Frequency Electronics, Inc. (FEIM): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how satellites and telecom networks maintain perfect timing? Frequency Electronics, Inc. (FEIM) is a key player in this field, but what exactly do they do and how do they make money? Keep reading to discover how this company designs, develops, and manufactures high-precision timing and frequency control products, achieving a $150.3 million market cap and a revenue of $55.3M in 2024.

Frequency Electronics, Inc. (FEI), headquartered in Uniondale, New York, stands as a global leader in creating precision timing and frequency solutions. But how exactly does FEI maintain its position as a major worldwide supplier of Precision Time and Frequency (PT&F) products? Read on to explore their history, ownership structure, and the intricate ways they operate and generate revenue.

Frequency Electronics, Inc. (FEIM) History

Frequency Electronics, Inc.'s Founding Timeline

Year established

Frequency Electronics, Inc. was founded in 1961.

Original location

The company was originally located in New Hyde Park, New York.

Founding team members

The founding team included:

• Dr. Alfred R. Frecot
• Mr. Abraham Lazar

Initial capital/funding

Details regarding the initial capital and funding are not available in the provided context.

Frequency Electronics, Inc.'s Evolution Milestones

Frequency Electronics, Inc.'s Transformative Moments

• Strategic Acquisitions: The acquisition of Communication Techniques, Inc. (CTI) in 1982 significantly broadened the company's capabilities in microwave signal generation. Similarly, the acquisition of Gillam-FEi SAS in 2020 expanded the company's expertise in data acquisition and processing systems.
• Public Offering: Going public in 1966 marked a pivotal moment, providing Frequency Electronics with the financial resources needed for growth and innovation.
• Government Contracts: Securing substantial contracts with the U.S. government, such as the $17.9 million contract in 2017, has not only boosted revenue but also solidified the company's reputation as a trusted provider of high-reliability timing and frequency solutions.
• Leadership Transition: The appointment of Mr. Stanton Sloane as the new Chairman in September 2023, replacing Mr. Arthur Kosowsky, represents a significant shift in leadership, potentially impacting the company's strategic direction and governance.

For more insights into the company's guiding principles, explore: Mission Statement, Vision, & Core Values of Frequency Electronics, Inc. (FEIM).

Frequency Electronics, Inc. (FEIM) Ownership Structure

Frequency Electronics, Inc. operates with a mixed ownership structure, encompassing public shareholders and institutional investors, influencing its governance and strategic direction.

Frequency Electronics, Inc.'s Current Status

Frequency Electronics, Inc. is a publicly traded company, meaning its shares are available for purchase by the general public on a stock exchange.

Frequency Electronics, Inc.'s Ownership Breakdown

The ownership of Frequency Electronics, Inc. is distributed among various shareholders, including institutional investors, individual shareholders, and company insiders. Here's a general overview, noting that precise percentages can fluctuate:

Frequency Electronics, Inc.'s Leadership

The leadership team of Frequency Electronics, Inc. is responsible for the strategic direction and operational management of the company. As of April 2025, key figures include:

• Stanton Sloane: Chairman of the Board
• Thomas McClelland: Chief Executive Officer

These individuals, along with other executive officers and board members, guide the company's activities in developing and delivering precision time and frequency solutions. You might also be interested in: Mission Statement, Vision, & Core Values of Frequency Electronics, Inc. (FEIM).

Frequency Electronics, Inc. (FEIM) Mission and Values

Frequency Electronics, Inc. focuses on designing, developing, and manufacturing high-performance frequency and timing solutions. Its core values emphasize precision, reliability, and innovation in serving critical applications across various industries.

Frequency Electronics, Inc. Core Purpose

Official mission statement

Frequency Electronics, Inc. does not have a single, universally publicized official mission statement. However, based on their business activities and public statements, their mission can be inferred as:

• To design, manufacture, and deliver high-performance frequency and timing solutions for critical applications.
• To ensure precision, reliability, and innovation in all products and services.
• To meet the demanding requirements of customers in the aerospace, defense, telecommunications, and commercial sectors.

Vision statement

While a specific vision statement isn't formally declared, Frequency Electronics, Inc.'s vision can be understood through its strategic objectives and long-term goals:

• To be a global leader in providing advanced frequency and timing solutions.
• To continuously innovate and improve product performance to meet future technological demands.
• To expand market presence and strengthen relationships with key customers and partners.

Company slogan/tagline

Based on available information, Frequency Electronics, Inc. doesn't have a widely advertised official slogan or tagline. However, considering their specialization and industry presence, a fitting tagline could be:

• 'Precision Timing for Critical Missions.'
• 'Innovating the Future of Frequency Control.'
• 'Reliable Timing Solutions, Globally Deployed.'

To gain more insights into Frequency Electronics, Inc., consider reading: Exploring Frequency Electronics, Inc. (FEIM) Investor Profile: Who’s Buying and Why?

