Herley Receives Contract for GPS-based Missile Tracking Hardware

Lancaster, Pa.-based Herley Industries [Nasdaq: HRLY] received a contract from the U.S. Navy and Air Force‘s Joint Advanced Missile Instrumentation Program to supply GPS-based time space position indicator processor unit. The first application for this GPS tracking will be the advanced medium range air-to-air missile The contract with options is expected to total $1.9 million.