MITCHEL FIELD, N.Y., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2025, ended October 31, 2024, on Tuesday, December 10, 2024, at 4:30 PM Eastern Time. This call is being webcast by Issuer Direct Corporation and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com . Investors and analysts may also access the call by dialing 888-506-0062. International callers may dial 973-528-0011. Callers should provide participant access code: 685880 or ask for the Frequency Electronics conference call. A telephone replay of the archived call will be available at 877-481-4010 (domestic), or 919-882-2331 (international), for one week following the call (replay passcode: 51761). Subsequent to that, the call can be accessed via a link available on the company’s website through March 10, 2025. About Frequency Electronics Frequency Electronics, Inc. (FEI) is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. FEI’s products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. FEI-Zyfer provides GPS and secure timing capabilities for critical military and commercial applications; FEI-Elcom Tech provides Electronic Warfare (“EW”) sub-systems and state-of-the-art RF and microwave products. FEI has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets. www.frequencyelectronics.com FEI’s Mission Statement: “Our mission is to transform discoveries and demonstrations made in research laboratories into practical, real-world products. We are proud of a legacy which has delivered precision time and frequency generation products, for space and other world-changing applications that are unavailable from any other source. We aim to continue that legacy while adapting our products and expertise to the needs of the future. With a relentless emphasis on excellence in everything we do, we aim, in these ways, to create value for our customers, employees, and stockholders.” Forward-Looking Statements The statements in this press release regarding future earnings and operations and other statements relating to the future constitute “forward-looking statements” pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, our inability to integrate operations and personnel, actions by significant customers or competitors, general domestic and international economic conditions, reliance on key customers, including the U.S. government, continued acceptance of the Company’s products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, other supply chain related issues, increasing costs for materials, operating related expenses, competitive developments, changes in manufacturing and transportation costs, the availability of capital, the outcome of any litigation and arbitration proceedings, and failure to maintain an effective system of internal controls over financial reporting. The factors listed above are not exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the Securities and Exchange Commission. The Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2024, filed on August 2, 2024 with the Securities and Exchange Commission includes additional factors that could materially and adversely impact the Company’s business, financial condition and results of operations, as such factors are updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the Securities and Exchange Commission’s website at www.sec.gov. Moreover, the Company operates in a very competitive and rapidly changing environment. New factors emerge from time to time and it is not possible for management to predict the impact of all these factors on the Company’s business, financial condition or results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not rely on forward-looking statements as a prediction of actual results. Any or all of the forward-looking statements contained in this press release and any other public statement made by the Company or its management may turn out to be incorrect. The Company expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Contact information: Dr. Thomas McClelland, President and Chief Executive Officer; Steven Bernstein, Chief Financial Officer; TELEPHONE: (516) 794-4500 ext.5000 WEBSITE : www.freqelec.com
President-elect Donald Trump praised Pete Hegseth, his embattled nominee for Defense secretary, in a social media post Friday, but some of the president-elect's allies are doubtful Hegseth can make it through the confirmation process. Hegseth doesn't appear to have the votes in the Senate to get confirmed and his nomination is in trouble, according to two sources close to Trump. "I believe the votes are not there for Pete," said a Trump adviser who asked not to be identified. "They're not going to be there. I think Trump will let Pete fight and come to that conclusion on his own." The second source said Hegseth's nomination appears to be doomed unless Trump "goes into full push." More: Pete Hegseth controversy explained: What to know amid backlash to Trump's Defense pick Trump lauded Hegseth, a combat veteran and former Fox News host, on social media Friday, writing that he "is doing very well." "His support is strong and deep, much more so than the Fake News would have you believe," Trump added. Trump seems committed to Hegseth for now, said a third source close to the president-elect. "That is my current sense," said the source. Hegseth's nomination has been teetering, though, amid a series of revelations about his personal life. He was accused of sexual assault, which he denies and for which he has never faced charges. And a whistleblower report first detailed by The New Yorker alleged he was forced out of leadership roles with two nonprofit veterans groups - Concerned Vets for America and Vets for Freedom - for personal misconduct, mismanagement of funds and intoxication on the job. More: Pete Hegseth vows he won't drink 'a drop of alcohol' if