Frequency Electronics Inc. Announces Space Mission Contract Award Valued at Approximately $7 million
Frequency Electronics, Inc. (FEIM)
US:NASDAQ Investor Relations:
ir.freqelec.com/home
Company Research
Source: GlobeNewswire
MITCHEL FIELD, N.Y., March 25, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce the award of a new contract, for approximately $7 million, for compact, highly precise, atomic clocks to support position, navigation and timing (PNT) for a lunar space mission. Further, FEI anticipates additional awards of greater magnitude to support similar programs in the future. FEI President and CEO, Tom McClelland, commented, “We are extremely pleased with this opportunity to deliver mission-critical technology to develop infrastructure on and around the Moon, which is a first step toward other deep space missions. This award is an excellent example of FEI’s ability to leverage our long-standing market leadership in space qualified atomic clocks to service exciting new and potentially very large end markets. New Space
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News
- Frequency Electronics (FEIM) was downgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "buy (b+)" to "hold (c+)".MarketBeat
- FEIM's Q3 Earnings Down Y/Y Due to Margin Pressure, Backlog Grows [Yahoo! Finance]Yahoo! Finance
- Frequency Electronics, Inc. Q3 2026 Earnings Call Summary [Yahoo! Finance]Yahoo! Finance
- Frequency Electronics Inc (FEIM) Q3 2026 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Frequency Electronics signals push toward $100M+ backlog with record Q3 awards and expanding defense contracts [Seeking Alpha]Seeking Alpha
FEIM
Sec Filings
- 3/17/26 - Form 10-Q
- 3/11/26 - Form 8-K
- 2/13/26 - Form SCHEDULE
- FEIM's page on the SEC website