[SatNews] Frequency Electronics Inc. (Nasdaq:FEIM) has received an order for approximately $5 million under a contract to supply timing and microwave frequency sources for a communications satellite program involving multiple satellites.

The contract calls for hardware previously developed by Frequency Electronics. This hardware is currently deployed and operating successfully in orbit.The contract value exceeds $30 million including options for additional satellites. The Company anticipates receiving authorization to proceed (ATP) for the next satellite on this program during the first six months of calendar 2011. Frequency Electronics, Inc. is a leader in the design, development and manufacture of high precision timing, frequency control and synchronization products for space and terrestrial applications. The Company's products are used in commercial, government, and military systems, including satellite payloads, missiles, UAVs, aircraft, GPS, secure radios, SCADA, energy exploration and wireline and wireless communication networks. Frequency has received more than 60 awards of excellence for achievements in providing high performance electronic assemblies for 120+ space programs.