Key Developments: Frequency Electronics Inc (FEIM.OQ)

FEIM.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Frequency Electronics Inc announces new satellite contract
Thursday, 26 Jun 2014 09:30am EDT 

Frequency Electronics Inc:Receives new satellite contract anticipated to exceed $11 mln.Contract calls for Frequency to design and develop payload master timing and frequency generator system for U.S. Government end-use.Work on this cost-plus contract is expected to be completed within eighteen months followed by additional orders for flight systems.Frequency was selected for this important contract award based on its state-of-the-art, low phase noise/short-term stability time and frequency technology.  Full Article

Frequency Electronics Inc Declares Special Cash Dividend
Wednesday, 12 Dec 2012 02:00pm EST 

Frequency Electronics Inc announced that it has declared a special cash dividend of $0.20 per share, payable on December 31, 2012 to shareholders of record on December 24, 2012. The Board took this action in recognition of the Company's current financial strength, its recent performance and outlook for continued profitability.  Full Article

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