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): September 13, 2000





                           FREQUENCY ELECTRONICS, INC.
             (Exact name of registrant as specified in its charter)


      Delaware                       1-8061                      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 5 pages


<PAGE>



Item 2.       Acquisition or Disposition of Assets.

     On September 13, 2000, Frequency Electronics,  Inc., a Delaware corporation
(the   "Registrant")   completed  its   acquisition   (the   "Acquisition")   of
substantially  all of the  outstanding  shares  of  Gillam  S.A.  ("Gillam"),  a
privately-held  company  organized under the laws of Belgium.  Gillam's business
(the "Gillam Business") is based in the  telecommunications  market and targeted
to  four  main  fields:  (i)  "Network   Synchronization"--managing  timing  and
interconnectivity for communication networks; (ii) "Remote  Control"--consisting
of network monitoring systems;  (iii) "Rural  Telephony"--equipment  designed to
connect  isolated  subscribers  to a telephone  network via  satellite  and (iv)
"Power Supplies" --produced through a subsidiary, for telecom service providers.
The Registrant  intends to continue  operating the Gillam Business,  focusing on
those fields which are expected to generate the greatest  long-term  returns and
which are most closely  associated with Gillam's core  technologies.  Registrant
expects  Gillam  to  play  a  significant   role  in  introducing   Registrant's
communications products into European markets.

     The Acquisition  was consummated  pursuant to the terms of a Share Purchase
Agreement  dated as of August 29, 2000 (the  "Share  Purchase  Agreement").  The
Registrant  acquired an  aggregate of 709,212  common  shares (out of a total of
709,212  shares   outstanding)   of  Gillam  (the  "Gillam   Shares")  from  the
shareholders of Gillam.  In consideration  of the Gillam Shares,  the Registrant
paid to the Gillam  shareholders  an aggregate of $8,400,264 in cash and 154,681
shares of Registrant's  common stock ("FEI Common  Stock"),  par value $1.00 per
share  (collectively,  the "Purchase Price"). The FEI Common Stock issued to the
Shareholders are restricted  securities under the federal securities laws. Under
the Share  Purchase  Agreement,  based upon the  market  value of the FEI Common
Stock on July 25, 2002, Registrant may be required to issue  to the Shareholders
up to 35,000  additional  shares of FEI Common  Stock.  The  Purchase  Price was
determined by negotiation  among the parties.  The Registrant  financed the cash
component of the Purchase Price from its working  capital.  The press release of
the Registrant,  attached hereto as Exhibit 99.1,  announcing the transaction is
incorporated herein by reference.

Item 7.       Financial Statements and Exhibits.

(a)      Financial Statements of Business Acquired.

         The Registrant will file the required financial statements of Gillam on
or before 60 days after the date hereof.

(c)      Exhibits.

         99.1     Press Release of the Registrant dated August 30, 2000

<PAGE>


                                   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/ Alan Miller
                                        ----------------
Date:  September 28, 2000                Alan Miller
                                         Treasurer and Chief Financial Officer


<PAGE>
                                                                    Exhibit 99.1

General Joseph P. Franklin
55 Charles Lindbergh Boulevard
Mitchel Field, NY  11553
Telephone: (516) 794-4500
August 30, 2000

                                  PRESS RELEASE

         Frequency Electronics, Inc. to Acquire Gillam, S.A. - A Leading

            Belgian Wireline Telecom Synchronization Products Company

Frequency  Electronics,  Inc.  (AMEX:FEI)  announced  today that it has signed a
definitive agreement to purchase Gillam, S.A., a privately-held  Belgian company
which  develops  and  manufactures  wireline  telecom  synchronization,  network
monitoring,  and power supply  products with  principal  offices and  facilities
located in Liege,  Belgium.  FEI will pay approximately $8.5 million in cash and
200,000 shares of FEI stock for the stock of Gillam. The transaction is expected
to close within 30 days.

Gillam's  consolidated  revenues for the 12 months  ended March 31,  2000,  were
approximately $16 million. The pro-forma combined revenues of both companies for
the same  period  were  approximately  $43  million.  The  purchase of Gillam is
expected  to be  accretive  to FEI's  earnings.  The  transaction  includes  the
purchase of  Gillam's  main  Belgian  facility  and  corporate  headquarters,  a
manufacturing  and service facility in  Chalon-sur-Saone,  France,  as well as a
minority holding in a similar operation in Pinhal Novo, Portugal.

"We are very  pleased to join  forces  with  Gillam,  S.A.,  a  highly-respected
European  manufacturer  of products that are  synergistic  with our own," stated
Frequency  Chairman Joseph Franklin.  "This will allow us to offer  connectivity
solutions  between  wireless and wireline  networks,  and will give FEI a strong
entry into the European markets. Gillam's wireline synchronization,  monitoring,
and  instrumentation  systems  will be  added to  FEI's  world-leading  wireless
product lines. Gillam's current management,  with more than 15 years of industry
experience,   will  remain  in  place  and  will  play  an  important   role  in
significantly  increasing  our  share  of the  rapidly  growing  global  telecom
markets."

