Cemtrex subsidiary wins U.S. Navy SBIR contract for mine warfare

April 7, 2026 12:53 PM EDT

Cemtrex Inc. (NASDAQ: CETX, CETXP) announced that its subsidiary Invocon Inc. has been selected for a Phase I Small Business Innovation Research contract with the Naval Sea Systems Command. The award falls under topic N254-P02: NAVSEA Open Topic for Modular Mine Warfare Components.



SBIR Phase I contracts are competitively awarded by the U.S. Department of Defense to small businesses demonstrating innovative solutions to military requirements. Invocon was selected from a national field of proposers for the contract.



"This selection reflects Invocon's growing relevance to U.S. Navy programs and validates the technical depth of our team," said Saagar Govil, CEO of Cemtrex. "We are pleased to expand Invocon's relationship with NAVSEA and look forward to contributing to U.S. naval capability."



Cemtrex acquired Invocon in January 2026. The aerospace and defense engineering firm, based in Conroe, Texas, specializes in electronics, energetics, power systems, and precision instrumentation for defense and commercial launch customers.



Cemtrex operates across security, industrial, and aerospace & defense sectors. The company's security segment is led by Vicon Industries, while its industrial segment operates through Advanced Industrial Services. The aerospace & defense segment is anchored by Invocon.



The information is based on a company press release statement.


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