The present disclosure provides systems and methods for synchronizing the time signals of master and remote IEDs using a radio link. According to one embodiment, a master IED may transmit an adjusted time signal to a remote IED via a radio signal. The master IED may determine a propagation delay between the master IED and a remote IED. The master IED may then adjust a master time signal by the propagation delay and transmit the adjusted time signal to the remote IED. Alternatively, a remote IED may request and receive a master time signal from a master IED via a radio signal. The remote IED may then determine the propagation delay and adjust the received master time signal accordingly. According to various embodiments, the time signal of a master and remote IED may be synchronized to within at least one millisecond.