Frontier Electronic Systems Corporation
How we got $426K
Based on typical figures for its industry (2022 Economic Census), not its own records.
Employees over time
▲ 7% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | Form 5500 | 138 | $13.8M |
| 2021 | Form 5500 | 128 | $12.8M |
| 2022 | Form 5500 | 129 | $12.9M |
| 2023 | Form 5500 | 145 | $14.5M |
| 2024 | Form 5500 | 147 | $14.7M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Some signs of a sale
- In business 26 years (since 2000)
From public records and the company's website, not a statement that it's for sale.
What they do
Frontier Electronic Systems designs and manufactures electronic hardware, software and test equipment for aerospace and defense customers, including US and allied naval forces, the Missile Defense Agency and NASA.
From the company's website. Industry: Administrative and support and waste management and remediation services.
Customers & suppliers
Customers
- Department of the Navy · federal contracts $47.1M
- Defense Logistics Agency · federal contracts $6.4M
- Department of the Air Force · federal contracts $1.2M
- Federal Prison Industries / Unicor · federal contracts $51K
- Defense Contract Management Agency · federal contracts $-1.9M
- NASA · named on its website
- Missile Defense Agency · named on its website
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Frontier Electronic Systems Corporation this business | $1.3M | — |
| First National Bank Stillwater | $1.3M | 0.2 mi |
| STILWATER RADIOLOGY LLC Stillwater · 4 employees | $1.6M | 0.2 mi |
| Payne County Farm Bureau Stillwater | $1.3M | 0.2 mi |
| Koby Oil Co Stillwater | $1.3M | 0.4 mi |
| FALCO ALARM OF STILLWATER, INC Stillwater · 5 employees | $1.8M | 0.5 mi |
| FALCO COMMUNICATIONS INC Stillwater · 8 employees | $1.2M | 0.5 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $426K |
| Multiple for this size and industry | 2.5× |
| Value range | $106K – $763K |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Administrative and support and waste management and remediation services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (14%). Treat these as a rough guide.
| Revenue range | $391K – $1.9M |
| EBITDA range | $53K – $254K |
| Industry (NAICS) | Administrative and support and waste management and remediation services (56) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
Advisors
- AccountingHeatherington & FieldsAudits its 401(k) plan (2024 filing)
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Frontier Electronic Systems Corporation
Frontier Electronic Systems Corporation is an administrative and support and waste management and remediation services company in Stillwater, Oklahoma, in business since 2000. It is owned by Brenda Rolls (President & CEO). Its estimated annual revenue is about $1.3M, with roughly $171K of EBITDA. It has about 147 employees. Its estimated business value is $426K (likely range $106K–$763K).
Common questions
- Who owns Frontier Electronic Systems Corporation?
- Frontier Electronic Systems Corporation is owned by Brenda Rolls (President & CEO), according to public sources such as the company's website or filings.
- How much revenue does Frontier Electronic Systems Corporation make?
- SeeBITDA estimates Frontier Electronic Systems Corporation's annual revenue at about $1.3M (likely between $391K and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Frontier Electronic Systems Corporation worth?
- About $426K, roughly 2.5× its estimated EBITDA of $171K, typical for a administrative and support and waste management and remediation services company its size. Likely range: $106K–$763K.
- How many employees does Frontier Electronic Systems Corporation have?
- About 147, from its 2024 retirement-plan filing.
- When was Frontier Electronic Systems Corporation founded?
- Frontier Electronic Systems Corporation has been in business since 2000.