Business UpdateJun 8, 2026, 11:56 AM
IEH Corp Presents at Investor Conference; Reports Record $38M+ Backlog
AI Summary
IEH Corp's Chairman, President, and CEO, David Offerman, presented at the Small Cap Growth Virtual Investor Conference on June 4, 2026, highlighting significant business advancements. The company reported a record order backlog exceeding $38 million, which is 65% higher than its previous record and has tripled in the past 12 months. IEH Corp projects FY2026 revenue of $29.4 million and FY2027 revenue of $36 million. The presentation also detailed recent defense program wins, including substantial orders for PATRIOT, APKWS, AMRAAM, LTAMDS, and THAAD missile systems, alongside the resolution of an SEC enforcement proceeding and the reinstatement of its OTCQX listing.
Key Highlights
- Record order backlog of over $38M, 65% higher than previous record.
- Backlog tripled in the past 12 months.
- Projected FY2026 revenue of $29.4M; projected FY2027 revenue of $36M.
- Received $15M in PATRIOT Missile System orders since March.
- Secured $2.4M APKWS order in Jan 2026, with $5M+ expected in FY2027.
- Received $2.5M AMRAAM orders in 2026, with $12M expected in future.
- SEC enforcement proceeding dismissed in January 2026.
- OTCQX listing reinstated in February 2026.
Price Impact
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