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Herley Subsidiary Receives $4M Development and Production Contract
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Saturday, May 26, 2012


Herley Subsidiary Receives $4M Development and Production Contract

(Lancaster, Pa., July 8, 2010) -- Herley Industries, Inc. (Nasdaq: HRLY) today announced that its Micro Systems, Inc. subsidiary of Fort Walton Beach, Florida, has received a development and production contract valued at over $4M from the US Navy for the development and production of a Datalink Transmitter / Receiver Unit. The scope of work encompasses the design of the unit and production of two first articles and 17 production units.

Wayne Armstrong, Micro Systems' President commented, "We welcome the challenge of this development program and look forward to continuing our business relationship with this long standing customer."

Source : Herley Industries, Inc.

Published on ASDNews: Jul 9, 2010

 

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