Frequency Electronics Awarded ~$9.2M Contract To Provide Precision Time And Frequency Systems For Geostationary Environmental Satellite Program
Benzinga Newsdesk 10 months ago
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Frequency Electronics, Inc. ("FEI" or the "Company") (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce that it has been
Frequency Electronics, Inc. ("FEI" or the "Company") (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce that it has been awarded a significant contract to provide precision time and frequency systems for a geostationary environmental satellite program.
This contract is valued at approximately $9.2 million. It includes oscillators, frequency distribution units and spares to be integrated into three satellites with deliveries scheduled through 2028. Four potential additional satellites will be procured in the future to augment the constellation.
This contract highlights FEI's continued capability to perform in GEO constellations with the trusted reliability from heritage customers and programs. FEI's quartz oscillators are renowned for their reliability, stability, and precision—critical attributes for applications in space and defense.