Workflow
wireless sensing
icon
Search documents
Cemtrex Completes Acquisition of Invocon, Launches Aerospace & Defense Segment and Expands Participation in Missile Defense Modernization
Globenewswire· 2026-01-08 21:10
Core Viewpoint - Cemtrex, Inc. has completed the acquisition of Invocon, Inc., marking the launch of its Aerospace & Defense segment, which is supported by established relationships with the U.S. government and prime contractors [1][6]. Company Overview - Cemtrex, Inc. is a diversified industrial and technology company operating in the Security, Industrial, and Aerospace & Defense sectors [8][9]. - The Aerospace & Defense segment, now anchored by Invocon, focuses on mission-critical engineering, instrumentation, and sensing solutions for aerospace, defense, and space-based programs [9]. Acquisition Details - Invocon, Inc. is a Texas-based aerospace and defense engineering firm with nearly four decades of experience in advanced instrumentation and telemetry systems [2]. - The acquisition includes 100 percent of Invocon's issued and outstanding shares, allowing Invocon to leverage Cemtrex's capital resources and public-company infrastructure [7]. Financial Performance - Invocon has generated average annual revenues of approximately $7.4 million and operating income of about $1.7 million, indicating a profitable business model [3]. Strategic Contracts - Invocon has been awarded contracts under the Missile Defense Agency's SHIELD program, which has a total program ceiling of up to $151 billion, aimed at enhancing missile defense capabilities [4]. Industry Context - The U.S. defense environment is experiencing a shift towards missile defense and resilient sensing systems due to increased global conflict and strategic competition [5]. - There is a growing demand for flight-proven engineering capabilities in both defense and commercial space sectors [5]. Future Priorities - Post-acquisition, Cemtrex aims to maintain continuity with Invocon's customers, expand proposal activities in missile defense and aerospace programs, and explore additional strategic opportunities [7].