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Frequency Electronics Secures Pact

By Staff Writer | August 25, 2003

      Frequency Electronics [AMEX: FEI] has been awarded a contract to develop a new family of frequency reference sources for multiple on-board satellite applications. Under the development contract, FEI will adapt its technology to these new frequency sources, covering L- to Ka-band, for the exclusive use of an unidentified satellite builder. In turn, FEI is to be the sole outside supplier of these products on all of this builder’s U.S. government and commercial satellites.