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FEI-Zyfer Announces Contract Awards for Approximately $6.0 Million
Globenewswire· 2026-01-12 14:00
Company Overview - FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (NASDAQ-FEIM), specializes in precision timing and frequency control products, recently securing contracts worth approximately $6.0 million in Assured-PNT for secure communications and synchronization systems in airborne avionics [1][2] - Frequency Electronics, Inc. is recognized as a leader in high precision timing, frequency generation, and RF control products for both space and terrestrial applications, serving various sectors including military, government, and commercial systems [3] Business Performance - The recent contracts highlight the company's role as a trusted supplier in mission-critical areas, reflecting the increasing demand for secure information exchange in military and enforcement operations [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, indicating a strong reputation in the industry [3] Strategic Focus - The company emphasizes a commitment to research and development to enhance its capabilities and expand into new markets, aiming to transform laboratory discoveries into practical products [3] - FEI's mission is to maintain a legacy of delivering unique precision time and frequency generation products while adapting to future needs, thereby creating value for customers, employees, and shareholders [3]