EXHIBIT 10.16

                              CONSULTING AGREEMENT

                                  July 29, 1997

Logimetrics, Inc.
50 Orville Drive
Bohemia, New York 11716

Attention:  Norman Phipps, President

Dear Mr. Phipps:

          This will confirm the arrangements,  terms and conditions  pursuant to
which MBF Capital  Corp.  (the  "Consultant"),  has been  retained to serve as a
financial  consultant and advisor to Logimetrics,  Inc., a Delaware  corporation
(the "Company"),  on a non-exclusive basis. The undersigned hereby agrees to the
following terms and conditions:

          1.  Duties of  Consultant.  Consultant  shall,  at the  request of the
Company, upon reasonable notice,  provide such financial consulting services and
advice pertaining to the Company's business affairs as the Company may from time
to time reasonably  request.  Without  limiting the generality of the foregoing,
Consultant  will  assist the  Company in  developing,  studying  and  evaluating
financing,   merger  and  acquisition,   and  strategic   proposals  based  upon
documentary information provided to the Consultant by the Company (collectively,
the "Consulting Services").

          The  Consulting  Services  may be rendered in person at the offices of
the Company,  or any of its  subsidiaries or affiliates,  at some other mutually
agreeable place, by telephone, or by correspondence. Consulting Services will be
provided on behalf of the Consultant by Mark B. Fisher  personally and,  without
the prior written consent of the Company,  the Consultant  shall not subcontract
or delegate to any other person or entity the performance of any such Consulting
Services.

          2. Term. The term of this Agreement  shall commence on the date hereof
(the   "Commencement   Date")  and  shall  continue  for  18  months  after  the
Commencement Date (the "Term").

          3. Compensation.  As compensation for Consulting  Services  hereunder,
the Company shall pay to Consult a monthly fee of Five Thousand Dollars ($5,000)
with the initial payment due on the  Commencement  Date and subsequent  payments
due on the first day of each calendar month during the Term.

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          4. Available Time.  Consultant shall cause Mark B. Fisher to devote up
to 25% of his business time to the performance of Consulting  Services hereunder
if requested by the Company.

          5.  Relationship.  Nothing  herein shall  constitute  Consultant as an
employee or agent of the  Company.  Consultant  shall not have the  authority to
obligate or commit the Company in any manner whatsoever.

          6.  Indemnification.  The Company  hereby agrees to indemnify and hold
harmless  the  Consultant  and  its  affiliates,  and the  directors,  officers,
shareholders,   agents  and  employees  of  the  Consultant   (collectively  the
"Indemnified  Persons"),  from and against any and all claims,  actions,  suits,
proceedings  (including,  without limitation,  those of shareholders),  damages,
liabilities  and  reasonable  out-of-pocket  expenses as incurred by any of them
(including  the  reasonable  fees and  disbursements  of counsel)  which are (A)
related  to or  arise  out of (i) any  actions  taken  or  omitted  to be  taken
(including any untrue  statements made or any statements  omitted to be made) by
the Company,  (ii) any actions  taken or omitted to be taken by any  Indemnified
Person in connection with the company's engagement of the Consultant pursuant to
this Agreement,  or (B) otherwise  related to or arising out of the Consultant's
activities on the Company's  behalf pursuant to this Agreement,  and the Company
shall reimburse any Indemnified Person for all reasonable out-of-pocket expenses
(including the reasonable fees and disbursements of counsel) as incurred by such
Indemnified Person in connection with investigating,  preparing or defending any
such claim, action, suit or proceeding (collectively a "Claim"),  whether or not
in  connection  with pending or threatened  litigation in which any  Indemnified
Person is a party. The Company will not,  however,  be responsible for any Claim
which is finally  judicially  determined to have resulted  exclusively  from the
gross  negligence  or willful  misconduct of the  Consultant or any  Indemnified
Person.

          The Company further agrees that it will not, without the prior written
consent of the  Consultant,  settle,  compromise  or consent to the entry of any
judgment in any pending or threatened Claim in respect of which  indemnification
may be sought hereunder  (whether or not any Indemnified  Person is an actual or
potential party to such Claim),  unless such  settlement,  compromise or consent
involves  only the  payment  of money  solely  by the  Company  or  includes  an
unconditional, irrevocable release of each Indemnified Person hereunder from any
and all liability arising out of such Claim.

          Promptly  upon  receipt  by an  Indemnified  Person  of  notice of any
complaint  or the  assertion or  institution  of any Claim with respect to which
such  Indemnified  Person  intends  to  seek  indemnification   hereunder,  such
Indemnified  Person  shall  promptly  notify  the  Company  in  writing  of such
complaint  or of such  assertion  or  institution  but  failure to so notify the
Company  shall not relieve  the it from any  obligation  it may have  hereunder,
unless and only to the extent such failure prejudices the Company,  and will not
in any event  relieve the Company from any other  obligation or liability it may
have to any Indemnified Person otherwise than under this Agreement.  The Company
shall  have the  right to  assume  the  defense  of such  Claim,  including  the
employment of counsel reasonably satisfactory to such Indemnified Person and the
payment  of the fees and  expenses  of such  counsel,  and,  except as set forth
below,  the Company shall have no  

