Breakout Attempt: Frequency Electronics Reports Record Revenue and Full Order Books. A Beneficiary of the Space and Defense Trend

The stock of the small-cap company Frequency Electronics (FEIM) is once again moving towards its high. It is a provider of high-precision time and frequency technologies, which are particularly used in satellites, space applications, and defense systems. The company operates project-oriented, with revenues coming from both long-term government contracts and commercial satellite programs. The largest customers are the U.S. government, particularly the Department of Defense (DoD), various government agencies, and prime contractors in the aerospace...