Frequency Electronics

FEIM

Market cap $573M

Garden Grove, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) -- FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products, is pleased to announce the receipt of contracts totaling approximately $6.0 million in two of our core business areas for Assured-PNT (Position Navigation and Timing) – for secure communications systems and for time, frequency, and synchronization distribution systems in support of airborne avionics equipment.                        FEI President and CEO, Tom McClelland, commented, “We are pleased that we are a trusted supplier for these mission-critical business areas. Ongoing contracts for tactical data link communication systems and for aircraft signal distribution systems are a testament to the quality and precision of our products and the value we provide to our customers. They also reflect the growing demand for data-intensive secure information exchange in support of current military and enforcement operations, and the need for transparent system interoperability between military and agency participants.”

Frequency Electronics' downgrade rating reflects margin compression, rising costs, and weak cash flow despite defense wins and tech innovation.

Frequency Electronics' fiscal Q2 earnings fall year over year amid earlier contract delays and rising cost pressures despite strong revenue and backlog growth.

Frequency Electronics, Inc. (FEIM) is a leader in precision time and frequency technology for defense and aerospace applications. FEIM has undergone significant transformation under new leadership, shifting from unprofitability and growing its backlog to $82M as of last quarter. Recent Q2'26 earnings highlight FEIM's massive growth prospects, such as the Golden Dome project and advanced drone manufacturing opportunities, contracts for which are anticipated in the near future.

Frequency Electronics, Inc. (FEIM) Q2 2026 Earnings Call Transcript

MITCHEL FIELD, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2026, ended October 31, 2025, on Thursday, December 11, 2025, at 4:30 PM Eastern Time.

Frequency Electronics is rated a buy, with recent share price weakness seen as an entry opportunity despite Q1 revenue contraction. FEIM's robust $71M backlog, minimal leverage, and a $20M buyback program underscore strong fundamentals and management confidence. The company's pivot to quantum sensing and high-tech, sole-sourced defense programs promises resilient earnings and margin expansion.

Frequency Electronics posts a year-over-year decline in Q1 earnings amid timing issues and program delays, but remains confident with strong backlog, new contract bids, and a $20 million buyback plan.

Frequency Electronics' Q1 was weaker than expected due to early-July budget finalization and customer delays. Still, management reported no contract cancellations and suggests that subsequent quarters will offset fiscal Q1. Their backlog remains historically high, with multi-year defense and satellite programs. So their long-term prospects remain solid despite quarterly lumpiness.

U.S. stock futures were mixed this morning, with the Dow futures falling around 100 points on Friday.