Record backlog and defense wins at IEH Corp (OTCQX: IEHC)
Rhea-AI Filing Summary
IEH Corporation furnished an investor presentation highlighting strong demand, major defense program wins, and the clearing of prior regulatory issues. The company reports a record order backlog of $38M+, which is 65% higher than its previous record and has tripled over 12 months.
Recent defense orders include $15M for the PATRIOT missile system since March and additional orders tied to APKWS, AMRAAM, PATRIOT and LTAMDS radars, and THAAD. The presentation notes FY2025 revenue at 28, FY2026 at 29, and FY2027 revenue projected at $36M, described as one of the best years in company history. An SEC enforcement proceeding was dismissed in January 2026 and the company’s OTCQX listing was reinstated in February 2026.
Positive
- Record backlog and growth visibility: Order backlog above $38M, 65% higher than the prior record and tripled in 12 months, plus FY2027 revenue projected at $36M, signal strong booked demand.
- Regulatory and listing overhang removed: An SEC enforcement proceeding was dismissed in January 2026, and IEH’s OTCQX listing was reinstated in February 2026, reducing regulatory uncertainty and improving market visibility.
Negative
- Cost pressures on margins: The company cites recent cost challenges, including gold prices doubling between 2023 and 2025, along with tariffs and health insurance expenses, which have pressured profitability and require tighter cost controls.
Insights
Record backlog, defense wins, and resolved SEC matter support growth narrative.
IEH Corporation emphasizes a record $38M+ backlog, up 65% from its prior high and tripled in 12 months. This is driven by defense programs such as PATRIOT, AMRAAM, APKWS, LTAMDS, and THAAD, where its hyperboloid connectors are designed into critical systems.
The presentation also shows revenue recovery, with FY2027 projected at $36M, alongside prior challenges from higher gold prices, tariffs, and health insurance costs. Management highlights vertical integration and cost controls as responses, which could influence margins depending on execution.
Regulatory and market-access risks have eased: an SEC enforcement proceeding was dismissed in January 2026, and the stock returned to the OTCQX Best Market in February 2026. Future company filings and updates will clarify how quickly the backlog converts to revenue and how cost initiatives affect profitability.
8-K Event Classification
Key Figures
Key Terms
forward - looking statements regulatory
Hyperboloid contact technical
backlog financial
OTCQX market
precision - guided munition technical
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 7.01 | Regulation FD Disclosure |
David Offerman, the Chairman of the Board, President and Chief Executive Officer of IEH Corporation (the “Company”) will be presenting the information in the presentation slides attached hereto as Exhibit 99.1 at the Small Cap Growth Virtual Investor Conference on Thursday, June 4, 2026.
The furnishing of the attached presentation is not an admission to the materiality of the information therein. The information contained in the slides is summary information that is intended to be considered in the context more completion information included in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC through press release or through other public disclosures. For important information about forward -looking statement, see the slide titled “Forward Looking Statement in Exhibit 99.1.
The information in this Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, The information contained in this Item 7.01 and in the presentation attached as Exhibit 99.1 to this Current Report shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibit is attached to this Current Report on Form 8-K.
The following exhibit is attached to this Current Report on Form 8-K:
| Exhibit Number | Exhibit Title or Description | |
| 99.1 | Company slide presentation for Small Cap Growth Virtual Investor Conference on Thursday, June 4, 2026 | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| IEHC Corporation | ||
| By: /s/Subrata Purkayastha | ||
| Name: Subrata Purkayastha | ||
| Title: Chief Financial Officer | ||
| Date: June 8, 2026 |
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Exhibit 99.1
IEH Corporation (OTCQX: IEHC) Presentation for Small Cap Growth Virtual Investor Conference June 4, 2026 Dave Offerman President, CEO www.iehcorp.com
Forward Looking Statements This presentation may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or IEH`s future financial performance. Any statements that are not statements of historical fact (including without limitation statements to the effect that the Company or its management "believes", "expects", "anticipates", "plans", “intends” and similar expressions) should be considered forward looking statements that involve risks and uncertainties which could cause actual events or IEH`s actual results to differ materially from those indicated by the forward - looking statements. For a discussion of such risks and uncertainties, see “Risk Factors” in the company’s periodic reports filed with the SEC, including our Annual Report on Form 10 - K for the fiscal year ended March 31, 2024. In light of the risks and uncertainties inherent in the forward - looking statements included herein, the inclusion of such statements should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. The forward - looking statements contained in this presentation are made as of the date hereof and may become outdated over time. The Company does not assume any responsibility for updating any forward - looking statements.
85 Years. 4 Generations. Built to Last. • Founded 1941, New York City — publicly traded since 1954 • Hyperboloid connector licensee since the late 1960s • ~175 employees and growing; HQ Brooklyn, NY + facility Allentown, PA • Serving the defense, aerospace, space, medical and industrial markets
Hyperboloid Connectors and Contacts
What is Hyperboloid Technology
The Hyperboloid contact is an advanced design that satisfies performance requirements previously considered impossible. Unique in concept, it is used in connectors having the highest standards of performance. The distinguishing feature of the Hyperboloid socket is the hyperboloid - shaped sleeve formed by straight wires strung at an angle to the longitudinal axis. When the pin is inserted into this sleeve, the wires stretch, well within elastic limits, to accommodate it. In so doing, the wires wrap themselves around the pin providing a number of continuous line contact paths.
