UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                    FORM 8-K
                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 7, 2003
                                                  ---------------

                          Commission File Number 0-5411

                             HERLEY INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)

           DELAWARE                                           #23-2413500
- -------------------------------                         ----------------------
(State or other jurisdiction of                        (I.R.S.  Employer
 incorporation or organization)                         Identification Number)

101 North Pointe Boulevard, Lancaster, Pennsylvania                    17601
- ---------------------------------------------------                  --------
(Address of Principal Executive Offices)                            (Zip Code)

       Registrant's Telephone Number, including Area Code: (717) 735-8117
                                                           --------------

         --------------------------------------------------------------
        (Former name, former address and former fiscal year, if changed
                              since last report.)





ITEM 7.       FINANCIAL STATEMENTS AND EXHIBITS.

         (c)  Exhibits.

              99.1    Earnings  Release  dated October 7, 2003,  announcing  the
                      Registrant's  financial results for the fourth quarter and
                      fiscal year ended August 3, 2003.

ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

         The  information  in this  Form  8-K  Current  Report  and the  exhibit
attached  hereto is  furnished  and shall not be deemed  "filed" for purposes of
Section 18 of the  Securities  Exchange Act of 1934,  as amended (the  "Exchange
Act"), or otherwise subject to the liabilities of that Section,  nor shall it be
deemed  incorporated  by  reference  in any filing of the  Registrant  under the
Securities  Act of 1933,  as amended,  or the Exchange  Act,  except as shall be
expressly set forth by specific reference in such a filing.

         On October 7, 2003, Herley Industries,  Inc. issued an earnings release
announcing  its financial  results for the fourth  quarter and fiscal year ended
August 3, 2003.  A copy of the  earnings  release is attached  hereto as Exhibit
99.1.

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                             HERLEY INDUSTRIES, INC
                             ----------------------
                                   Registrant

                      By: /s/ Anello C. Garefino
                          -------------------------------
                            Anello C. Garefino
                            Vice President Finance/CFO
                            (Principal Financial Officer)

DATE: October 10, 2003