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Frequency Electronics Unit Gets $12 Million Contract Increase
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Frequency Electronics Unit Gets $12 Million Contract Increase
Mar 20, 2025 7:40 AM

10:19 AM EDT, 03/20/2025 (MT Newswires) -- 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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