Frequency Electronics Reports Over $10 Million Contract Awards

Frequency Electronics, Inc.

has received new contract awards totaling over $10 million for U.S. Government secure communications satellite payloads. Frequency will supply precision timing systems and low-phase-noise frequency sources with a substantial portion of the work to be completed within 18 months. These contracts call for product based on systems previously developed by Frequency and currently deployed in orbit, which enables cost-effective and timely performance of the contracts. Martin Bloch, President and CEO, said, "These new awards continue to affirm the technical excellence and innovative solutions we provide, along with our aerospace customers, for critical space applications. These contracts also confirm our Government's commitment to fund the strategic programs which we address."