UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported) - December 5, 2006

                              IEC ELECTRONICS CORP.
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                 (State or Other Jurisdiction of Incorporation)

         0-6508                                            13-3458955
(Commission File Number)                       (IRS Employer Identification No.)

                    105 Norton Street, Newark, New York 14513
                (Address of principal executive offices)(Zipcode)

                                 (315) 331-7742
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_|   Written  communications  pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement  communications  pursuant  to  Rule  14d-2(b)  under  the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement  communications  pursuant  to  Rule  13e-4(c)  under  the
      Exchange Act (17 CFR 240.13e-4(c))



Item 2.03   Creation of a Direct Financial Obligation or an Obligation  Under an
            Off-Balance Sheet Arrangement

Effective as of December 4, 2006, the company and its lenders,  Keltic Financial
Partners,  LP entered into a Fifth  Amendment to the Loan  Agreement  originally
dated January 14, 2003.

Item 9.01   Financial Statements and Exhibits

(c) Exhibits

10.1 Fifth Amendment  dated as of December 4, 2006 to Loan Agreement  originally
dated January 14, 2003 among IEC Electronics  Corp ("IEC") and Keltic  Financial
Partners, LP.

SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                        IEC Electronics Corp.
                                        ---------------------
                                        (Registrant)


Date: December 5, 2006                  By: /s/ W. Barry Gilbert
                                        ------------------------
                                        W. Barry Gilbert
                                        Chairman, Chief Executive Officer

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