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Herley Adds $1.2 M for Complex IMA for U.S. Electronic Attack Aircraft
(Lancaster, Pa., March 14, 2008) -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Herley New England division in Woburn, Massachusetts, has received an additional award of approximately $1.2 million from a major U.S. defense contractor for the manufacture of complex Integrated Microwave Assemblies (IMA) for an electronic attack aircraft for the U.S. Navy. Herley announced a $9.8 million contract in February for this customer. The additional award brings the total value of the contract to $11 million, the largest award ever received by the Woburn division.
Herley Chairman and CEO, Myron Levy, said, "Herley New England has provided these multi-function Integrated Microwave Assemblies for U.S. electronic attack aircraft for a number of years. These awards demonstrate that our customers know that they can depend on Herley New England products."
Source : Herley Industries Inc.
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