FEI-Zyfer Secures $3.14 Million Contract for Patriot Missile System Support

FEI-Zyfer has received a $3.14 million contract from the Defense Logistics Agency for additional systems to support the Patriot Missile system. The contract includes delivery options for the next two years. FEI-Zyfer's autonomous free-running syntonization and synchronization references will be used, which maintain performance under harsh ground mobile environmental conditions. The systems incorporate Quartz Crystal Oscillator technology and Rubidium Atomic Clocks for long-term accuracy and stability.

GARDEN GROVE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) — FEI-Zyfer, Inc., a wholly-owned subsidiary of Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), has announced the receipt of a contract from the Defense Logistics Agency - Aviation Division at Redstone Arsenal, AL for additional systems to support the Patriot Missile system. The base year (Year 1) contract value is $3.14 million, with a period of performance through October 30, 2026. The contract also includes delivery options for Year 2 of $1.71 million and a Year 3 option of $1.80 million.

The systems provided by FEI-Zyfer are autonomous free-running syntonization and synchronization references designed to maintain their performance under the harshest ground mobile environmental conditions. These systems incorporate acceleration-Compensated (g-comp) Quartz Crystal Oscillator technology and Rubidium Atomic Clocks, ensuring long-term accuracy, stability, and low phase noise.

Tom McClelland, President and CEO at Frequency Electronics, commented, “Our contributions to the Patriot Missile program are examples of how FEI’s core technology, together with the technology provided by our FEI-Zyfer subsidiary, continue to be critical to the support of the U.S. Army, the Missile Defense Agency, and designated Allies, and demonstrate how our investments in the development of these critical technologies bear fruit.”

This contract reinforces FEI-Zyfer's established position within the defense supply chain for missile defense systems. The multi-year structure with two option years provides potential revenue visibility through October 2028 if fully exercised. For investors, this contract represents approximately 5-10% of annual revenue based on the company's historical performance, making it material to financial results.

References
[1] https://www.globenewswire.com/news-release/2025/08/25/3138515/7746/en/FEI-Zyfer-Announces-Contract-Award-for-3-14-Million.html
[2] https://www.stocktitan.net/news/FEIM/fei-zyfer-announces-contract-award-for-3-14-158jnc19nhtk.html