Frequency Electronics' (FEIM) FEI-Zyfer unit said Thursday it received a $12 million contract increase to develop and manufacture a customized version of its airborne time, synchronization and frequency distribution system.
Deliveries are scheduled through 2027, FEI-Zyfer said.
The shares were up over 6% in recent trading.
Price: 16.81, Change: +0.98, Percent Change: +6.16
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