Herley Israel Wins $5 Million Contract
March 2, 2010 (FinancialWire) — Herley Industries, Inc. (NASDAQ: HRLY) said that its Israeli subsidiary, Herley Israel, has received a follow-on award valued at around $5 million to provide various Integrated Microwave Assemblies for an international customer.
Yonah Adelman, GM for the firm’s Israeli operations said the award is for an existing customer and program for which Herley Israel provides hardware used in an airborne application.
Delivery of the IMAs will be over the next two years, and the company said it expects to continue to support our customer on this program over the next five years.
Herley Israel has developed a range of high-performance microwave control components, sources and integrated assemblies.
Pennsylvania-based Herley Industries is engaged in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide.
Herley has seven manufacturing locations and around 1000 employees.
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