Frequency Electronics Inc $FEIM

What the company doesAI summary of filing

Frequency Electronics designs, develops, and manufactures precision time and frequency generation products for satellites, military command and control systems, and related applications. The company generates revenue from sales of timing systems, frequency generation products, power converters, and related subsystems to commercial satellite operators and the U.S. Government, with approximately 91% of fiscal 2026 sales derived from U.S. Government contracts or subcontracts. The company operates two segments: FEI-NY, which produces satellite payload electronics and military systems, and FEI-Zyfer, which manufactures products incorporating GPS technology for secure positioning and timing applications. The company is revenue-generating with a consolidated backlog of approximately $111 million as of April 30, 2026. [10-K 2026-07-17]

Segments: FEI-NY (satellite payloads, military non-space systems, RF microwave modules), FEI-Zyfer (precision navigation and timing, GPS-based systems)