FREQUENCY ELECTRONICS INC

Frequency Electronics, Inc. develops and manufactures precision time and frequency generation systems and synchronization products. Its product offerings include master timing systems, atomic clocks, quartz crystal oscillators, radio frequency microwave modules, and quantum sensing devices. The business operates through two segments: FEI-NY, which produces satellite electronics and timing equipment, and FEI-Zyfer, which provides precision time references incorporating global positioning system technology. The company primarily serves the United States government and its defense agencies, alongside commercial aerospace contractors and wireless communications network providers.

The company is headquartered in Mitchel Field, New York, where it operates its primary manufacturing and design facility, and conducts additional operations in California. Frequency Electronics employs 242 workers, with 99% based in the United States. Beyond its domestic operations, the business distributes products internationally to end-users located in Europe and Asia.

Summary of the business section of Frequency Electronics's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“Company currently employs 242 employees (232 full-time and 10 part-time), 99% based in the U.S.”