5 Electronics Technicians from Herley Industries submitted salaries.
Herley Industries was a producer of RF, millimeter, and microwave subsystems and components. Beginning in 1965, Herley manufactured and designed microwave systems primarily for military applications. The company adopted and acquisitions strategy in 1986 and continually gained market presence. However, on February 11, 2011 Herley Industries was acquired by Kratos Defense & Security Solutions, Inc. Sales per share of the microwave manufacturer sold at $19 resulting in a total purchase of $270 million USD.
Now operating under the Kratos name Herley's headquarters moved from Lancaster, Pennsylvania to San Diego, California. The corporations present strategy has now begun to incorporate foreign and commercial use of their military based technologies. Such sales currently make up 1/4 Herley's revenue. In 2010, Herley posted revenue of approximately $188 million. Kratos's revenue for 2011 surpassed $400 million.
Employees at Kratos Defense (formerly Herley Industries) amount to just over 4,000 people. Positions of employment at Kratos are located in the U.S., which effectively closed Herley operations in Israel, and the U.K. Kratos offers its employees established industry benefits along with unique ones. Overall compensation is slightly below par to Kratos's competitors.
Systems Design Engineer is the highest paying job at Herley Industries at $131,000 annually.
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