FX.co ★ Frequency Electronics Secures Contracts For Quartz Oscillators, Synthesizers, Receivers; Stock Up

Frequency Electronics, Inc. (FEIM) announced on Wednesday that it has been awarded multiple contracts to provide specialized precision quartz oscillators, synthesizers, and receivers for aerospace applications. These contracts, valued at approximately $11 million, are to be fulfilled by 2026. Presently, the company's stock is experiencing a 4.06 percent increase, with shares trading at $18.97 on the Nasdaq.