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MITCHEL FIELD, N.Y., Nov. 20, 2023 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Firm”) (NASDAQ-FEIM) pronounces a contract award of roughly $19m from a significant U.S. aerospace prime contractor to produce on-board precision frequency-generation methods for a multi satellite tv for pc program. Below this contract, FEI will develop, manufacture, check and ship inside 24 months, state-of-the-art frequency mills and microwave synthesizers. The methods will present a number of microwave frequencies for the spacecraft platforms inside which they’re deployed, and improve their mission effectiveness. This high-performance {hardware} is derived from comparable fashions that FEI has supplied previously for U.S. Authorities satellites, and that are efficiently working in orbit.
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Tom McClelland, FEI CEO, commented, “This program award demonstrates the significance of FEI’s steady function in supporting U.S. Authorities safe communication methods, and likewise exhibits that FEI’s investments in these key applied sciences proceed to maintain FEI a necessary participant in crucial U.S. Authorities packages.”
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About Frequency Electronics
Frequency Electronics, Inc. is a world chief within the design, improvement and manufacture of excessive precision timing, frequency era and RF management merchandise for house and terrestrial functions. Frequency’s merchandise are utilized in satellite tv for pc payloads and in different business, authorities and army methods together with C4ISR and digital warfare, missiles, UAVs, plane, GPS, safe communications, power exploration and wireline and wi-fi networks. Frequency has acquired over 100 awards of excellence for achievements in offering excessive efficiency digital assemblies for over 150 house and DOD packages. The Firm invests important sources in analysis and improvement to broaden its capabilities and markets.
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Frequency’s Mission Assertion: “Our mission is to supply precision time and low part noise frequency era methods from 1 Hz to 50 GHz, for house and different difficult environments.”
Subsidiaries and Associates: FEI-Zyfer gives GPS and safe timing (“SAASM”) capabilities for crucial army and business functions; FEI-Elcom Tech gives Digital Warfare (“EW”) sub-systems and state-of-the-art RF microwave merchandise. Extra data is on the market on the Firm’s web site: www.frequencyelectronics.com
Contact data: Dr. Thomas McClelland, President and Chief Govt Officer; Steven
Bernstein, Chief Monetary Officer;
TELEPHONE: (516) 794-4500 ext.5000 WEBSITE: www.freqelec.com
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