CETX Stock More Than Doubles As Cemtrex Subsidiary Bags US Navy Contract

• The SBIR Phase I contract bagged by the Cemtrex subsidiary is designed by the U.S. Department of Defense for small businesses that demonstrate solutions to specific military requirements.
• Cemtrex stated in a previous update that Invocon’s acquisition is expected to contribute $6 million to $7 million in revenue over the next 12 months.
• The company announced that Advanced Industrial Services, another subsidiary of Cemtrex, bagged a $1.2 million contract in March.

Cemtrex Inc. (CETX) more than doubled in Tuesday’s opening trade before paring some of the gains after the company announced that its subsidiary has been awarded a contract by the U.S. Navy.

Cemtrex stated that its subsidiary, Invocon, Inc., has been chosen under Phase 1 of the U.S. Navy’s Small Business Innovation Research (SBIR) to work on the Naval Sea Systems Command’s (NAVSEA) Modular Mine Warfare Components program.

Cemtrex shares were up nearly 65% in Tuesday morning’s trade after soaring more than 102% earlier in the opening session. Retail sentiment on Stocktwits around the company trended in the ‘extremely bullish’ territory at the time of writing, with message volumes at ‘extremely high’ levels.

Cemtrex CEO Says Contract Award Validates Invocon’s Technical Depth

Cemtrex CEO Saagar Govil stated that the contract award to Invocon validates the subsidiary’s technical depth. Acquired by Cemtrex in January 2026, Invocon is an aerospace and defense engineering firm that specializes in electronics, energetics, power systems, and precision instrumentation for defense and commercial launch customers.

“We are pleased to expand Invocon's relationship with NAVSEA and look forward to contributing to U.S. naval capability,” Govil added.

SBIR Phase I contracts are designed by the U.S. Department of Defense for small businesses that demonstrate solutions for specific requirements of the military.

Cemtrex stated in a previous update that Invocon’s acquisition is expected to contribute $6 million to $7 million in revenue over the next 12 months.

Another Cemtrex Subsidiary Wins $1.2M Contract

Cemtrex announced that its subsidiary, Advanced Industrial Services (AIS), bagged a $1.2 million contract in March.

Cemtrex stated that AIS will assist with planning, layout, unloading, installation, and commissioning of production equipment for a large national general contractor.

The company added that the project will be executed in multiple phases and is expected to run from the first quarter (Q1) of 2026 through Q1 of 2027.

CETX stock is down 49% year-to-date and 93% over the past 12 months. The Vanguard Extended Market Index Fund ETF (VXF) is up 36% over the past 12 months.

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