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Herley Gets $2.3 Million in International Bookings

Fri, 07/30/2010 - 10:29am
Manufacturing.net

Herley Gets $2.3 Million in International Bookings

LANCASTER, Pa., July 30 /PRNewswire-FirstCall/ -- Herley Industries, Inc. (Nasdaq: HRLY) announced today it has recently received contracts totaling approximately $2.3 million for microwave switch assemblies and integrated microwave assemblies for international customers.   These products will be produced at the company's Israeli operation, General Microwave Israel Corporation ("GMIC").

Richard Poirier, CEO and President, commented, "GMIC designs and develops a broad range of high-performance microwave control components, sources and integrated assemblies and is recognized in the industry for its quality hardware.  These are typical of the kind of awards routinely received at our Israeli facility."  

John A. Thonet, Chairman of the Board, commented, "Herley has focused on the international market for many years, and our GMIC business is an important contributor to our growing international presence.  This year approximately 34% of our revenues will be derived from foreign sales."  

Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has six manufacturing locations and approximately 1000 employees. Additional information about the company can be found on the Internet at www.herley.com

For information at Herley contact:

  Tel:  (717) 397-2777

  Peg Guzzetti

  Investor Relations

SOURCE

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