Frequency Electronics Announces Chief Financial Officer Transition; Reaffirms Fiscal 2029 Financial Targets

MITCHEL FIELD, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Today, Frequency Electronics, Inc. (Nasdaq: FEIM) (“FEI” or the “Company”) announced the election of Allen Kaplan as its new Chief Financial Officer (CFO), effective November 1, 2026. As CFO, Mr. Kaplan will join the Company's senior executive leadership team and will report directly to President and Chief Executive Officer (CEO) Tom McClelland.

GlobeNewsWire • Oct 21, 2026

Frequency Electronics: The Deep Selloff Has Opened A Buying Window

Frequency Electronics is rated a buy, driven by robust defense and satellite demand and a successful shift to high-rate, standardized production. FEIM reported Q1 FY27 revenue of $23.5M (+70.2% Y/Y), EPS of $0.41, and a record backlog of $129M, signaling strong operational momentum. Defense programs, especially missile replenishment contracts, and satellite sector expansion underpin FEIM's multi-year growth runway.

Seeking Alpha • Oct 21, 2026

Frequency Electronics: A Growth Opportunity After The Post-Earnings Pullback

Frequency Electronics delivered a sharp Q1 recovery, with revenue up 70% YoY and margins rebounding strongly. FEIM's record $129M backlog and 1.76x book-to-bill ratio support more growth as satellite and defense programs scale. I upgrade FEIM to Buy, viewing it as a GARP opportunity despite a premium 8x forward EV/Sales valuation and little room for execution error.

Seeking Alpha • Oct 19, 2026

Frequency Electronics' Timing And Frequency Technology Remains A Great Buy On Dips

Frequency Electronics is converting a larger defense and satellite order book into stronger revenue and operating margins. They have new satellite, lunar, and alternative navigation contracts that should give their established timing technology more growth verticals. Their robust balance sheet also supports their expansion plans, although I think good execution will be key to keep their margins healthy.

Seeking Alpha • Sep 18, 2026

FEIM Stock Climbs 34% as Q1 Earnings Surge Year Over Year

FEI's fiscal Q1 earnings per share grows year over year, fueled by stronger satellite and defense demand. Backlog and margins improved sharply, and management reiterated its fiscal 2029 targets.

Zacks Investment Research • Sep 16, 2026

This Space Stock Soars On Strong Earnings. Oil, Shipping Stocks Also Top Buy Points

Despite gains of 1% or higher in the stock market, few stocks climbed above buy points. Still, shipping, energy and space stocks broke out to new highs.

Investors Business Daily • Sep 11, 2026

Frequency Electronics, ACV Auctions, HP And Other Big Stocks Moving Higher On Friday

U.S. stocks were higher, with the Dow Jones index gaining around 400 points on Friday.

Benzinga • Sep 11, 2026

Frequency Electronics Q1 Earnings Call Highlights

Frequency Electronics NASDAQ: FEIM reported record fiscal first-quarter 2027 revenue of $23.5 million, up 70% from a year earlier and 52% sequentially, as growth in satellite and U.S. government and defense programs lifted profitability and backlog to new highs.

MarketBeat • Sep 10, 2026

Frequency Electronics, Inc. (FEIM) Q1 2027 Earnings Call Transcript

Frequency Electronics, Inc. (FEIM) Q1 2027 Earnings Call Transcript

Seeking Alpha • Sep 10, 2026

Frequency Electronics, Inc. Announces First Quarter of Fiscal Year 2027 Financial Results

MITCHEL FIELD, N.Y., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI,” “Frequency,” the “Company,” “we” or “us”) (NASDAQ-FEIM) today announced its financial results for the first quarter of fiscal year 2027.

GlobeNewsWire • Sep 10, 2026