Press release
05/05/2010
Herley Industries, Inc. (NASDAQ:HRLY) announced today that its Herley New England division in Woburn, Massachusetts has been awarded a contract valued at approximately $2.5 million to supply multi-function integrated microwave assemblies (IMAs) to a major U. S. Prime contractor.
The IMAs will be used in the electronic support measures system of the initial production order of P-8 maritime patrol and reconnaissance aircraft for an international customer. The P-8A "Poseidon" is being developed for the U. S. Navy, and will be a long-term production program for the U. S. and international militaries.
Richard F. Poirier, CEO and President, said, "Herley has been a trusted supplier to major U. S. Prime contractors on numerous important military programs for nearly forty-five years. We are very pleased that Herley New England has once again earned a place in the production of this new, long-life program."
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