IEH Corp Backlog Surges Past $45M on $6.5M APKWS Orders
IEHC has more than doubled off its 52-week low of $6.5.
Summary
IEH Corp received $6.5M in new APKWS program orders, pushing backlog past $45M — nearly triple year-ago levels and up from $40M reported last month.
Key Events · Earnings and Guidance · IEHC
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Backlog Tops $45M
IEH Corp announced backlog now exceeds $45 million, nearly triple the level at this time last year and up from $40 million reported on August 7, 2026.
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$6.5M APKWS Orders
The company received $6.5 million in new orders over the last two weeks for Hyperboloid connectors supporting the APKWS precision-guided missile program.
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Defense Demand Accelerating
APKWS joins PATRIOT, THAAD, and other missile-defense programs using IEH's connectors, with management citing unprecedented demand and plans to increase capacity.
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Revenue Visibility
The $45M backlog provides substantial coverage relative to Q1 FY2027 revenue of $10M and supports management's prior projection of $36M in FY2027 revenue.
Analysis · IEHC · Manufacturing
IEH Corp disclosed $6.5 million in new orders for its Hyperboloid connectors supporting the APKWS precision-guided missile program, lifting total backlog to over $45 million — nearly triple the level a year ago. This extends a multi-month trend of accelerating defense demand: backlog was $38M+ in June and $40M in early August. The new orders represent roughly 65% of last quarter's total revenue of $10M, underscoring how quickly the defense pipeline is scaling. For a company with a market cap near $80M, a $45M backlog provides substantial revenue visibility into FY2027 and supports management's prior projection of $36M in FY2027 revenue.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, IEHC was trading at $32.15 on OTC in the Manufacturing sector, with a market capitalization of approximately $79.7M. The 52-week trading range was $6.50 to $33.88. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.