EXHIBIT 23.1



                         CONSENT OF INDEPENDENT AUDITORS


We consent to the reference to our firm under the caption "Experts" in the
Registration Statement on Form S-8 of Allegheny Teledyne Incorporated and to the
incorporation by reference therein of our report dated January 19, 1998 with
respect to the consolidated financial statements of Allegheny Teledyne
Incorporated, previously incorporated by reference into Allegheny Teledyne
Incorporated's Annual Report on Form 10-K for the fiscal year ended December 31,
1997, as amended, filed with the Securities and Exchange Commission.


/s/ Ernst & Young LLP
Ernst & Young, LLP
Pittsburgh, Pennsylvania

July 14, 1998