Frequency Electronics awarded major contract by Lockheed Martin

The contract is designed to qualify DRAFS for potential use on the new GPS IIIF satellites, securing the industrial base for high-accuracy GPS atomic clocks. In a media release, FEI CEO Stanton Sloane said, “We are extremely pleased to be awarded this contract and the opportunity to play a significant role in the GPS IIIF program. This award is the culmination of 50+ years of research and development of advanced quartz and atomic clocks based on FEI’s proprietary technologies. We are also pleased to continue our long-standing relationship with Lockheed Martin Space on critical national security programs.” FEI designs, develops and manufactures precision time and frequency (PT&F) products for ground, seaborne, airborne, and space/satellite terminals and platforms used by commercial and government/military systems suppliers. The company is based in Long Island, New York, with five subsidiaries in New York, California and China.