Frequency Electronics Inc. Announces New Contracts and Fiscal Year End Backlog that Exceeded $100 Million
Frequency Electronics announced $16 million in new contracts for oscillators and timing systems, including a significant entry into the space defense sector. The company reported that its fiscal year-end backlog exceeded $100 million for the first time, marking a record high.
Key figures
- Backlog
- 100000000
- New contracts value
- 16000000
- Long term revenue guide
- 150000000
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