Cemtrex, Inc. (NASDAQ:CETX, CETXP))) today announced that its subsidiary Invocon, Inc. has been selected as an apparently successful offeror for a Phase I Small Business Innovation Research (SBIR) contract with the Naval Sea Systems Command (NAVSEA). The award, under topic N254-P02: NAVSEA Open Topic for Modular Mine Warfare Components, recognizes Invocon's technical capabilities in advanced defense electronics and power systems engineering.

SBIR Phase I contracts are competitively awarded by the U.S. Department of Defense to small businesses demonstrating innovative solutions to defined military requirements. Invocon was among a limited number of firms selected from a national field of proposers.