13 June 2026
IEH Corp
10-K / June 12, 2026
10-K / June 12, 2025
10-K / June 14, 2024
10-K / June 12, 2026
IEH Corporation
Overview
IEH designs and manufactures Hyperboloid interconnect connectors and contacts for high-reliability, rugged applications. The company’s core niche is Hyperboloid contact designs used in printed wiring board (PCB) style connectors. Primary end markets include defense, commercial aerospace, space launch, medical, oil & gas, and industrial applications.
Products and capabilities
- Hyperboloid connectors and contacts for PCB-style interconnects.
- HBH Hybrid Power/Signal Hyperboloid Connectors with a configuration tool to build custom connectors and download 3D models.
- Custom engineering services to design and develop connectors for specific customer applications.
- Certifications: Military Specification QPL (Qualified Product Listing) and ISO 9001:2015.
Markets and revenue mix (fiscal years ended March 31, 2026 and 2025)
- Defense: 63.2% (2026) and 65.7% (2025) of net revenues.
- Commercial aerospace: 25.2% (2026) and 19.9% (2025) of net revenues.
- Other markets (commercial space launch, medical, oil & gas, industrial): 11.6% (2026) and 14.4% (2025) of net revenues.
- International sales: 5.8% (2026) and 5.7% (2025).
- Sales channels: Independent sales representatives and distributors accounted for about 75% of net sales in the year ended March 31, 2026; the remainder was sold via direct customer contact.
- Customer concentration: Two customers accounted for 34.0% of net revenues in 2026 (23.5% and 10.5%); two customers accounted for 31.9% in 2025 (17.8% and 14.1%).
Backlog and production cycle
- Backlog: $27,782,000 as of March 31, 2026; $12,445,000 as of March 31, 2025.
- Delivery/fulfillment: Orders are typically filled and shipped within 12 to 24 weeks. Backlog generally consists of supply arrangements anticipated to ship within about 12 months.
- Backlog includes orders that may be canceled or rescheduled and is not a guaranteed predictor of future revenue.
Operations, facilities, and geography
- Headquarters and primary manufacturing/operations: Brooklyn, New York.
- 140 58th Street, Suite 8E — approximately 20,400 sq ft total (about 6,000 sq ft executive/administrative; 14,400 sq ft manufacturing/testing/plating).
- Remaining minimum annual rent: $1,508,049 (as of March 31, 2026).
- Allentown, Pennsylvania facility:
- 200 Cascade Drive, Bldg. 2, Suite H — approximately 28,800 sq ft total (about 4,800 sq ft admin; 24,000 sq ft manufacturing/testing).
- Remaining minimum annual rent: $573,639 (as of March 31, 2026).
Employees and labor relations
- Total employees: 176 as of March 31, 2026 (174 full-time).
- About half of the manufacturing/testing workforce is covered by a collective bargaining agreement with the United Auto Workers (Local 259); the contract expires March 31, 2027.
Ownership and corporate governance
- Family-managed business. CEO and President: David Offerman, great-grandson of founder Louis Offerman.
- The Offerman family owned about 44% of the common stock as of June 12, 2026 and generally votes together on shareholder matters, providing substantial influence over corporate actions.
- The company has elected reduced disclosure as a smaller reporting company under SEC rules.
Notes
IEH positions itself as a high-reliability, niche connector manufacturer focused on Hyperboloid interconnects, with emphasis on defense and aerospace markets and ongoing development of hybrid connector solutions. The company highlights custom engineering capabilities and government-qualified product listings, and it continues investments in a perpetual SAP-based system, with related remediation efforts underway.
