Frequency Electronics Awarded $9.2 Million Satellite Contract
Frequency Electronics announces that it has been awarded a significant contract to provide precision time and frequency systems for a geostationary environmental satellite program. This contract is valued at approximately $9.2 million. It includes oscillators, frequency distribution units and spares to be integrated into three satellites with deliveries scheduled through 2028. Four potential additional satellites will be procured in the future to augment the constellation. FEI President and CEO, Tom McClelland commented, "We are proud to be selected as a trusted supplier for this heritage program. This contract is a testament to the long-standing relationship we have built with our customers and the quality and precision of our products as well as the value we provide to our customers."
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Frequency Electronics Secures New Contracts for Precision Oscillators
- Significant Contract Value: Frequency Electronics has secured follow-on contracts from a major aerospace company valued at approximately $6 million, with additional contracts anticipated within three months worth over $2 million, indicating strong ongoing demand for its core technologies in mission-critical government programs.
- Technological Edge: The precision Oven-controlled Quartz Oscillators utilize the company's patented technology to operate reliably in high dynamic environments, ensuring critical performance for the Link 16 system and reinforcing the company's leadership in high-precision timing and frequency control markets.
- Broad Market Applications: Frequency Electronics' products are utilized not only in satellite payloads but also across commercial, government, and military systems, including C4ISR, electronic warfare, and UAVs, showcasing its market penetration in multiple critical sectors.
- Ongoing R&D Investment: The company invests significant resources in research and development to expand its capabilities and markets, aiming to transform laboratory discoveries into practical applications, thereby ensuring a competitive edge in the future.

RH Reports Robust Q3 Sales, Aligns with Canopy Growth, Tilray Brands, Frequency Electronics, and Other Major Stocks Rising on Friday
U.S. Stock Market Performance: U.S. stocks declined, with the Nasdaq Composite dropping over 400 points on Friday, while RH shares rose 5.8% after reporting better-than-expected quarterly revenue but missing earnings estimates.
Significant Stock Gains: Several stocks saw notable gains, including TryHard Holdings Ltd (+57.2%), Canopy Growth Corp (+35.4%), and Tilray Brands Inc (+28.4%), largely driven by expectations of relaxed federal marijuana regulations under President Trump.
Lululemon's Strong Performance: Lululemon Athletica Inc gained 10.1% after exceeding third-quarter estimates, raising full-year guidance, and announcing a CEO succession plan along with an increase in its share buyback program.
Other Notable Stock Movements: Companies like Rivian Automotive Inc and Clear Secure Inc also experienced significant gains, with Rivian entering the autonomous driving sector and Clear Secure receiving an upgrade from JP Morgan.








