High precision oscillators and frequency generation products from Frequency Electronics have been selected for a critical military satellite system. The award is a follow-on option on a current contract and is valued at approximately $6.3 million dollars. The period of performance is approximately 24 months. No other details of the contract are being released at this time.
FEI Interim President and CEO, Thomas McClelland commented, “We are extremely pleased to be selected to provide additional systems for these very important satellites. It reflects the confidence a key customer has in our ability to deliver high-performance and high-reliability electronics that must operate in the demanding environment of space. FEI continues to be the go-to solution for the most mission-critical elements of the spacecraft, the timing and frequency systems…the heart of the satellite.”
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