confirmed as defense secretary There also have been reports about excessive drinking by Hegseth during his stint at Fox News. The New York Times published an email sent to Hegseth by his mother in which she wrote “I have no respect for any man that belittles, lies, cheats, sleeps around and uses women for his own power and ego. You are that man (and have been for years)." Penelope Hegseth went on television this week to defend him and said she regrets the email. "Pete Hegseth is going to get his hearing before the Senate Armed Services Committee, not a sham hearing before the American media. We believe that Pete Hegseth is the right guy to lead the Department of Defense," Vice President-elect JD Vance told reporters Friday in North Carolina. "That’s why President Trump nominated him. We’re not abandoning this nomination.” Mark Lucas, who succeeded Pete Hegseth as executive director of Concerned Vets for America, dismissed the concerns about him as political. He said he didn't have any issues with Hegseth and is volunteering to testify before a Senate panel to support his confirmation Lucas also criticized people attacking Hegseth for doing so behind the cloak of anonymity. More: Alcohol, antipathy cloud Pete Hegseth sex assault allegations with conflicting accounts "They're going to run the same playbook against Pete Hegseth that they did with Brett Kavanaugh ," he told USA TODAY, referring to the Supreme Court justice who was accused sexual assault as a teenager during his 2018 confirmation. "If people want to come forward, they can. They can say whatever they want under oath. But it's going to be investigated." Hegseth may not benefit from the same "choir boy" treatment as Kavanaugh, said Mike Davis, who piloted Kavanaugh's contentious hearings as a Senate Judiciary Committee chief counsel. "Hegseth admits he was certainly not a choir boy. The Kavanaugh claims were ridiculous. Everyone who knew him knew he was a virgin into his 20s − then suddenly he's a serial rapist in high school?" Davis told USA TODAY. "Everyone knows Hegseth was a playboy. That doesn't mean he was a rapist. And the accusations, while serious, may not withstand public scrutiny after her public testimony." Davis said his group, the Article III Project, is mobilizing a phone, email and social media blitz to support Kash Patel and Hegseth. Hegseth's struggles have Trump considering a backup. He has been weighing replacing Hegseth with Florida Gov. Ron DeSantis , who ran against him in the GOP presidential primary. DeSantis, a Navy veteran, will join Trump at the Army-Navy football game on Dec. 14, according to Fox News . Hegseth said during his visit to the Capitol this week to meet with senators that he spoke with Trump and the president-elect is standing behind him. "He said: 'Keep going, keep fighting. I’m behind you all the way,'" Hegseth said of his conversation with Trump. "Why would I back down? I’ve always been a fighter. I'm here for the war fighters."NFL Pro Bowler's Wife Turns Heads In 'Make America Healthy Again' HatFollowing President-elect Donald Trump announcing his desire for US "control" of Greenland , the Danish government ramped up its defense spending for the Arctic island. Ahead of his inauguration for a second term at the White House and as part of his Cabinet nominations, Trump named Ken Howery, a former envoy to Sweden, as his ambassador to Copenhagen, before talking about the status of Greenland. The new defense package was a "double-digit billion amount" in krone which is tantamount to at least $1.5 billion, said Danish Defence Minister Troels Lund Poulsen. Terry Bradshaw given FOX NFL retirement view after Michael Strahan interruption NASA on high alert over Christmas Eve asteroid heading towards Earth This announcement is an "irony of fate" he said. On his Truth Social account, Trump said that Greenland, which has been a semi-autonomous part of Denmark for over six centuries, could host a massive US Air Force base. "For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity," he said. Following Trump's announcement, Greenland's elected Prime Minister Mute Egede released a statement where he said, "Greenland is ours. We are not for sale and will never be for sale. We must not lose our long struggle for freedom." According to Poulsen, the new package will help purchase two new inspection ships, two new long-range drones, and two extra dog sled teams for increased security. It will also allow enhanced staffing at Arctic Command in the capital Nuuk as well as upgrade one of Greenland's three primary civilian airports to handle F-35 supersonic fighter aircraft. "We have not invested enough in the Arctic for many years, now we are planning a stronger presence," he shared. While he did not reveal the exact figure, Danish media estimated the budget to be around 12-15 billion krone. With its Pituffik air base, Greenland's location is strategic for the US military and its early-warning system for ballistic missiles since the island lies in the shortest route from North America to Europe. Greenland has a population of 56,000 people. Since 2009, they have retained the right to declare independence from Denmark. However, they have refrained from doing so as they are significantly dependent on budget transfers from Copenhagen for sustenance. During his first term, Trump had expressed interest in purchasing the island from Denmark, a proposal that was vehemently refused by both Greenland and Denmark. Danish Prime Minister Mette Frederiksen had called Trump's offer "absurd" at the time.NASSAU, Bahamas (AP) — Scottie Scheffler birdied every hole but the par 3s on the front nine at Albany Golf Club on Friday and finished his bogey-free round with an 8-under 64 that gave him a two-shot lead in the Hero World Challenge. Two months off did