Satnews Daily
December 14th, 2011

Kratos Defense & Security Solutions... Assembly Agreement (ISR)


[SatNews] Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) has announced today its Herley Industries, Inc. subsidiary has received....

....$3.9 million in follow-on contract awards to provide high frequency switch assemblies for a U.S. customer. These assemblies are used in U.S. Intelligence, Surveillance and Reconnaissance (ISR) aircraft. This award is the latest in a series of follow-on awards for an existing customer and program which total over $12 million this year. The assemblies will be manufactured by Herley's operation in Israel and will be used for ongoing upgrades to a U.S. aircraft. No additional information is being provided due to customer and other sensitivities. 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 Woburn, Massachusetts, Herley has seven manufacturing locations and approximately 1,000 employees.