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Herley Receives Wins $2.3 Million Defense Award

March 6, 2009 (FinancialWire) -- Herley Industries, Inc. (NASDAQ: HRLY) said that its Herley CTI subsidiary in Whippany, New Jersey has received an award valued at around $2.3 million from a U.S. defense contractor to manufacture integrated microwave assemblies for an electronic attack aircraft for the U.S. Navy.

Company CEO Myron Levy said that the award is in addition to an $8.2 million award to Herley New England that was reported on March 5, for a combined award of $10.5 million to Herley for this customer and program.

Lancaster, 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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