Frequency Electronics, Inc. Announces Award of a Contract for Space-qualified Oscillators
16 10월 2021 - 5:01AM
Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM)
announced the award of a contract for space-qualified precision
oscillators for ultimate application to a government satellite
program. This order is an exercise of options on a current
contract. Value of the award is approx. $5.3m. The contract period
of performance runs through October of 2024. No further details of
the award are being released.
FEI CEO Stan Sloane commented, “We are extremely
pleased that one of our key customers has exercised contract
options, reflecting continued satisfaction with FEI’s products and
delivery performance. This award will result in even more FEI
products being incorporated into critical satellites that support
our warfighters and an ever-growing number of FEI products in
space.”
About Frequency
ElectronicsFrequency Electronics, Inc., is a world leader
in the design, development and manufacture of high precision
timing, frequency generation and RF control products for space and
terrestrial applications. Frequency’s products are used in
satellite payloads and in other commercial, government and military
systems including C5ISR and electronic warfare, missiles, UAVs,
aircraft, GPS, secure communications, energy exploration and
wireline and wireless networks. Frequency has received over 100
awards of excellence for achievements in providing high performance
electronic assemblies for over 150 space and DOD programs. The
Company invests significant resources in research and development
to expand its capabilities and markets.
Frequency’s Mission Statement: “Our mission is
to provide precision time and low phase noise frequency generation
systems from 1 Hz to 50 GHz, for space and other challenging
environments.”
Subsidiaries and Affiliates: FEI-Zyfer provides
GPS and secure timing ("SAASM") capabilities for critical military
and commercial applications; FEI-Elcom Tech provides Electronic
Warfare (“EW”) sub-systems and state-of-the-art RF microwave
products. Additional information is available on the Company’s
website: www.frequencyelectronics.com
Contact information: Dr. Stanton Sloane, President & Chief
Executive Officer; Steven Bernstein, Chief Financial
Officer; TELEPHONE: (516) 794-4500 ext.5000
WEBSITE: www.freqelec.com
Frequency Electronics (NASDAQ:FEIM)
과거 데이터 주식 차트
부터 9월(9) 2024 으로 10월(10) 2024
Frequency Electronics (NASDAQ:FEIM)
과거 데이터 주식 차트
부터 10월(10) 2023 으로 10월(10) 2024