01:59 PM EST, 11/20/2025 (MT Newswires) -- Cemtrex ( CETX ) said Thursday it has agreed to acquire Invocon, a Texas-based aerospace and defense engineering firm, for $7.06 million.
The deal, which is subject to customary closing conditions, is expected to close on or around Jan. 1, 2026, the company said.
After the acquisition closes, Cemtrex ( CETX ) plans to create a new Aerospace & Defense reporting segment, aiding its expansion into advanced engineering programs for U.S. government agencies, prime contractors and emerging commercial-space companies.
Shares of Cemtrex ( CETX ) were down nearly 20% in recent Thursday trading.
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