Frequency Electronics, Inc. Appoints Russell Sarachek as Chairman of the Board of Directors
March 12, 2020 at 04:03 pm EDT
Share
Frequency Electronics, Inc. announced the election of Russell Sarachek as Chairman of the Board of directors. Mr. Sarachek has served as a Director of the Company since August 2016. He is also currently Managing Director of Contra Capital, LLC, serving in that capacity since 2002. In addition to his in-depth knowledge of Frequency Electronics, Mr. Sarachek has broad knowledge in public company governance practices, as well as extensive aerospace and defense industry expertise.
Frequency Electronics, Inc. is engaged in the design, development and manufacture of precision timing, frequency generation and radio frequency control products for space and terrestrial applications. The Company operates through two segments: FEI-NY and FEI-Zyfer. FEI-NY segment provides precision time, frequency generation and synchronization products and subsystems that are found on-board satellites, in ground-based communication systems and imbedded in mobile platforms operated by the United States military. FEI-Zyfer designs, develops, and manufactures products which provide Precision Navigation and Timing (PNT), primarily incorporating Global Navigation Satellite System(s) technology. FEI-Zyfers products make use of both in-the-clear civil and crypto-secured military signals for global positioning systems (GPS). FEI-Zyfers products are integrated into radar systems, information networks, test equipment, military command and control terminals, and satellite ground stations.