Herley Receives $11 M to Provide Electronics for a US Missile Program

(Lancaster, Pa., June 8, 2009) -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Lancaster division has received a subcontract valued at approximately $11 million from a major prime contractor for the continuing production of electronic hardware for a U.S. missile program.

Myron Levy, Herley's Chairman and CEO, commented, "This is an annual award for flight instrumentation originally developed by Herley Lancaster a number of years ago. Herley has supported this customer for many years, and we are approximately half way through the expected production life of this program. We are very proud of the work that the Company does in support of the U.S. Government, and we look forward to supporting our customer and this important missile program throughout its intended life."

Source : Herley Industries, Inc.