Frequency Electronics, Inc. Announces Contract Increase for Approximately $12 Million

GARDEN GROVE, Calif., March 20, 2025 (GLOBE NEWSWIRE) — FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce the receipt of a $12 million contract increase for the development and manufacture of a customized version of our high-precision airborne time, synchronization, and frequency distribution system, with deliveries scheduled through 2027. Our airborne-rated systems provide the ability to function in high-dynamic environments, while providing interoperability with the latest on-board technologies such as assured and Alternate-Position, Navigation and Timing (Alt-PNT) avionics. Furthermore, they support collaborative airborne operations and cooperative engagement scenarios for Joint Airborne Signals Intelligence Architecture (JASA); Time, Frequency, Navigation and Geodesy (TFNG); and Airborne Overhead Cooperative Operations Communications Intelligence Joint Interface Control Document (AOCO COMINT JICD) requirements. This contract highlights FEI’s continued leadership in the high-performance frequency control industry and underscores the company’s long-standing commitment to support critical aerospace and defense programs.

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