- Low Insertion/Extraction Forces - Impervious to Shock & Vibration - Higher Current - Carrying Capacity - Longer Life
PCB Connectors
IEH Products Power and Signal Contacts
IEH Products Custom Interconnects and Flex/Cable Assemblies
IEH Products High - Speed Connectors
IEH Products Modular Hybrid Connectors
Sector Distribution as of 3/31/26 Defense Commercial Aerospace Space Medical
Some of our Applications • Avionics Platforms • Engine Control Systems • Missiles and Torpedoes • Guidance Systems • Airborne and Ground Radars • Satellites • Rocket Launchers • Down - hole drilling equipment • Medical Devices • Industrial and Environmental Controls • Hand Held devices • Test Equipment • Fuel Management Systems • Military Radios
0 5000 10000 15000 20000 25000 30000 35000 40000 IEH Revenue Fiscal 2019 – 2027* (in thousands)
IEH Operating Income Fiscal 2019 – 2025 -8000 -6000 -4000 -2000 0 2000 4000 6000 8000 10000 2019 2020 2021 2022 2023 2024 2025
Cash 0 2000000 4000000 6000000 8000000 10000000 12000000 14000000 16000000 Account Name Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26
Backlog as of June 1, 2026 65% higher than it’s previous record high TRIPLED in the past 12 months $0.00 $5,000,000.00 $10,000,000.00 $15,000,000.00 $20,000,000.00 $25,000,000.00 $30,000,000.00 $35,000,000.00 $40,000,000.00 $45,000,000.00
Recent Defense Program Wins • PATRIOT Missile System $15M in orders received since March • APKWS Precision - Guided Munition $2.4M order received in January 2026, additional $5M+ expected in Fiscal 2027 • AMRAAM Missile System $2.5M worth of orders received in 2026, additional $12M expected in next few years • PATRIOT Radar $2.9M worth of orders received in 2026 • LTAMDS Radar $2.4M worth of orders received in 2026 • THAAD Air Defense System $500K worth of orders received in 2026, 7 - year commitment from US DOD
Recent News • January 2026: SEC Enforcement Proceeding Dismissed SEC recognized IEH fully rectified its late filings; all reports current since November 2023. Matter fully closed. • February 2026: OTCQX Listing Reinstated IEH (OTCQX: IEHC) upgraded from OTCID back to OTCQX Best Market — greater liquidity, transparency and investor visibility
Recent Cost Challenges • Gold – Doubled from 2023 - 2025 • Tariffs and Health Insurance also stressors on margins
Response • Investing in equipment to enable greater vertical integration, less reliance on outside, overseas suppliers • Larger gold volume purchases, to hedge against future increases • Tighter cost controls on inventory, SG&A • All growth in PA location
Market Tailwinds • Defense Spending at Historic Highs U.S. prioritizing equipment replenishment and readiness; demand for precision - guided munitions accelerating • Commercial Aerospace Recovery Boeing expanding 737MAX and 787 production; Airbus increasing build rates across narrowbody and widebody programs • Commercial Space Launch Ascendant Rapidly growing segment; IEH connectors qualified for high - reliability space and commercial space launch applications • Medical Device Market Expansion Growing addressable market for high - reliability connectors in medical and industrial applications
Strategic Diversification — Beyond “Two Baskets” • Expanding further into Medical Devices High - reliability Hyperboloid connectors well - suited for demanding medical applications • Driving Growth in Commercial Space IEH already serving space launch programs; significant runway for expansion • M&A as a Growth Lever Actively exploring acquisitions to diversify product mix and accelerate market entry
Why IEH Now • Record Order Backlog: $38M+ All - time high, 65% higher than previous all - time high, tripled in 12 months • Revenue Recovery in Full Swing FY2025: $28.8M FY2026 projected: $29.4M — 3rd best year in company history FY2027 projected $36M • Defense Surge is Structural and Long - Term PATRIOT, AMRAAM, THAAD, APKWS, LTAMDS — all rely on IEH Hyperboloid connectors • Regulatory Overhang Fully Cleared SEC matter dismissed Jan 2026; OTCQX listing reinstated Feb 2026
Moving Forward… - Record Backlog Converting to Revenue Over 12 – 24 Months, with a pipeline to support additional 3 - 5 years of growth - Market Diversification: Medical, Industrial, Space - Lean, more Vertically - Integrated Operations with Capacity and Capital to Grow - Enhanced Investor Visibility via OTCQX Reinstatement Join us for this next Stage in our Journey!
IEHCORP.COM Thank you! Dave Offerman President, CEO www.iehcorp.com