Frequency Electronics: 70% Growth and Record Order Backlog Thanks to Space and Defense

Frequency Electronics provides high-precision timing and frequency technology for satellites, defense, and secure communication, benefiting from rapidly increasing demand across several new end markets. The first quarter set new revenue records with a growth of 70% as well as a financed order backlog of $129 million. New programs involving proliferated satellites, lunar missions, missile defense, and alternative navigation are expected to pave the growth path through at least 2029. Frequency Electronics (FEIM) is one of the bullish small...