LANCASTER, Pa., July 2 /PRNewswire-FirstCall/ -- Herley Industries, Inc. (Nasdaq: HRLY) announced today that its Herley New England Division in Woburn, Massachusetts has been awarded a contract valued at approximately $2.8 million by an international customer to develop and produce a complex integrated microwave assembly (IMA) to be used in the CAPTOR Radar on the Eurofighter Typhoon.

Developed by Europe's leading aerospace companies, Eurofighter Typhoon is the aircraft of choice for six nations' Air Forces - Germany, Italy, Spain, United Kingdom, Austria and the Kingdom of Saudi Arabia. The CAPTOR Radar is a multi-mode pulse-Doppler Radar which provides Air-to-Air and Air-to-Surface features.

Richard Poirier, President of Herley New England, commented, "We look forward to a long business relationship with our international customer on this important program."

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 seven 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) 735-8117
    Peg Guzzetti                                    www.herley.com
    Investor Relations

Safe Harbor Statement - Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. Forward-looking statements involve various important assumptions, risks, uncertainties and other factors which could cause our actual results to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this discussion can be identified by words such as "anticipate," "believe," "could," "estimate," "expect," "plan," "intend," "may," "should" or the negative of these terms or similar expressions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance or achievement. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors including but not limited to, competitive factors and pricing pressures, changes in legal and regulatory requirements, cancellation or deferral of customer orders, technological change or difficulties, difficulties in the timely development of new products, difficulties in manufacturing, commercialization and trade difficulties and current economic conditions, including the potential for significant changes in US defense spending under the new Administration which could affect future funding of programs and allocations within the budget to various programs as well as the factors set forth in this report and in our public filings with the Securities and Exchange Commission.

SOURCE Herley Industries, Inc.

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