nt in productivity and reflect the Company's underlying strength. Revenues are up, profits are up, and bookings continue to be strong. We are a valued supplier on many essential military programs for the U. S. Government, U. S prime contractors, and the international marketplace. The Company's backlog has risen from a record $178 million in January of 2009 to approximately $186 million today, with over $52 million of the current backlog at our Israeli operations, Herley General Microwave Israel and Eyal."
Mr. Levy continued, "More than many of our peers, we have focused on investing in the international defense marketplace for new products, new programs, and new technologies. Approximately 50% of the overall defense business available is international, and our long-time goal is to realize 50% of our business from the international defense community. We are beginning to see a return on our investments. Currently foreign sales are approximately 33% of net sales, and we expect that number to grow. The combination of our General Microwave Israel and Eyal operations is helping to make us a major player in the international defense community for sophisticated microwave products."
A Conference Call has been scheduled for 9:00 a.m. Eastern Time on Friday, June 12, 2009. Interested parties may join the conference by dialing: (888) 425-4188 referencing Conference ID # 12744436.
Replay of the conference call is scheduled to begin on June 12, 2009, two hours after completion of the call, and end on June 19 at 11:59 p.m. Eastern Time. To listen to the replay dial: 1 (800) 642-1687 (U.S.) or 1 (706) 645-9291 (International), and Conference ID #12744436.
This conference call will be broadcast live over the Internet and can be accessed by interested parties through URL:
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