Frequency Electronics, Inc. has been awarded a follow-on production contract worth approximately $8 million to supply compact, high-precision atomic clocks supporting position, navigation and timing (PNT) for lunar missions, the Mitchel Field, N.Y.-based company announced July 27.
FEI President and CEO Tom McClelland noted the order arrived roughly four months after the company’s initial lunar PNT contract, which FEI announced in March 2026 for $7 million, also for lunar PNT atomic clocks.
Part of a broader push into space PNT and alternative-PNT markets
McClelland framed the repeat order as evidence of FEI’s ability to scale space exploration business, and pointed to lunar PNT as one of several markets — alongside proliferated satellites, quantum sensing, space defense and alternative-PNT — that the company is targeting for growth built on its existing space and defense timing business.
The award follows a separate $18 million set of contracts FEI announced July 23, which included an $11 million award from an aerospace prime for a satellite frequency-generation system, plus roughly $7 million in follow-on production work for space oscillators and non-space government programs. It also follows FEI’s July 15 fourth-quarter and fiscal-year 2026 results, in which the company reported a $111 million funded backlog.
FEI’s Zyfer division supplies GPS and secure timing products; its Elcom Tech division makes electronic warfare and RF/microwave subsystems.
