Frequency Electronics wins follow-on production contract valued at about $8 million for lunar PNT atomic clocks
FEIM•Follow-on lunar PNT production order
- Frequency Electronics won a follow-on production contract valued at about $8 million for compact atomic clocks for lunar position, navigation and timing missions.
- The order follows an initial lunar PNT contract from the same customer received about four months earlier.
- Management flagged repeat production as supportive of planned gross margin expansion.
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