nothing to slow the world's No. 1 player. Scheffler already has eight victories this year and is in position to get another before the end of the year. Scheffler was at 13-under 131, two ahead of Akshay Bhatia (66) and Justin Thomas (67), both of whom had to save par on the 18th hole to stay in range going into the weekend. Scheffler started with a lob wedge to 2 feet for birdie and never slowed until after he went out in 29 to seize control of the holiday tournament against a 20-man field. Scheffler cooled slightly on the back nine, except it didn't feel that way to him. “Front nine, just things were going my way. Back nine, maybe not as much,” Scheffler said. “A couple shots could end up closer to the hole, a couple putts go in, just little things.” Asked if he felt any frustration he didn't take it lower — he once shot 59 at the TPC Boston during the FedEx Cup playoffs — Scheffler sounded bemused. “I think in this game I think a lot of all y’all are looking for perfection out of us,” he said. “Today I shot 8 under on the golf course, not something I hang my head about. A lot of good things out there — clean card, bogey-free, eight birdies. Overall, I think I'm pretty pleased.” Thomas felt his 67 was stress-free, particularly the way he was driving the ball. The wind laid down again, rare for the Bahamas, though it is expected to pick up on the weekend. Thomas wasn't concerned to see Scheffler get off to a hot start, especially with three par 5s on the front nine and a short par 4 that at worst leaves a flip wedge to the green. “You literally can birdie every hole as soft as the greens are,” Thomas said. “He's a great player, a great wedge player, and you have a lot of birdie holes to start. I'm honestly surprised he only shot 8 under. It's a sneaky course because if you fall asleep on some shots, you can get out of position. But if you're on and focused and really in control of everything — like these last two days with no wind — you can just make so many birdies.” Ryder Cup captain Keegan Bradley had a 67 and was four shots behind. No matter how benign the conditions, it wasn't always easy. Cameron Young, who opened with a 64 for a two-shot lead, followed with a 75 despite making five birdies. That included a double bogey on the final hole when his approach tumbled down the bank into the rocks framing the lake that goes all the way down the 18th hole. Patrick Cantlay was trying to keep pace playing alongside Scheffler, but he had three bogeys over the final seven holes and fell seven shots behind with a 71. The tournament, hosted by Tiger Woods, is unofficial but offers world ranking points to all but the bottom three players because of the small field. It's the weakest field in 25 years, but Scheffler at No. 1 gives it enough cachet. He is the first player since Woods in 2009 to start and finish a year at No. 1 in the world. And even after a layoff — giving him time to tinker with a new putting stroke — it looks like it might be a while before anyone changes that. AP golf: https://apnews.com/hub/golf
Texas A&M will move to a digital ticket pull approach for students for home football games beginning in 2025, A&M President Mark A. Welsh III announced Friday in a message to the campus community. The move comes a couple weeks after A&M’s in-person ticket pull system for the Texas game brought forth grievances from students about the process, health and safety concerns, and perceived bad actors via social media. A&M has mulled the future of its ticket pull system for weeks, but Welsh made the final decision about its future on Friday. He said the decision was clear after he received feedback from current students, former students, parents and other university stakeholders. “We are the largest school in the SEC and the only one not utilizing a digital ticket pull option,” Welsh wrote in his message to the A&M community. “A recent student survey led by the Student Government Association showed that 63% of Texas A&M Sports Pass holders are in favor of an online ticket pull system. To that end, I have assembled a task force to outline what would be needed to move to a digital approach for ticket pull. This small and nimble group, which met for the first time earlier this week, will work over the next few weeks to develop a policy framework that can guide the teams that need to begin developing a technology solution for this purpose." Welsh said Vicki Dobiyanski, A&M’s associate vice president for student affairs, and Cade Coppinger, A&M’s current student body president, will co-chair the task force. Other task force members include: Amy Janac, the 12th Man Foundation’s assistant director of ticket operations and events; Debbie Lollar, A&M Transportation Services’ associate vice president; Sharon Mainka, chief of staff to A&M’s vice president for IT and chief information officer; Alexandra Rainey, deputy chief of staff in A&M’s president’s office; and Lacey Williams, the 12th Man Foundation’s vice president of ticketing. While Welsh said he loves A&M’s traditions and are a “magnificent part” of what makes A&M special, he shared why he felt it was time to change the tradition of in-person ticket pull. “The tradition of the 12th Man has been very well served by the practice of ticket pull over the years. For many, it became a rite of passage,” Welsh wrote. “However, as we grow and evolve as a university and work hard to preserve our valued traditions, the practices associated with those traditions sometimes also need to evolve. We put students at risk in the ticket pull for the Texas game. I will not risk letting that happen again. I’m confident we can create a digital solution that preserves the most important elements of the current system and allows us to welcome the 2025 football season safely filled with the Aggie Spirit.”
