Herley Awarded $11.7M to Provide IMAs for US Navy Electronic Attack Aircraft

(Lancaster, Pa., March 3, 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 $11.7 million from a major U.S. Prime contractor. Herley New England will manufacture a number of multi-function integrated microwave assemblies (IMAs) for a U.S. Navy Electronic Attack Aircraft.

Richard F. Poirier, CEO and President, said, "This award is the latest in a series of significant awards received from this U.S. Prime contractor over the last few years for IMA's for use aboard this Navy Aircraft. Herley New England continues to meet and exceed customer expectations for this important long-term program. With this award, Herley New England has a record backlog exceeding $50 million."

Source : Herley Industries, Inc.