Welcome to our dedicated page for Frequency Electr news (Ticker: FEIM), a resource for investors and traders seeking the latest updates and insights on Frequency Electr stock.
Frequency Electronics, Inc. reports developments in precision timing, frequency generation and RF control products for space and terrestrial applications. Company news commonly covers contract awards tied to satellite payloads, position, navigation and timing systems, secure communications, C4ISR, electronic warfare, missiles, UAVs, aircraft, GPS, energy exploration and wireline and wireless networks.
Updates also include financial results, backlog and order-book commentary, multi-year revenue targets, research and development priorities, and subsidiary activity at FEI-Zyfer and FEI-Elcom Tech. The company’s disclosures emphasize space-qualified atomic clocks, secure timing capabilities, RF and microwave products, and mission-critical systems for commercial, government and military customers.
Frequency Electronics (NASDAQ:FEIM) set a new multi-year revenue target of $150 million in annual revenue by April 30, 2029 (end of Fiscal 2029). Management cited expanding backlog, larger end markets (quantum sensing, proliferated satellites, space exploration, A-PNT) and a debt-free balance sheet supporting the plan. The company said Fiscal 2026 was a year of digestion after pulling revenue into Fiscal 2025 and expects backlog conversion to drive growth beginning in Fiscal 2027.
Frequency Electronics (NASDAQ: FEIM) announced that Board Chair General (Ret.) Lance W. Lord will receive the General James E. Hill Lifetime Space Achievement Award from the Space Foundation at the 41st Space Symposium, April 13–16, 2026, in Colorado Springs.
The award recognizes General Lord’s decades of leadership in space operations, national security, and advocacy for precision time and frequency technologies used by FEIM.
Frequency Electronics (NASDAQ:FEIM) announced a contract award valued at approximately $7 million on March 25, 2026 to supply compact atomic clocks for position, navigation and timing (PNT) on a lunar space mission.
The company said it expects additional, larger awards to support similar space and PNT programs, highlighting potential long-term growth in lunar and deep-space infrastructure.
Frequency Electronics (NASDAQ:FEIM) announced on March 11, 2026 the award of two satellite contracts valued at approximately $45 million combined. The company expects the new business to begin entering funded backlog in the current fiscal fourth quarter of 2026 and anticipates additional awards of similar magnitude in calendar 2026.
The awards span traditional satellite programs and proliferated satellite platforms, reflecting targeted growth in high‑precision timing and RF products for space applications.
Frequency Electronics (NASDAQ:FEIM) reported Q3 FY2026 revenue of $16.9M and nine-month revenue of $47.8M, down from $18.9M and $49.8M a year earlier. Net income was $1.6M for the quarter and $4.0M for nine months. Backlog rose to $83M. Cash and cash equivalents declined to $86K, while the company reported being debt-free and disclosed two new contracts totaling approximately $45M.
Management highlighted a record funded backlog, recent large contract awards, ongoing investments in quantum sensing and proliferated satellite work, and expectation of improved cash collections and operating leverage.
Frequency Electronics (NASDAQ: FEIM) will hold a conference call to discuss fiscal Q3 2026 results for the period ended January 31, 2026, on Wednesday, March 11, 2026 at 4:30 PM ET. The call will be webcast and accessible on the company investor relations website.
Investors can dial domestic 888-506-0062 or international 973-528-0011 (access code 118136). A telephone replay will be available for one week and the webcast link will remain on the company site through June 11, 2026.
Frequency Electronics (NASDAQ:FEIM) announced on January 27, 2026 a follow-on contract award valued at approximately $6.0 million to supply precision, acceleration-compensated Oven-controlled Quartz Oscillators (OCXO) for US Government software-defined radio systems, including Link 16 applications.
The oscillators use the company’s patented technology for high-dynamic environments. The company stated follow-on contracts for additional units valued at over $2.0 million are anticipated within three months.
FEI-Zyfer (NASDAQ:FEIM) announced on January 12, 2026 that it has received contracts totaling approximately $6.0 million for Assured-PNT systems, covering secure communications tactical data link systems and time, frequency, and synchronization distribution systems for airborne avionics.
The company said the awards reflect demand for secure, data-intensive information exchange and interoperability between military and agency participants. Management highlighted FEI-Zyfer's role as a trusted supplier for mission-critical systems.
Frequency Electronics (NASDAQ:FEIM) announced a contract award valued at approximately $9.2 million to supply precision time and frequency systems for a geostationary environmental satellite program. The scope includes oscillators, frequency distribution units and spares for integration into three satellites with deliveries scheduled through 2028, and four potential additional satellites may be procured later.
The contract underscores FEIM’s heritage in GEO constellations and positions its quartz oscillators for space and defense applications.
Frequency Electronics (NASDAQ:FEIM) reported Q2 fiscal 2026 revenue of $17.1M and six-month revenue of $30.9M. Operating income was $1.7M for the quarter and $2.1M for six months. Net income was $1.8M or $0.18 per diluted share for the quarter and $2.4M or $0.25 per diluted share for six months. Net cash provided by operating activities was $0.6M in the six months versus $2.4M a year earlier. Funded backlog increased to approximately $82M from $70M at April 30, 2025. Management cited program delays from a government shutdown and expects awards and stronger execution in Q3–Q4. The company rescheduled its Quantum Sensing Summit for January 14–15, 2026.