Frequency Electronics, Inc. Awarded $5.9M Lockheed Martin Contract To Qualify Atomic Clocks for Potential Use on Next Gen GPS IIIF Satellites
Frequency Electronics, Inc. (FEIM)
US:NASDAQ Investor Relations:
ir.freqelec.com/home
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Source: GlobeNewswire
MITCHEL FIELD, N.Y., March 13, 2019 (GLOBE NEWSWIRE) -- As a risk reduction effort for the U.S. Air Force’s GPS III Follow On (GPS IIIF) satellite program, Frequency Electronics, Inc. (NASDAQ-FEIM) received a contract from Lockheed Martin Space, valued at $5.9 million, for the qualification of FEI’s Digital Rubidium Atomic Frequency Standard (DRAFS). The contract’s intent is to qualify FEI’s DRAFS for potential use on the new GPS IIIF satellites, securing the industrial base for high-accuracy Global Positioning System atomic clocks. Picture courtesy of Lockheed Martin Space To help the Air Force modernize its GPS satellite constellation with new technology and capabilities, Lockheed Martin Space designed and built the most powerful GPS satellite, GPS III. With 10 satellites under contract, in
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FEIM
Sec Filings
- 10/30/25 - Form SCHEDULE
- 10/9/25 - Form 8-K
- 9/15/25 - Form 10-Q
- FEIM's page on the SEC website