Herley Industries Receives a $2 M Award for Boeing CALCM Test Kit Components

(Lancaster, Pa., November 8, 2007) -- Herley Industries, Inc. (Nasdaq: HRLY) announced that Boeing has awarded its Lancaster Pennsylvania division a follow-on contract valued at approximately $2 million to provide electronic components for Boeing's Test Instrumentation Kits for its Conventional Air-Launched Cruise Missile (CALCM).

CALCM is described by the Air Force as an affordable, long-range (standoff) missile that has been proven in combat by the U.S. Air Force. The test kits are used to monitor in-flight missile performance. The kits also allow for remote command-and-control and flight termination of CALCMs during operational testing, transmitting the information to the flight test control center.

Myron Levy, Herley's Chairman and CEO, commented, "Herley has been a proven supplier of quality electronic components for Boeing for many years. We appreciate repeat business such as this, which demonstrates their continuing confidence in Herley."

Source : Herley Industries Inc.

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