FEI-Zyfer, Inc., a subsidiary of Frequency Electronics, Inc., announced a $12 million contract increase. This increase is for the development and manufacture of a customized version of its high-precision airborne time, synchronization, and frequency distribution system.
Deliveries for this expanded contract are scheduled to extend through 2027. This award underscores the continued demand for FEI-Zyfer's specialized technology in critical airborne applications.
The contract increase highlights the company's role in providing essential components for advanced defense systems, contributing to its long-term revenue stability and growth.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.