Frequency Electronics just shattered records with a $111 million funded backlog — a massive leap after a year focused on digestion. Their book-to-bill ratio nearly tripled, and fiscal 2026 was their biggest booking year ever, giving them unprecedented visibility into future revenue. They’re on track to smash quarterly revenue records, backed by massive satellite contracts, classified programs, and replenishment orders for Patriot and THAAD. New frontiers like quantum sensing and space defense are already delivering multi-billion dollar opportunities, including a $7 million lunar atomic clock contract and GPS-denied tech solutions. With government funding surging across sectors, they’re targeting $150 million in revenue within three years — growing at 34% annually — while hitting 50% gross and 30% operating margins by FY2029 through smarter production and operations.
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