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Frequency Electronics Inc. Announces a contract award valued at approximately $6.0 million
Globenewswire· 2026-01-27 14:28
Core Insights - Frequency Electronics, Inc. has received follow-on contracts valued at approximately $6 million from a major aerospace company for precision "g" compensated Oven-controlled Quartz Oscillators (OCXO) [1] - Additional contracts for over $2 million are anticipated within three months, indicating strong demand for the company's products in government software-defined radio systems [1][2] Company Overview - Frequency Electronics, Inc. is a leader in precision timing and frequency control products for both space and terrestrial applications, with products utilized in various sectors including military, government, and commercial systems [2] - The company has received over 100 awards for excellence in providing high-performance electronic assemblies for more than 150 space and Department of Defense programs [2] - The company emphasizes significant investment in research and development to expand its capabilities and market reach [2]
Frequency Electronics Inc. Awarded Contract for Geostationary Satellite Constellation
Globenewswire· 2026-01-06 14:00
Core Insights - Frequency Electronics, Inc. has been awarded a significant contract valued at approximately $9.2 million to provide precision time and frequency systems for a geostationary environmental satellite program [2][3] Group 1: Contract Details - The contract includes the provision of oscillators, frequency distribution units, and spares for integration into three satellites, with deliveries scheduled through 2028 [2] - There is potential for four additional satellites to be procured in the future to augment the constellation [2] Group 2: Company Capabilities - The contract underscores FEI's capability to perform in geostationary (GEO) constellations, highlighting the reliability of its quartz oscillators, which are critical for space and defense applications [3] - FEI has a long-standing relationship with heritage customers, which is reflected in the trust placed in its products [3][4] Group 3: Company Overview - Frequency Electronics, Inc. is a leader in the design, development, and manufacture of high precision timing, frequency generation, and RF control products for both space and terrestrial applications [4] - The company's products are utilized in various sectors, including satellite payloads, military systems, and secure communications [4] - FEI has received over 100 awards for excellence in providing high-performance electronic assemblies for more than 150 space and Department of Defense programs [4]