SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): MARCH 14, 1997
FREQUENCY ELECTRONICS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-8061 11-1986657
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
55 CHARLES LINDBERGH BLVD., MITCHEL FIELD, NY 11553
(Address of principal executive offices) (Zip Code)
(516) 794-4500
(Registrant's telephone number, including area code)
NONE
(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 5. OTHER EVENTS
On February 14, 1997, registrant commenced an action by
filing a complaint in the United States District Court for the
Eastern District of Virginia, Case Number CV 97-230-A, entitled
"Frequency Electronics, Inc., Plaintiff, against United States
of America, Department of the Air Force, Defendant". The action
sought to compel the defendant to discontinue registrant's
suspension from receiving new Government contracts. Defendant
moved for summary judgment claiming its actions were within the
authority granted by Federal Acquisition Regulations. On March
14, 1997, the United States District Court for the Eastern
District of Virginia dismissed registrant's complaint.
Registrant is reviewing its alternatives for future action on
this matter, including an appeal of the Court's decision.
For a further discussion of the suspension referred to
above and of matters related thereto, reference is made to the
following reports of registrant filed under Section 13 of the
Securities Exchange Act of 1934, all of which are on file at the
Securities and Exchange Commission:
Annual reports on Form 10-K for the following fiscal
years ended April 30 in the following items of such
reports: Items 1 and 3 - 1988 and 1989; Items 1,3 and 8 -
1992, 1993 and 1996; and Items 1, 3, 7 and 8 - 1990, 1991,
1994 and 1995.
Quarterly reports on Form 10-Q for the following
fiscal quarters ended January 31 in Part I of such reports:
1990 and 1991.
Current reports on Form 8-K at the following dates in
Item 5 thereof: February 5, April 6 and December 17, 1990;
October 18, November 17 and November 22, 1993; November 7,
1994; and July 27; November 20, 1995; and February 14,
1997.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
FREQUENCY ELECTRONICS, INC.
By /s/ Joseph P. Franklin
JOSEPH P. FRANKLIN, Chairman
of the Board of Directors
Dated: March 21, 1997
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