Herley Industries subsidiary wins $5 million contract to provide technology for US Navy

Herley Industries wins $5 million Navy contract

LANCASTER, Pa. — Herley Industries Inc., which provides microwave communications systems and other technology, said Monday it has received a $5 million contract from the U.S. Navy.

Its subsidiary Herley-CTI, based in Whippany, N.J., will provide microwave equipment for a Navy attack aircraft, the company said.

Herley shares gained a penny to $14.76 in afternoon trading.