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FEI-Zyfer Announces Contract Award for $3.14 Million
GARDEN GROVE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce the receipt of a contract from the Defense Logistics Agency - Aviation Division at Redstone Arsenal, AL for additional systems in support of the Patriot Missile system. The base year (Year 1) contract value is $3.14 million dollars, wit
About this update from Frequency Electronics, Inc.
[{"type":"text","content":"GARDEN GROVE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce the receipt of a contract from the Defense Logistics Agency - Aviation Division at Redstone Arsenal, AL for additional systems in support of the Patriot Missile system. The base year (Year 1) contract value is $3.14 million dollars, with a period of performance through October 30, 2026. In addition, the contract includes delivery options for Year 2 of $1.71 million dollars, and a Year 3 option of $1.80 million dollars.","length":686,"tagName":"p"},{"type":"text","content":"The systems that will be provided by FEI-Zyfer are autonomous free-running syntonization and synchronization references, which are able to maintain their performance while subjected to the harshest ground mobile environmental conditions for field-deployed systems. In order to meet the operational signal accuracy and quality requirements, FEI-Zyfer incorporates acceleration-Compensated (g-comp) Quartz Crystal Oscillator technology from our parent company, Frequency Electronics (FEI) along with our control and interface electronics. When g-comp is paired with FEI’s Rubidium Atomic Clocks, the combination enables the systems to meet the most stringent operational quality needs for long-term accuracy, short and long-term stability, and low phase noise.","length":758,"tagName":"p"},{"type":"text","content":"Tom McClelland, President and CEO at Frequency Electronics, commented, “Our contributions to the Patriot Missile program are examples of how FEI’s core technology, together with the technology provided by our FEI-Zyfer subsidiary, continue to be critical to the support of the U.S. Army, the Missile Defense Agency, and designated Allies, and demonstrate how our investments in the development of these critical technologies bear fruit.” FEI, together with its subsidiaries, is traded under the NASDAQ symbol FEIM.","length":514,"tagName":"p"},{"type":"text","content":"About Frequency Electronics","length":27,"tagName":"p"},{"type":"text","content":"Frequency Electronics, Inc. (FEI) is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control produ...