FEI-Zyfer Announces Contract Awards for Approximately $6.0 Million
Rhea-AI Summary
FEI-Zyfer (NASDAQ:FEIM) announced on January 12, 2026 that it has received contracts totaling approximately $6.0 million for Assured-PNT systems, covering secure communications tactical data link systems and time, frequency, and synchronization distribution systems for airborne avionics.
The company said the awards reflect demand for secure, data-intensive information exchange and interoperability between military and agency participants. Management highlighted FEI-Zyfer's role as a trusted supplier for mission-critical systems.
Positive
- $6.0 million in awarded contracts for Assured-PNT systems
- Contracts span secure communications and airborne avionics timing/distribution systems
Negative
- Company disclosure lists reliance on key customers and supply‑chain risks among material risks
News Market Reaction
On the day this news was published, FEIM gained 1.70%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
FEIM was up 2.62% while peers showed mixed, generally modest moves: AVNW +0.89%, CLFD +0.73%, GILT -0.26%, TSAT +6.74%, ADTN +0.46%. This points to stock-specific strength rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 06 | Satellite contract win | Positive | +4.2% | Award of approximately $9.2M GEO satellite timing and frequency systems contract. |
| Dec 11 | Earnings results | Positive | +3.4% | Q2 FY2026 results with $17.1M revenue and backlog increasing to about $82M. |
| Dec 09 | Earnings call notice | Neutral | -2.5% | Announcement of conference call schedule to discuss Q2 FY2026 financial results. |
| Nov 24 | Contract increase | Positive | -1.0% | FEI-Zyfer follow-on change orders totaling about $4.75M for airborne timing systems. |
| Sep 11 | Earnings results | Negative | -21.0% | Q1 FY2026 revenue decline and margin compression despite strong $71M backlog. |
Recent contract and earnings headlines have mostly seen price reactions that align with the generally positive tone, with one notable divergence on a contract increase.
Over the past few months, Frequency Electronics has reported multiple contract wins and steady financial updates. On Nov 24, 2025, FEI-Zyfer announced a contract increase of approximately $4.75M extending through 2027. Earlier, Q1 and Q2 FY2026 results showed revenue in the $13.8M–$17.1M range and a funded backlog rising to about $82M. A recent $9.2M satellite contract on Jan 6, 2026 further highlighted demand. Today’s new $6.0M Assured-PNT awards continue this flow of defense and avionics contract activity.
Market Pulse Summary
This announcement adds approximately $6.0 million of new Assured-PNT awards in secure communications and airborne avionics, reinforcing FEI-Zyfer’s role in defense and critical timing applications. Combined with recent contract wins and a funded backlog reported at about $82 million in prior filings, it underscores sustained demand in core markets. Investors may focus on how these awards translate into revenue, margins, and backlog growth in upcoming quarters and regulatory filings.
Key Terms
c4isr technical
electronic warfare technical
uavs technical
AI-generated analysis. Not financial advice.
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
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.”
About Frequency Electronics
Frequency Electronics, Inc. (FEI) is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. FEI’s products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. FEI-Zyfer provides GPS and secure timing capabilities for critical military and commercial applications; FEI-Elcom Tech provides Electronic Warfare (“EW”) sub-systems and state-of-the-art RF and microwave products. FEI has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets.
www.frequencyelectronics.com
FEI’s Mission Statement: “Our mission is to transform discoveries and demonstrations made in research laboratories into practical, real-world products. We are proud of a legacy which has delivered precision time and frequency generation products, for space and other world-changing applications that are unavailable from any other source. We aim to continue that legacy while adapting our products and expertise to the needs of the future. With a relentless emphasis on excellence in everything we do, we aim, in these ways, to create value for our customers, employees, and stockholders.”
Forward-Looking Statements
The statements in this press release regarding future earnings and operations and other statements relating to the future constitute “forward-looking” statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, our inability to integrate operations and personnel, actions by significant customers or competitors, general domestic and international economic conditions, reliance on key customers, continued acceptance of the Company’s products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, other supply chain related issues, increasing costs for materials, operating related expenses, competitive developments, changes in manufacturing and transportation costs, the availability of capital, the outcome of any litigation and arbitration proceedings, and failure to maintain an effective system of internal controls over financial reporting. The factors listed above are not exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the Securities and Exchange Commission. The Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2025, filed on July 18, 2025 with the Securities and Exchange Commission includes additional factors that could materially and adversely impact the Company’s business, financial condition and results of operations, as such factors are updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the Securities and Exchange Commission’s website at www.sec.gov. Moreover, the Company operates in a very competitive and rapidly changing environment. New factors emerge from time to time and it is not possible for management to predict the impact of all these factors on the Company’s business, financial condition or results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not rely on forward-looking statements as a prediction of actual results. Any or all of the forward-looking statements contained in this press release and any other public statement made by the Company or its management may turn out to be incorrect. The Company expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact information: Dr. Thomas McClelland, President and Chief Executive Officer;
Steven Bernstein, Chief Financial Officer;
TELEPHONE: (516) 794-4500 ext.5000 WEBSITE: www.freqelec.com
FAQ
What contracts did FEI-Zyfer (FEIM) announce on January 12, 2026?
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