<ARTICLE> 5 <LEGEND> </LEGEND> <CIK> 0000039020 <NAME> Frequency Electronics, Inc. <MULTIPLIER> 1000 <PERIOD-TYPE> year <FISCAL-YEAR-END> APR-30-1997 <PERIOD-START> MAY-01-1996 <PERIOD-END> APR-30-1997 <CASH> 3,448 <SECURITIES> 21,112 <RECEIVABLES> 14,987 <ALLOWANCES> 190 <INVENTORY> 11,060 <CURRENT-ASSETS> 51,650 <PP&E> 25,082 <DEPRECIATION> 16,023 <TOTAL-ASSETS> 74,866 <CURRENT-LIABILITIES> 14,340 <BONDS> 11,405 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 6,006 <OTHER-SE> 49,060 <TOTAL-LIABILITY-AND-EQUITY> 74,866 <SALES> 27,929 <TOTAL-REVENUES> 31,196 <CGS> 18,075 <TOTAL-COSTS> 25,254 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 42 <INTEREST-EXPENSE> 879 <INCOME-PRETAX> 5,063 <INCOME-TAX> 200 <INCOME-CONTINUING> 4,863 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,863 <EPS-PRIMARY> .99 <EPS-DILUTED> .99