Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SMITH MICHAEL T
   2. Issuer Name and Ticker or Trading Symbol
TELEDYNE TECHNOLOGIES INC [TDY] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
1049 CAMINO DOS RIOS		 3. Date of Earliest Transaction (Month/Day/Year)
10/01/2007
(Street)

THOUSAND OAKS, CA 91360		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Employee Director Stock Option (right-to-buy) $ 19.55 10/01/2007   D     613   (1)(2) 01/03/2015 Common Stockk 613 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 29.33 10/01/2007   A   613     (1)(2) 01/03/2015 Common Stock 613 (1) (2) 613 D  
Non-Employee Director Stock Option (right-to-buy) $ 17.99 10/01/2007   D     377   (1)(2) 01/25/2015 Common Stock 377 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 26.99 10/01/2007   A   377     (1)(2) 01/25/2015 Common Stock 377 (1) (2) 377 D  
Non-Employee Director Stock Option (right-to-buy) $ 20.87 10/01/2007   D     115   (1)(2) 02/17/2015 Common Stock 115 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 31.31 10/01/2007   A   115     (1)(2) 02/17/2015 Common Stock 115 (1) (2) 115 D  
Non-Employee Director Stock Option (right-to-buy) $ 20.33 10/01/2007   D     236   (1)(2) 02/22/2015 Common Stock 236 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 30.5 10/01/2007   A   236     (1)(2) 02/22/2015 Common Stock 236 (1) (2) 236 D  
Non-Employee Director Stock Option (right-to-buy) $ 18.26 10/01/2007   D     240   (1)(2) 04/26/2015 Common Stock 240 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 27.4 10/01/2007   A   240     (1)(2) 04/26/2015 Common Stock 240 (1) (2) 240 D  
Non-Employee Director Stock Option (right-to-buy) $ 19.51 10/01/2007   D     123   (1)(2) 04/27/2015 Common Stock 123 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 29.27 10/01/2007   A   123     (1)(2) 04/27/2015 Common Stock 123 (1) (2) 123 D  
Non-Employee Director Stock Option (right-to-buy) $ 21.78 10/01/2007   D     110   (1)(2) 06/28/2015 Common Stock 110 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 32.67 10/01/2007   A   110     (1)(2) 06/28/2015 Common Stock 110 (1) (2) 110 D  
Non-Employee Director Stock Option (right-to-buy) $ 21.89 10/01/2007   D     548   (1)(2) 07/01/2015 Common Stock 548 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 32.84 10/01/2007   A   548     (1)(2) 07/01/2015 Common Stock 548 (1) (2) 548 D  
Non-Employee Director Stock Option (right-to-buy) $ 22.79 10/01/2007   D     438   (1)(2) 07/26/2015 Common Stock 438 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 34.19 10/01/2007   A   438     (1)(2) 07/26/2015 Common Stock 438 (1) (2) 438 D  
Non-Employee Director Stock Option (right-to-buy) $ 22.79 10/01/2007   D     263   (1)(2) 07/26/2015 Common Stock 263 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 34.19 10/01/2007   A   263     (1)(2) 07/26/2015 Common Stock 263 (1) (2) 263 D  
Non-Employee Director Stock Option (right-to-buy) $ 25.57 10/01/2007   D     117   (1)(2) 08/03/2015 Common Stock 117 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 38.36 10/01/2007   A   117     (1)(2) 08/03/2015 Common Stock 117 (1) (2) 117 D  
Non-Employee Director Stock Option (right-to-buy) $ 24.48 10/01/2007   D     122   (1)(2) 08/23/2015 Common Stock 122 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 36.77 10/01/2007   A   122     (1)(2) 08/23/2015 Common Stock 122 (1) (2) 122 D  
Non-Employee Director Stock Option (right-to-buy) $ 23.54 10/01/2007   D     127   (1)(2) 10/25/2015 Common Stock 127 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 35.32 10/01/2007   A   127     (1)(2) 10/25/2015 Common Stock 127 (1) (2) 127 D  
Non-Employee Director Stock Option (right-to-buy) $ 20.5 10/01/2007   D     438   (1)(2) 12/14/2015 Common Stock 438 (1) (2) 0 D  
Non-Employee Director Stock Option (right-to-buy) $ 30.76 10/01/2007   A   438     (1)(2) 12/14/2015 Common Stock 438 (1) (2) 438 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITH MICHAEL T
1049 CAMINO DOS RIOS
THOUSAND OAKS, CA 91360		   X      

Signatures

 Michael T. Smith by Melanie S. Cibik pursuant to Power of Attorney previously filed with SEC.   10/01/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) (1) On October 1, 2007, the reporting person and Teledyne Technologies Incorporated agreed to amend non-employee director stock options granted to the reporting person in 2005 in lieu of cash retainer fees and meeting fees to increase the per share exercise price of those stock options to an amount equal to the fair market value of a share of common stock of Teledyne Technologies Incorporated on the date of grant for each option. The exercise prices of the original option grants in 2005 were determined by a formula that was based on the fair market value of common stock of Teledyne Technologies Incorporated on the date of grant and then adjusted to account for a prepayment of the exercise price equal to the amount of retainer fees and/or meeting fees foregone. The purpose of the amendment is to avoid adverse tax consequences under Section 409A of the Internal Revenue Code. (Continued in footnote 2)
(2) The amendment of each stock option is reported in this Form 4 as a cancellation of the original option and the grant of a replacement option. In connection with the amendment, the reporting person will become entitled to receive, on January 2, 2008, a payment of $40,600.00, which payment the reporting person has elected to receive in the form of phantom stock pursuant to the Teledyne Technologies Incorporated Executive Deferred Compensation Plan. All the stock options reported herein are fully vested.

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