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obligation  to pay  the  fees  and  disbursements  incurred  by  counsel  to the
Indemnified Persons  thereafter.  In the event,  however,  that such Indemnified
Person  reasonably  determines in its sole  judgment that having common  counsel
would  present such counsel with a conflict of interest or if the  defendant in,
or target of, any such Claim,  includes an  Indemnified  Person and the Company,
and  such  Indemnified  Person  reasonably  concludes  that  there  may be legal
defenses  available  to it or other  Indemnified  Persons  different  from or in
addition to those  available to the Company,  then such  Indemnified  Person may
employ its own separate  counsel to represent or defend it in any such Claim and
the Company  shall pay the fees and  expenses of such  counsel.  Notwithstanding
anything  herein to the  contrary,  if the Company fails to timely or diligently
defend,  contest,  or otherwise  protect  against any Claim,  the Company  shall
continue to be responsible  for the reasonable  fees and  disbursements  of such
counsel. In any Claim in which the Company assumes the defense,  the Indemnified
Person shall have the right to  participate  in such Claim and to retain its own
counsel  therefor at its own expense,  other than as set forth  above.  No Claim
shall be settled or  compromised  by any  Indemnified  Person  without the prior
written  approval  of the  Company,  which  approval  shall not be  unreasonably
withheld or delayed.

          The Company  agrees  that if any  indemnity  sought by an  Indemnified
Person  hereunder  is held by a court to be  unavailable  for any  reason,  then
(whether or not the Consultant is the Indemnified  Person),  the Company and the
Consultant  shall  contribute  to the  Claim for which  such  indemnity  is held
unavailable  in such  proportion  as is  appropriate  to  reflect  the  relative
benefits  to the  Company on the one hand and the  Consultant  on the other,  in
connection with the Consultant's  engagement  referred to above,  subject to the
limitation that in no event shall the amount of the Consultant's contribution to
such Claim exceed the amount of cash fees  actually  received by the  Consultant
from the Company pursuant to the Consultant's engagement.

          The  indemnity,  reimbursement  and  contribution  obligations  of the
Company  pursuant to this Agreement shall be in addition to, and shall in no way
limit or otherwise  adversely  affect any rights that any Indemnified  Party may
have at law or at equity.

          The Company hereby  consents to personal  jurisdiction  and service of
process  and venue in any court in which any claim for  indemnity  is brought by
any Indemnified Person.

          7.  Representations  of the  Company  and the  Consultant.  Each party
hereto  represents and warrants to the other that (i) it has the corporate power
and  authority  to  execute  and  deliver  this  Agreement  and to  perform  its
obligations  hereunder,  (ii) this  Agreement  has been duly  authorized  by all
requisite  corporate  action by it,  and  (iii)  this  agreement  is a valid and
binding agreement of it, enforceable against it in accordance with its terms.

          8. Notices. All notices or other communications  required or permitted
hereunder shall be in writing and shall be delivered personally, by facsimile or
sent by certified mail, return receipt requested, and shall be deemed given when
so delivered personally or by facsimile,  or if mailed, three days after mailing
as follows: If to the Company to Logimetrics,  Inc., 50 Orville Drive,  Bohemia,
New York 11716, Attention:  Chief Executive Officer,  Facsimile: (516) 784-4132,
Telephone:  (516) 784-4110,  with a copy to Lowenstein,  Sandler, Kohl, Fisher &
Boylan, 65 Livingston Avenue, Roseland, New Jersey 07068-1791,  Attention:  John
D. 

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Hogoboom, Esq.,  Facsimile:(201) 992-5820,  Telephone: (201) 992-8700; if to the
Consultant to: MBF Capital Corp. 12 East 49th Street,  35th Floor, New York, New
York 10017, attention: Mark Fisher, Facsimile: (212) 339-2834,  Telephone: (212)
339-2861,  with a copy to Tenzer Greenblatt LLP, 405 Lexington Avenue, New York,
New York 10174,  Attention:  Robert J. Mittman,  Esq., Facsimile (212) 885-8001,
Telephone (212) 885-5000 .

          9.  Assignment.  This  Agreement is personal to the Consultant and may
not be assigned by Consultant  without the Company's prior written consent.  Any
purported assignment in violation hereof shall be null and void ab initio.

          10.  Governing  Law. This  Agreement  shall be deemed to be a contract
made  under  the laws of the  State of New  York and for all  purposes  shall be
construed in accordance with the laws of said State.

          11.  Miscellaneous.  It is understood  that,  in  connection  with the
Consultant's engagement,  the Consultant may be engaged by the Company to act in
one or  more  additional  capacities  and  that  the  terms  of  any  additional
engagement other than the one set forth in this Agreement may be embodied in one
or more separate  written  agreements.  The provisions of this  Agreement  shall
remain in full force and effect  notwithstanding  the completion or termination,
prior to the stated term of this  Agreement,  of any of the  Consultant's  other
engagement(s) by the Company.

                                                  Very truly yours,

                                                  MBF CAPITAL CORP.


                                                  By: /s/Mark Fisher
                                                      _________________________
                                                      Name:  Mark Fisher
                                                      Title: President


AGREED AND ACCEPTED:

LOGIMETRICS, INC.

By: /s/Norman M. Phipps
    _____________________________
    Name: Norman M. Phipps
    Title:President