Frequency Electronics, Inc. was founded in 1962 and is now a
well-established public company in Long Island, New York,
and trades on the NASDAQ Stock Exchange under the symbol
FEIM. It has five wholly-owned subsidiaries: FEI
Communications Inc. and FEI Government Systems Inc., located
in Mitchel Field, New York; Gillam-FEi a.s., located in
Liege, Belgium, near Brussels; FEI-Zyfer Inc., located in
Garden Grove, California; FEI-Asia Ltd., located in the free
trade zone in Tianjin, China. FEI and its subsidiaries are
major worldwide suppliers of Precision Time and Frequency
(PT&F) products for ground, seaborne, airborne, and space
terminals and platforms used by commercial and
government/military systems suppliers.In the mid-1990s,
Frequency Electronics Company transformed itself from a
defense contract manufacturer into a high-tech provider of
precision time and frequency products used to synchronize
voice, data and video transmissions in wireless
communications systems. These systems are found in both
ground-based stations and on-board commercial satellites.
Frequency Electronics Company also continues to support the
United States government with products for defense or space
applications but it will do so with more emphasis on COTS
(commercial off-the-shelf) products than on contract-based
projects.