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) Page 1 of 3 pagesITEM 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. 2 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 3