Frequency Electronics, Inc. reported its fiscal 2026 financial results, announcing a record $111 million funded backlog, representing a 34% sequential and 59% annual increase. The company established a three-year minimum gross margin target of 50% and an operating margin target of 30% by Fiscal 2029, while reaffirming its $150 million revenue target for Fiscal 2029. Frequency Electronics, Inc. is a provider of precision time and frequency generation technology for space and defense applications.
