Herley Industries Receives $1 Million Defense Contract
February 11, 2010 (FinancialWire) — Herley Industries, Inc. (NASDAQ: HRLY) said that its Herley Lancaster division has received a follow-on contract valued at more than $1 million from a U.S. prime contractor to manufacture multi-function integrated microwave assemblies for a U.S. Navy electronic attack aircraft.
The award to Herley Lancaster is for the production of frequency up converters for delivery over the next year.
Herley specializes in complex microwave assemblies such as these at Herley Lancaster, and at several of its other domestic business locations and in Israel.
In July of 2009, Herley New England was awarded a $16.4 million award for the manufacture of a range of multi-function IMAs for this same prime contractor and U.S. Navy aircraft, according to the company.
Pennsylvania-based Herley Industries is engaged in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide.
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