| Central Penn Business Journal
Herley parent Kratos lands $22.5M Navy contract
Kratos Defense & Security Solutions Inc., the parent company of Lancaster County-based Herley Industries Inc., is part of a team of companies that will work on U.S. Navy computer systems in a contract worth $22.5 million.
San Diego-based Kratos was included on a team of companies assembled by Virginia-based SAIC to provide systems engineering, software development, test and evaluation, and program management services for ocean surveillance systems of the Navy's Space and Naval Warfare Systems Center Pacific, according to the companies.
The total award in the three-year contract to SAIC was $72 million, including extension options. The contract is the second such one that SAIC landed in March, including the $230 million contract with the Navy's Atlantic division of the Space and Naval Warfare Systems Center.
Kratos said it will provide support for systems integration, engineering and planning for the Navy's command, control, communications, computers and intelligence — also called C4I — networks as part of the Pacific contract. It includes work with joint, national and foreign military commands, according to the companies.
Kratos representatives did not immediately return a call for comment.
East Hempfield Township-based Herley Industries designs and builds microwave-based communication and guidance systems for military and commercial uses. Its Israeli subsidiary, Herley GMIC Eyal, specializes in C4I systems. Herley acquired the company in 2008.
Last year, Kratos acquired Herley for $270 million. Kratos is traded on the Nasdaq under the ticker symbol KTOS. Its stock price was up nearly 10 percent this morning.