Frequency Electronics Announces Approximately $12 Million in New Contract Awards Supporting Space and Defense Programs
Key Highlights
- ➤Frequency Electronics (FEIM) wins approximately $12 million in new contract awards
- ➤Awards support U.S. Government space and defense programs
- ➤Space awards include long-lead materials and proliferated satellite architecture support
- ➤Non-space awards cover naval oscillators, missile PNT subsystems, and resilient GPS receivers
- ➤FEI expects meaningful follow-on orders from some or all awarded contracts
Expert Statements
Tom McClelland, President and CEO of Frequency Electronics
“We are pleased to see continued demand for FEI's precision timing technologies across a broad range of space and defense applications.”
Tom McClelland, President and CEO of Frequency Electronics
“These awards reflect both the strength of our established product portfolio and our ability to support the Department of War's evolving architectures, including the expansion of proliferated space systems.”
Tom McClelland, President and CEO of Frequency Electronics
“Our continued participation in both longstanding and emerging programs demonstrates the confidence our customers place in FEI's technology, performance, and reliability.”
Tom McClelland, President and CEO of Frequency Electronics
“Our ability to win contracts on both legacy and new programs is a fundamental part of our long-term growth story: our core space and defense businesses still have many years of growth ahead of them, on top of which we are layering in multiple new growth opportunities in much larger addressable markets, all of which are based on technology that leverages our long-standing market leadership in space and defense applications.”
Tom McClelland, President and CEO of Frequency Electronics
“In addition, we expect to win meaningful follow-on orders from some, if not all, of these contracts announced today.”
MITCHEL FIELD, N.Y., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce that it has received multiple contract awards totaling approximately $12 million in support of U.S. Government space and defense programs.
The awards span a diverse range of space and non-space defense applications, reflecting FEI's ongoing presence across critical national programs. The space-related awards include long-lead material procurement and continued support for proliferated satellite architectures. The non-space awards include FEI's heritage vibration-insensitive oscillators for naval and software-defined radio applications; secure timing and Positioning, Navigation, and Timing (PNT) subsystems supporting major missile programs; and resilient GPS receivers for ground-based communications timing applications for a major defense contractor.
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