Herley Received a 5 Year IDIQ Award for RWR Hardware
Lancaster, Pa. - Herley Industries, Inc. (Nasdaq: HRLY) today announced that its Herley New England Division, in Woburn, Massachusetts, has received a five-year IDIQ award from a U.S. major prime contractor to provide diplexers and attenuators for use in Radar Warning Receivers (RWR) systems.Radar Warning Receivers are an important part of threat warning systems which are fitted to a variety of fixed-wing and tilt-wing military aircraft and helicopters to detect radar signals, determine the threat levels, and command countermeasures.
John McClay, President of the Herley New England Division, commented, "Herley New England is pleased to continue to support our long-term customer for these products. We expect to receive the first release against this new IDIQ award within the next few weeks. This award has an estimated potential value of more than $12 million over the next five years."
Source : Herley Industries, Inc.

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