Herley Industries
From Wikipedia, the free encyclopedia
| Herley Industries | |
 |
|
| Type | Public |
|---|---|
| Founded | 1956 |
| Headquarters | Lancaster, Pennsylvania, USA |
| Key people | Myron Levy, Chairman and Chief Executive Officer |
| Industry | microwave technology |
| Products | defense and commercial technology |
| Employees | approximately 1,000 |
| Slogan | "Proven Microwave Technology for defense and commercial markets worldwide." |
| Website | www.herley.com |
Herley Industries, based in Lancaster, Pennsylvania, is an American company that specializes in supplying microwave and millimeter wave products to defense and aerospace industries. They provide solutions for radars, flight instrumentation, weapon sensors, electronic warfare systems and guidance systems for contractors, the U.S. government, as well as governments and militaries worldwide. [1]Founded in 1965, Herley's success is due to its many acquisitions of companies such as Vega Precision, Metraplex Corporation, and Innovative Concepts throughout its history. Recently, Herley has been under investigation for allegedly defrauding the U.S. military out of $2.8 million, by falsely inflating prices for two radar-system parts. Three of the company’s three largest plants are under suspension, meaning they cannot initiate any new federal contracts. The plants that are affected are the plants in Lancaster, Pennsylvania; Woburn, Massachusetts; and Farmingdale, New York; as well as a Chicago marketing office. Those locations were allegedly used in the company’s fraudulent schemes. The indictment affected Herley’s stock, as it tumbled all the way to 34% at $10.06 a share, the lowest since November 1998.[2]
[edit] History
- Through a small acquisition in June 1986 the Company entered the flight instrumentation business beginning with the design and manufacture of range safety transponders.
- In September 1992, the Company acquired substantially all of the assets of Micro-Dynamics, Inc. of Woburn, Massachusetts, a microwave subsystem designer and manufacturer
- In June of 1993, the Company acquired Vega Precision Laboratories, Inc. ("Vega") of Vienna, Virginia
- In July 1995, the Company acquired the government systems business of Stewart Warner Electronics of Chicago, Illinois, a manufacturer of high frequency radio and IFF interrogator systems.
- In August 1997, the Company acquired Metraplex Corporation of Frederick, Maryland, allowing the Company entry into the airborne PCM and FM telemetry and data acquisition systems market.
- In January 1999, Herley Industries acquired General Microwave Corporation of Farmingdale, New York, a microwave subsystem manufacturer with a 30 year history in the industry.
- In January 2000, Herley acquired Robinson Labs in Nashua, New Hampshire, a manufacturer of microwave components used in commercial wireless and defense applications
- In October 2000, Herley acquired American Microwave Technologies (AMT) in Anaheim, California, a manufacturer of solid-state broadband RF amplifiers used by the scientific and medical markets.
- In September 2002, Herley acquired EW Simulation Technology Ltd., a UK manufacturer of electronic warfare simulator systems, increasing Herley's presence in the EW market and in the international market.
- In March 2004, Herley acquired Communication Techniques, Inc., of Whippany, New Jersey, a manufacturer of phase locked sources and fast frequency changing direct synthesizers.
- In September 2004, Herley acquired Reliable System Services, of Melbourne, Florida, which has focused on satellite-based command & control systems for defense customers.
- In February 2005, Herley acquired Micro Systems, Inc. of Fort Walton Beach, Florida. Micro Systems is a recognized market leader in engineering, design and manufacturing of command & control systems for operation and tracking of unmanned aerial, seaborne and ground targets and missiles.
- In April 2005, Herley acquired Innovative Concepts, Inc., of McLean, Virginia a company providing wireless communications technology and real-time embedded systems, software, hardware and high-speed processing in support of the defense industry.
[edit] Companies operated by Herley Industries
Herley Industries, Inc.
101 North Pointe Boulevard
Lancaster, PA 17601
Phone: (717) 735-8117
Fax: (717) 397-9503
Herley New England
(formerly Herley MDI)
10 Sonar Drive
Woburn, MA 01801
(781)729-9450
Herley Farmingdale
(formerly General Microwave)
425 Smith Street
Farmingdale, NY 11735
(631) 630-2000
Herley Power Amplifier Systems
425 Smith Street
Farmingdale, NY 11735
(631) 630-2400
EW Simulation Technology
Unit B9 Armstrong Mall
Southwood Business Park
Farnborough
Hants, GU14 0NR, UK
+44 (0) 1252 512951
Micro Systems, Inc.
35 Hill Avenue
Fort Walton Beach, FL 32548-3858
(850) 244-2332
Herley Lancaster
(formerly Herley Vega)
3061 Industry Drive
Lancaster, PA 17603
(717) 397-2777
Herley Chicago
(formerly Stewart Warner Electronics)
2250 E. Devon Ave.
Suite 211
Des Plaines, IL 60018
(847) 827-2275
Herley General Microwave Israel
Pierre Koenig 20
POB 53278, Ground Floor
Jerusalem, Israel 91531
972-2-5689444
Herley CTI
9 Whippany Road
Whippany, NJ 07981
(973) 884-2580
Herley RSS
91 East Drive
Melbourne, Florida 32904
(321) 255-6500
Innovative Concepts, Inc.
8200 Greensboro Drive
Suite 700
McLean, VA 22102
(703) 893-2007
Herley Medical Products
3061 Industry Drive
Lancaster, PA 17603
(717) 397-2777
[edit] References
- ^ Herley Industries. Herley. Retrieved on June 18, 2006.
- ^ Herley under investigation. Lancaster Online. Retrieved on June 18, 2006.
- ^ Herley Industries History. Herley. Retrieved on June 18, 2006.
- ^ Herley Industries Companies. Herley. Retrieved on June 18, 2006.
