Cemtrex, Inc. completed the acquisition of Invocon, Inc., a Texas-based aerospace and defense engineering firm.
The acquisition marks the formal launch of Cemtrex's Aerospace & Defense segment, expanding its presence in the industry.
Invocon brings nearly four decades of experience in designing, manufacturing, and supporting advanced instrumentation and telemetry systems for aerospace applications.
Invocon's Revenue
Invocon generated average annual revenues of approximately $7.4 million with operating income of $1.7 million in 2023 and 2024.
SHIELD Program
Invocon has been awarded contracts under the Missile Defense Agency's SHIELD program, with a total program ceiling of up to $151 billion.
Acquisition Impact
Cemtrex aims to expand Invocon's participation in missile defense modernization and prime contractor programs.
- The acquisition strengthens Cemtrex's position in the aerospace and defense sector with Invocon's proven track record and customer relationships.
- Invocon's expertise complements Cemtrex's strategic focus on durable and profitable platforms in critical markets.
- Cemtrex's near-term priorities include maintaining customer relationships, expanding capture and proposal activities, and evaluating strategic growth opportunities.
The acquisition of Invocon is a strategic move for Cemtrex to enhance its presence in the aerospace and defense industry, leveraging Invocon's expertise and market position.