IEC Bags Multi-Year Defense Contract Worth Over $45M


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  • Electronic manufacturing services provider IEC Electronics Corp (NASDAQ:IEC) has won a multi-year contract valued at over $45 million from a Tier 2 Department of Defense contractor. 
  • The award is a follow-on order. 
  • In 2019 IEC won the entire outsourcing of a program associated with secured communications equipment for U.S. aircraft, ground vehicles, and surface warships. 
  • Price action: IEC shares traded higher by 6.65% at $10.91 on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsContractsTechBriefsDepartment of Defense