Herley Awarded $5.7M for a US Missile Program

(Lancaster, Pa., July 1, 2010) -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Lancaster division has been awarded a contract valued at more than $5.7 million from a U.S. prime contractor for the production of flight termination transponders to be used in a U.S. missile program.

Howard M. Eckstein, Division President of Herley's Lancaster division, commented, "Herley Lancaster has produced precision hardware for this customer and program for many years. We have built a strong business relationship with our customer, and we expect to continue to support them for many years to come. Follow-on contracts such as this are a clear indication of continued customer satisfaction."

Richard Poirier, Herley's CEO and President, commented, "Herley Lancaster has been recognized as a valued supplier to the U.S. militaries and prime contractors for over 40 years. I congratulate them on this important award."

Source : Herley Industries, Inc.