Herley's Micro Systems Awarded $8.2 M by US Navy
(Lancaster, Pa., September 26, 2008) -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Ft. Walton Beach subsidiary, Micro Systems, Inc., has been awarded contracts valued at $8.2 Million from Naval Air Systems Command PMA 208 of Patuxent River, MD.
The award is for additional system hardware and target transponders to replace units that have been consumed in normal operations of the System for Naval Target Control (SNTC) and for sustaining logistics and engineering support of the products that have previously been delivered.
Micro Systems' president, Wayne Armstrong commented, "We are delighted to continue our support of the SNTC Program. We have enjoyed a long and successful partnership with the Navy on the program and are proud to remain a valued member of their team."
Source : Herley Industries Inc.
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