Frequency Electronics gets USD11m contract

Frequency Electronics, Inc. (NASDAQ: FEIM) said it has been awarded a new satellite contract anticipated to exceed USD11m.

The contract calls for Frequency to design and develop a payload master timing and frequency generator system for US government end-use. Work on this cost-plus contract is expected to be completed within 18 months followed by additional orders for flight systems.

Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high precision timing, frequency control and synchronization products for space and terrestrial applications. Its website is at www.frequencyelectronics.com

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Comments are closed.

Powered by WordPress