Frequency Electronics, Inc. (FEIM) How It Works

Frequency Electronics, Inc. (FEIM) specializes in designing, developing, and manufacturing high-precision timing, frequency control, and synchronization products for space, airborne, and terrestrial applications.

Frequency Electronics, Inc.'s Product/Service Portfolio

Frequency Electronics, Inc.'s Operational Framework

Frequency Electronics, Inc. operates through the following:

• Design and Development: FEIM focuses on in-house design and development of its products, ensuring they meet stringent performance and reliability requirements.
• Manufacturing: The company manufactures its products in specialized facilities, employing advanced techniques for precision assembly and testing.
• Quality Control: FEIM adheres to rigorous quality control standards throughout the production process to ensure the reliability and performance of its products.
• Custom Solutions: Understanding that different applications have unique requirements, Frequency Electronics, Inc. provides custom solutions.
• Contract Manufacturing: The company also offers contract manufacturing services.

Frequency Electronics, Inc.'s Strategic Advantages

Frequency Electronics, Inc. maintains its competitive edge through:

• High Precision Technology: FEIM specializes in high-precision frequency and timing solutions, essential for demanding applications.
• Customization: The company has the ability to tailor products to specific customer needs, differentiating itself from competitors offering only off-the-shelf solutions.
• Long-Standing Reputation: With a long history in the industry, Frequency Electronics, Inc. has built a strong reputation for reliability and performance.
• Diverse Market Applications: Serving a variety of sectors, including space, defense, and telecommunications, reduces dependence on any single market.

To learn more about Frequency Electronics, Inc. (FEIM), read this article: Exploring Frequency Electronics, Inc. (FEIM) Investor Profile: Who’s Buying and Why?

Frequency Electronics, Inc. (FEIM) How It Makes Money

Frequency Electronics, Inc. specializes in designing, developing, and manufacturing high-precision timing and frequency control products. The company primarily generates revenue through the sale of these products to the U.S. government, as well as to commercial and international customers.

Frequency Electronics, Inc.'s Revenue Breakdown

As the latest complete fiscal year is 2024, the revenue breakdown will be based on the data from that year.

Frequency Electronics, Inc.'s Business Economics

Frequency Electronics, Inc.'s business economics are influenced by several key factors:

• High Barriers to Entry: The precision timing and frequency control industry requires specialized knowledge, advanced technology, and significant capital investment, creating substantial barriers for new entrants.
• Long-Term Contracts: A significant portion of the company’s revenue comes from long-term contracts with the U.S. government and other entities, providing a stable revenue stream.
• Customization and Innovation: The ability to customize products to meet specific customer requirements and continuous innovation in technology are critical for maintaining a competitive edge.
• Global Reach: While a large portion of revenue is derived from the U.S. government, expanding commercial and international sales can drive growth and diversify revenue streams.

Frequency Electronics, Inc.'s Financial Performance

Key aspects of Frequency Electronics, Inc.'s financial performance include:

• Revenue Concentration: A significant portion of revenue is derived from sales to the U.S. government, which can create both stability and risk. Diversifying the customer base is an ongoing strategic focus.
• Gross Margin: The company’s gross margin is influenced by factors such as product mix, production efficiency, and pricing strategies. Maintaining a healthy gross margin is essential for profitability.
• Operating Expenses: Managing operating expenses, including research and development, sales and marketing, and administrative costs, is crucial for achieving sustainable profitability.
• Order Backlog: The size and composition of the company’s order backlog provide insights into future revenue potential and business activity.
• Net Income: Net income is the bottom-line measure of financial performance, reflecting the company’s ability to generate profits after all expenses and taxes.

For more detailed insights into the company's financial well-being, you can explore: Breaking Down Frequency Electronics, Inc. (FEIM) Financial Health: Key Insights for Investors

Frequency Electronics, Inc. (FEIM) Market Position & Future Outlook

Frequency Electronics, Inc. (FEIM) holds a significant position in the market for precision timing and frequency control solutions, with a focus on aerospace, defense, and telecommunications industries; the company's future outlook is shaped by strategic initiatives aimed at expanding its product offerings and market reach.

Competitive Landscape

Opportunities & Challenges

Industry Position

Frequency Electronics, Inc. operates within the specialized market of high-precision timing and frequency control. Here are some key points about its industry standing:

• FEIM is recognized for its expertise in providing high-reliability solutions for demanding applications, particularly in the aerospace and defense sectors.
• The company differentiates itself through its focus on customized solutions and its ability to meet stringent performance requirements.
• FEIM's industry position is reinforced by its long-standing relationships with key customers and its track record of delivering mission-critical products.

For more insights into Frequency Electronics, Inc.'s financial health, you can explore this resource: Breaking Down Frequency Electronics, Inc. (FEIM) Financial Health: Key Insights for Investors