Frequency Electronics Receives ~$8M Follow-On Production Contract For Lunar Space Missions

Frequency Electronics, Inc.

Frequency Electronics, Inc.

FEIM

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Frequency Electronics, Inc. ("FEI" or the "Company") (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce the award of a follow-on production contract for approximately $8 million, for compact, highly precise atomic clocks to support position, navigation, and timing (PNT) for lunar space missions.

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