Frequency Electronics Wins $11 Million in Contracts to Provide Aerospace Equipment

MT Newswires Live

2024/12/18

Frequency Electronics (FEIM) won several contracts for a combined $11 million to provide specialized precision quartz oscillators, synthesizers and receivers for aerospace programs.

Deliveries will start next year with the final shipments set to be completed in 2026, the company said Wednesday in a statement.

Shares of Frequency Electronics rose 3.7% in recent trading.

Price: 18.91, Change: +0.68, Percent Change: +3.70

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