MITCHEL FIELD, N.Y., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) announces a contract award of approximately $25m to deliver precision frequency-generation systems for a next generation national security satellite program. Under this contract, FEI will develop, manufacture, test and deliver a state-of-the-art frequency generation system to the prime [...]
Frequency Electronics Inc. has won a $20.3 million contract to develop a next-generation atomic clock whose technology could be used to improve deep-space exploration as well as global positioning system navigation on Earth. The contract from the Office of Naval Research calls for the company to develop a mercury ion atomic clock based on research [...]
MITCHEL FIELD, N.Y., Jan. 11, 2022 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) today announces the award of a contract from the Office of Naval Research (ONR) to develop a Mercury Ion atomic clock for application to various US Naval platforms. Contract value, if all options are exercised, is approximately $20.2M. [...]
MITCHEL FIELD, N.Y., Dec. 13, 2017 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) reported revenues for the second quarter of fiscal 2018, which ended October 31, 2017, of $9.3 million as compared to $11.5 million in the same quarter of fiscal 2017. Revenues for the first six months of fiscal 2018 were $21.3 million compared [...]
MITCHEL FIELD, N.Y., Sept. 13, 2017 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) reported revenues for the first quarter of fiscal 2018, which ended July 31, 2017, of $12.0 million as compared to $11.6 million in the same quarter of fiscal 2017. The Company recorded operating profit of $180,000 for the quarter ended July 31, [...]
MITCHEL FIELD, N.Y., Aug. 21, 2017 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) celebrates the 40th anniversary of NASA's launch, exactly 40 years ago yesterday, of the Voyager 2 spacecraft, hurtling through unexplored space, now almost 11 billion miles from Earth. Its precision timing system, designed and manufactured by Frequency Electronics, Inc. (FEI), is still [...]
MITCHEL FIELD, N.Y., Nov. 03, 2016 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) has received an order in excess of $5 million for secure communications equipment. The equipment provides a highly reliable solution to enhance command and control communications in a large US Department of Defense program. The solution incorporates the timing systems expertise of [...]
MITCHEL FIELD, N.Y., Aug. 25, 2016 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) today announced a correction to its press release issued on August 24, 2016, titled “Frequency Electronics, Inc. Announces the Addition of Two New Board Members.” In the press release, one of the names of the new directors was misstated as Dr. Yacov [...]
MITCHEL FIELD, N.Y., March 17, 2016 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) has been awarded a contract to supply secure communication equipment for a US/DOD missile program. The equipment was developed and is being manufactured by FEI-Zyfer, Frequency's wholly owned subsidiary located in Garden Grove, CA. It enhances secure communications for command and control [...]
MITCHEL FIELD, N.Y., July 27, 2015 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) has delivered a GPS Wide Area Augmentation System (WAAS) multi-channel receiver/down converter to be installed on a hosted payload scheduled for launch later this year in support of the Federal Aviation Administration's (FAA) GPS WAAS program. As previously announced the Company received [...]
MITCHEL FIELD, N.Y., July 22, 2015 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ:FEIM) reported revenues of $76.6 million for fiscal year 2015, which ended April 30, 2015, compared to revenues of $71.6 million for fiscal 2014. Operating profit for fiscal 2015 was $3.7 million, compared to operating profit of $4.9 million for fiscal 2014. Net [...]
MITCHEL FIELD, N.Y., June 26, 2014 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq:FEIM) announced it has been awarded a new satellite contract anticipated to exceed $11 million. The contract calls for Frequency to design and develop a payload master timing and frequency generator system for U.S. Government end-use. Work on this cost-plus contract is expected [...]