 MITCHEL FIELD, N.Y., Oct. 15, 2021 GLOBE NEWSWIRE -- Frequency Electronics, Inc. FEI or the Company NASDAQ-FEIM announced the award of a contract for space-qualified precision oscillators for ultimate application to a government satellite program. This order is an exercise of options on a current contract. Value of the award is approx. 5.3m. The contract period of performance runs through October of 2024. No further details of the award are being released. 