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Herley's Lancaster division receives $1 million contract from U.S. prime contractor

Herley Industries, Inc. (NASDAQ:HRLY) announced today that its Herley Lancaster division has received a follow-on contract valued at more than $1 million from a major U.S. prime contractor to manufacture multi-function integrated microwave assemblies (IMAs) for a U.S. Navy electronic attack aircraft.

Richard F. Poirier, CEO and President, commented, "This 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 our 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 variety of multi-function IMAs for this same prime contractor and U.S. Navy aircraft. We have supported this customer and program for many years, and we expect to continue to do so for years to come."

Press release issued by Herley Industries Inc. on February 10, 2010


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Herley Industries Inc. Navigation Antennas, Communication Antennas, Data Acquisition Systems, Instrument Landing Systems, Telemetry Equipment, GPS, Microwave Components, Radar/Radio Altimeters, Radar Transponders


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