“The Hitman” star Chuck Norris announced Friday on Instagram that his mother died. “Wednesday morning, my brother Aaron and I’s wonderful mother went home to be with Jesus,” the famous martial artist and actor wrote on social media. She was 103 years old. “Our mom was a woman of unwavering faith, a beacon of light in our lives, and her love reflected God’s grace,” he said as he paid tribute to her online. Norris recalled fond memories from his childhood days. “Growing up, her laughter filled our home with joy, and her hugs provided a sense of safety that we will forever cherish.” A post shared by Chuck Norris (@chucknorris) Norris’ heartfelt post shows Norris and his mother sitting in chairs while leaning toward the camera for the photo. The sweet family moment showed Wilma’s hand resting on her son’s arm. Other images in the gallery showed her solo, as well as surrounded by loved ones over the years. “She had a remarkable way of making everyone feel special, often putting the needs of others before her own,” Norris wrote. HOLLYWOOD, CA – AUGUST 15: Chuck Norris arrives at the “The Expendables 2” – Los Angeles Premiere at Grauman’s Chinese Theatre on August 15, 2012 in Hollywood, California. (Photo by Steve Granitz/WireImage) Getty Images “From my earliest memories, she taught me the importance of kindness and compassion,” he wrote. “I am so thankful for the countless lessons she shared, the prayers she lifted for us, and the way she embodied the love of Christ every day.” He signed off by writing, “We love you, Mom. Until we meet again.” L’acteur américain Chuck Norris fait la promotion du film Pumping Iron a Taormina, le 24 juillet 1985 en Sicile. (Photo by frederic meylan/Sygma via Getty Images) Colleagues and fans from across the globe took to the comment section to share their condolences with Norris and his family. (RELATED: Wrestler-Actor Dies At Age 65, Co-Star George Clooney Pays Tribute) His mother’s cause of death has not been publicly shared as of Friday afternoon.
FORT LAUDERDALE, Fla. (AP) — A boat explosion at a South Florida marina has left one person dead and five others injured, officials said. The explosion occurred Monday night at the Lauderdale Marina, Fort Lauderdale Fire Rescue said in a social media post. Rescue workers transported five people to local hospitals, three with traumatic injuries, officials said. A sixth person was found dead in the water several hours later by the Broward Sheriff's Office. Fire rescue officials said they didn't immediately know what caused the explosion.Police officers stand near a body covered by a tarp outside of Feather River Adventist School after a shooting Wednesday, Dec. 4, 2024, in Oroville, Calif. (Michael Weber/The Chico Enterprise-Record via AP) Police officers stand near a body covered by a tarp outside of Feather River Adventist School after a shooting Wednesday, Dec. 4, 2024, in Oroville, Calif. (Michael Weber/The Chico Enterprise-Record via AP) Emergency personnel state outside the Feather River Adventist School after a shooting Wednesday, Dec. 4, 2024, in Oroville, Calif. (Michael Weber/The Chico Enterprise-Record via AP) Police tape blocks a road outside the Feather River Adventist School after a shooting Wednesday, Dec. 4, 2024, in Oroville, Calif. (Michael Weber/The Chico Enterprise-Record via AP) Police officers stand near a body covered by a tarp outside of Feather River Adventist School after a shooting Wednesday, Dec. 4, 2024, in Oroville, Calif. (Michael Weber/The Chico Enterprise-Record via AP) PALERMO, Calif. (AP) — Two children were wounded in a shooting Wednesday at a small religious K-8 school in Northern California and the shooter died from a suspected self-inflicted gunshot, sheriff’s officials said. The children’s conditions were not immediately known. The shooting occurred Wednesday afternoon at the Feather River School of Seventh-Day Adventists, a private, K-8 school in Palermo, a community of 5,500 people about 65 miles (104 km) north of Sacramento. Related Articles National News | Abandoned mines in the US pose dangers to people and property when land gives way National News | Dog food recalled in 7 states for salmonella risk after puppy litter gets sick, FDA says National News | White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign National News | Powell: Fed’s independence from politics is vital to its interest rate decisions National News | United Healthcare CEO kept a low public profile. Then he was shot to death in New York Butte County Sheriff Kory L. Honea said the 911 calls reported “an individual on campus who had fired shots at students,” and said that the shooter did not appear to have a connection to the school. The motive was not immediately known, he continued. One student was flown to a nearby hospital, Honea said. Authorities rushed students to the Oroville Church of the Nazarene to be reunited with their families, the sheriff’s office said. The school has been open since 1965 and caters to fewer than three dozen children, according to its website.
Greensburg Elementary, a STEM Certified School committed to prioritizing future focused learning opportunities to all students, recently hosted its second STEM Family Night. Students and families participated in a variety of activities integrating Science, Technology, Engineering and Math. Stations including 3D printing design with 3D pens, an assortment of robots, aeronautics, and race car science were created and led by GES teachers and staff members. Experts from community partners including the Purdue Extension Office, Honda Manufacturing, and the Kids Discovery Factory provided valuable STEM and career exploration opportunities. Families were also able to view an astronomy presentation in the StarLab, which is a portable, inflatable planetarium that teaches about the night sky.