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Herley Subsidiary to Provide Complex Microwave Switch Assemblies
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Friday, Feb 10, 2012


Herley Subsidiary to Provide Complex Microwave Switch Assemblies

(Lancaster, Pa., June 4, 2009) -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its GMI Eyal subsidiary, in Israel, has recently received contracts valued at approximately $4 million to provide various complex microwave switch assemblies for a U.S. customer. These are follow-on awards for an existing customer and program. The hardware will be used for ongoing upgrades to a U.S. aircraft.

Herley Industries, Inc. acquired Eyal Microwave Industries, ("EMI") last year to gain market share in command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems.


Myron Levy, Herley's Chairman and CEO, commented, "GMI Eyal is proving to be a good acquisition for Herley, with steady growth and good performance. Yonah Adelman is General Manager for both of our Israeli manufacturing operations. Yonah and his team have built a strong business relationship with this customer, and we believe that we will see additional contract awards within the next few months and in the future."

Source : Herley Industries, Inc.

Published on ASDNews: Jun 5, 2009

 

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