HUNTSVILLE — Reinforcing a commitment to its employee culture, Invariant has transitioned to a 100% Employee Stock Ownership Plan, the Huntsville-based defense contractor announced.
This strategic initiative also reflects the company’s remarkable growth over the past several years, the company said. As a cost-free benefit, the ESOP enhances employees’ retirement savings, allowing them to build wealth while contributing to the company’s success.
“When Brent Spears, Brett Gossage, and I founded Invariant two decades ago, we built the company on the belief that our employees are at the heart of everything we do,” said President David Anderson. “The launch of this ESOP is the natural next step in our growth story, allowing our team to share in the success they’ve helped create and reinforcing our collective commitment to innovation and excellence.”
The decision to implement the ESOP aligns with Invariant’s long-term vision, reinforcing its dedication to its employees and the defense sector, the company said. The transition strategically positions the organization to attract top talent, drive innovation, and provide exceptional value to its customers.
This announcement follows a banner year for Invariant, with contract wins exceeding $400 million.
“This transition is more than just a financial strategy; it’s about cultivating a workplace where our team feels valued and invested in our mission,” said Chief Financial Officer Stacy Riley. “As we grow, we want to ensure that our employee-owners are rewarded for their dedication and innovation.
“This ESOP will help us retain our talented team while attracting new professionals who are eager to be part of our success.”
To learn more about Invariant and its ESOP transition, visit invariant-corp.com.
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