Frequency Electronics announces $4.2M contract award for precision oscillators
Frequency Electronics announces a contract award for precision oscillators for a next-generation satellite application. Under this contract, FEI will develop, manufacture, test and deliver state of the art oscillators which provide the primary frequency reference for the spacecraft and enhance its mission effectiveness. These high-performance, space qualified oscillators are an evolution of FEIs technology which has been proven on numerous US Government and commercial satellite programs over the last 58 years. The contract is valued at approximately $4.2m, if all options are exercised.Commenting on the award, FEI CEO, Stanton Sloane said, "We are extremely pleased to have been selected for this critical sub-system and proud to play a part in providing key capabilities for this state of the art satellite."