Michel Gillard, Gillam's President,  stated, "In Frequency Electronics,  we have
found an ideal partner for the expansion of our business.  Frequency's worldwide
leadership  position and unique  technologies,  specifically  precision  quartz,
rubidium, and cesium will greatly augment Gillam's capabilities.  I believe this
transaction  will prove to be a great step  forward for  Gillam-FEI,  as our new
company  will be known,  and is in the best  interests  of  Gillam's  customers,
shareholders and employees."


<PAGE>
                                                                    Exhibit 99.1

TM Capital Corp., a New York based investment  banking firm, served as financial
advisor to Frequency Electronics, Inc. in connection with this transaction.

Frequency  Electronics,  Inc. is a world leader in the design,  development  and
manufacture of high-technology  frequency,  timing and synchronization  products
for satellite and  terrestrial  voice,  video and data  telecommunications.  The
Company's  technologies  provide unique  solutions  that are essential  building
blocks  for  the  next   generation  of  broadband   wireless  and  fiber  optic
communications  systems,  and for the ongoing expansion of existing wireless and
wireline  networks.  Additional  information  is  available  on  FEI's  website:
www.frequencyelectronics.com.

Safe Harbor  Statement  under the Private  Securities  Litigation  Reform Act of
1995:  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, ability to
integrate  operations  and  personnel,   actions  by  significant  customers  or
competitors,  general domestic and international  economic conditions,  consumer
spending  trends,  reliance  on  key  customers,  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,  competitive  developments,  changes in manufacturing  and
transportation  costs, the availability of capital,  and other risks detailed in
the  Company's   periodic  report  filings  with  the  Securities  and  Exchange
Commission. By making these forward-looking  statements,  the Company undertakes
no obligation to update these statements for revisions or changes after the date
of this release.
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "ACQUISITION OF GILLAM S.A.", "secsgml_size_bytes": 9803}]
{"company-data": {"conformed-name": "FREQUENCY ELECTRONICS INC", "cik": "0000039020", "assigned-sic": "3825", "irs-number": "111986657", "state-of-incorporation": "DE", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08061", "film-number": "731446"}, "business-address": {"street1": "55 CHARLES LINDBERGH BLVD", "city": "MITCHEL FIELD", "state": "NY", "zip": "11553", "phone": "5167944500"}, "mail-address": {"street1": "55 CHARLES LINDBERGH BOULEVARD", "city": "MITCHELL FIELD", "state": "NY", "zip": "11553"}}
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): September 13, 2000

                           FREQUENCY ELECTRONICS, INC.
             (Exact name of registrant as specified in its charter)

      Delaware                       1-8061                      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 5 pages
Item 2.       Acquisition or Disposition of Assets.

     On September 13, 2000, Frequency Electronics,  Inc., a Delaware corporation
(the   "Registrant")   completed  its   acquisition   (the   "Acquisition")   of
substantially  all of the  outstanding  shares  of  Gillam  S.A.  ("Gillam"),  a
privately-held  company  organized under the laws of Belgium.  Gillam's business
(the "Gillam Business") is based in the  telecommunications  market and targeted
to  four  main  fields:  (i)  "Network   Synchronization"--managing  timing  and
interconnectivity for communication networks; (ii) "Remote  Control"--consisting
of network monitoring systems;  (iii) "Rural  Telephony"--equipment  designed to
connect  isolated  subscribers  to a telephone  network via  satellite  and (iv)
"Power Supplies" --produced through a subsidiary, for telecom service providers.
The Registrant  intends to continue  operating the Gillam Business,  focusing on
those fields which are expected to generate the greatest  long-term  returns and
which are most closely  associated with Gillam's core  technologies.  Registrant
expects  Gillam  to  play  a  significant   role  in  introducing   Registrant's
communications products into European markets.

     The Acquisition  was consummated  pursuant to the terms of a Share Purchase
Agreement  dated as of August 29, 2000 (the  "Share  Purchase  Agreement").  The
Registrant  acquired an  aggregate of 709,212  common  shares (out of a total of
709,212  shares   outstanding)   of  Gillam  (the  "Gillam   Shares")  from  the
shareholders of Gillam.  In consideration  of the Gillam Shares,  the Registrant
paid to the Gillam  shareholders  an aggregate of $8,400,264 in cash and 154,681
shares of Registrant's  common stock ("FEI Common  Stock"),  par value $1.00 per
share  (collectively,  the "Purchase Price"). The FEI Common Stock issued to the
Shareholders are restricted  securities under the federal securities laws. Under
the Share  Purchase  Agreement,  based upon the  market  value of the FEI Common
Stock on July 25, 2002, Registrant may be required to issue  to the Shareholders
up to 35,000  additional  shares of FEI Common  Stock.  The  Purchase  Price was
determined by negotiation  among the parties.  The Registrant  financed the cash
component of the Purchase Price from its working  capital.  The press release of
the Registrant,  attached hereto as Exhibit 99.1,  announcing the transaction is
incorporated herein by reference.

