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Security & Defense In-Focus: Herley Wins $3.4 Million Navy Award

April 23, 2010 (FinancialWire) — Herley Industries, Inc. (NASDAQ: HRLY) said that it has received an option award of around $3.4 million to supply Tactical Instrument Landing Systems for both the F/A-18E/F/G and E-2D Naval aircraft.

According to Herley, this is the fifth award against the five-year contract for Herley.  

The AN/ARA-63 TILS is a microwave landing system that provides precise elevation and azimuth guidance information necessary for aircraft carrier landings. The system began as an initial multi-year contract for the F/A-18E/F Boeing 'Super Hornet' and was expanded to cover the E/A-18G 'Growler' jammer aircraft and the E-2D 'Advanced Hawkeye' radar surveillance aircraft.

Pennsylvania-based Herley Industries is engaged in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide.

The firm has seven manufacturing locations and around 1000 employees.

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