@V? M9!`;P`<"\0D87!`.@`CFP`&XU\`&(`FBY1$$*19,5"\`HZ4``>EO&U-,`=6<0J$`;V^!/;GS'!U`/P!`` MK&L0@[``](`/%/`%'C&U_I`%7CP0_#``UY`5D(``[K`/&5#!!L$`I>`/:@"? M'8$`>B`(=G!V!J$,`Q"R!;$*D30-`^R^DZ`-(P!MH+Q`+L!Y!C$+P^$/4_`! MDXMS#Z`!N-D1@1`!#Q`'6$$"Q<0)+M`1_"`!%YD5!_P`^>01+4!=H:`"':$+ M)C`0(N!J!H$-$F#-840"(O`!&N`1+D`"'X"-X;S1'-W1'OW1(!W2(CW2)%W2 M)GW2*)W2*KW2+-W2+OW2,`VV`#`0`/]0TP1ATP)1TS-=$#I=&SO=%3WMTT'M M#S\=TUZ+TS^]TS.MU#1]TTTM+4QM%TEMU&>[U#G=U%$]U4_-TSA-U#J-U%Y= MU%V]U4DMUF--U$^MU&5=U%2]7%'MU6F]U6CM$5K-U%8]UV]]U7J=U70]U'=] MUVU]76_]U4']U4YM$'Z]UVC-UW--UHJ=TVR-UUB]UY$=V,`UV(>MU7HMV8W- MUW_]V'$-VIN]V78]VI5MV2>UUCQ-TV<=UJS=U9[-V7#-U6P-VZU=UY`-V:>- MVKS=V[[]V\`=W,(]W,1=W,;MMH3=V--2VT.]VE_1W*.-V&.MVKK]VL?-()J] MW(<=W=R=%=FJ#=C.C=>8/=79?=T^;=VL'=I^C=33/=W;W=-9W=K=O=AT/=F1 MO=2%+=?F+=7J_=C@G=G^O=W*3=]YW1&57=ZD+==@?=4(OM]`W=^", M;=K6O=Y8<>"&;>")O=KDK=\._N`!'N$`3N*RK=RQ7=OUG>#=K=GC/=GS'>+> M'=JS7=WK3>'H_=IK_=G-S=SEK>%BG>,W+N, -----END PRIVACY-ENHANCED MESSAGE-----