Item 7.       Financial Statements and Exhibits.

(a)      Financial Statements of Business Acquired.

         The Registrant will file the required financial statements of Gillam on
or before 60 days after the date hereof.

(c)      Exhibits.

         99.1     Press Release of the Registrant dated August 30, 2000
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/ Alan Miller
                                        ----------------
Date:  September 28, 2000                Alan Miller
                                         Treasurer and Chief Financial Officer
Exhibit 99.1

General Joseph P. Franklin
55 Charles Lindbergh Boulevard
Mitchel Field, NY  11553
Telephone: (516) 794-4500
August 30, 2000

                                  PRESS RELEASE

         Frequency Electronics, Inc. to Acquire Gillam, S.A. - A Leading

            Belgian Wireline Telecom Synchronization Products Company

Frequency  Electronics,  Inc.  (AMEX:FEI)  announced  today that it has signed a
definitive agreement to purchase Gillam, S.A., a privately-held  Belgian company
which  develops  and  manufactures  wireline  telecom  synchronization,  network
monitoring,  and power supply  products with  principal  offices and  facilities
located in Liege,  Belgium.  FEI will pay approximately $8.5 million in cash and
200,000 shares of FEI stock for the stock of Gillam. The transaction is expected
to close within 30 days.

Gillam's  consolidated  revenues for the 12 months  ended March 31,  2000,  were
approximately $16 million. The pro-forma combined revenues of both companies for
the same  period  were  approximately  $43  million.  The  purchase of Gillam is
expected  to be  accretive  to FEI's  earnings.  The  transaction  includes  the
purchase of  Gillam's  main  Belgian  facility  and  corporate  headquarters,  a
manufacturing  and service facility in  Chalon-sur-Saone,  France,  as well as a
minority holding in a similar operation in Pinhal Novo, Portugal.

"We are very  pleased to join  forces  with  Gillam,  S.A.,  a  highly-respected
European  manufacturer  of products that are  synergistic  with our own," stated
Frequency  Chairman Joseph Franklin.  "This will allow us to offer  connectivity
solutions  between  wireless and wireline  networks,  and will give FEI a strong
entry into the European markets. Gillam's wireline synchronization,  monitoring,
and  instrumentation  systems  will be  added to  FEI's  world-leading  wireless
product lines. Gillam's current management,  with more than 15 years of industry
experience,   will  remain  in  place  and  will  play  an  important   role  in
significantly  increasing  our  share  of the  rapidly  growing  global  telecom
markets."

Michel Gillard, Gillam's President,  stated, "In Frequency Electronics,  we have
found an ideal partner for the expansion of our business.  Frequency's worldwide
leadership  position and unique  technologies,  specifically  precision  quartz,
rubidium, and cesium will greatly augment Gillam's capabilities.  I believe this
transaction  will prove to be a great step  forward for  Gillam-FEI,  as our new
company  will be known,  and is in the best  interests  of  Gillam's  customers,
shareholders and employees."
Exhibit 99.1

TM Capital Corp., a New York based investment  banking firm, served as financial
advisor to Frequency Electronics, Inc. in connection with this transaction.

Frequency  Electronics,  Inc. is a world leader in the design,  development  and
manufacture of high-technology  frequency,  timing and synchronization  products
for satellite and  terrestrial  voice,  video and data  telecommunications.  The
Company's  technologies  provide unique  solutions  that are essential  building
blocks  for  the  next   generation  of  broadband   wireless  and  fiber  optic
communications  systems,  and for the ongoing expansion of existing wireless and
wireline  networks.  Additional  information  is  available  on  FEI's  website:
www.frequencyelectronics.com.

Safe Harbor  Statement  under the Private  Securities  Litigation  Reform Act of
1995:  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, ability to
integrate  operations  and  personnel,   actions  by  significant  customers  or
competitors,  general domestic and international  economic conditions,  consumer
spending  trends,  reliance  on  key  customers,  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,  competitive  developments,  changes in manufacturing  and
transportation  costs, the availability of capital,  and other risks detailed in
the  Company's   periodic  report  filings  with  the  Securities  and  Exchange
Commission. By making these forward-looking  statements,  the Company undertakes
no obligation to update these statements for revisions or changes after the date
of this release.