RICHARDSON, TX / ACCESSWIRE / December 11, 2024 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a three-year, Indefinite Delivery Indefinite Quantity (IDIQ) contract for Optically Improved Periscopes from DLA Land and Marine with a maximum value of $6.5 million and two additional option years. Danny Schoening, CEO, Optex Systems stated "Optex continues to support our domestic armored vehicle manufactures through the ongoing supply of laser protected periscopes.
RICHARDSON, TX / ACCESSWIRE / December 10, 2024 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new contract for Laser Filter Units and Window Assemblies supporting Night Vision devices utilized by the U.S. Armed Forces. The order value is $2.0 million with deliveries covering March 2025 through February 2026.
RICHARDSON, TX / ACCESSWIRE / September 23, 2024 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded contracts from two domestic customers in support of ongoing armored vehicle production. The total value is $2.1 million with expected deliveries over the next 18 months.
Find out why Zacks has given Optex Systems an "Outperform" rating, being the first on Wall Street to initiate coverage on the stock. Explore how the company's expanding order backlog, cutting-edge innovations, and strong financial gains drive its growth in the defense sector.
Optex Systems (OPXS) posted strong June-quarter results, with EPS rising significantly year over year, revenues growing by 26%, and gross margin expanding to 31.8%, driven by increased military demand and improved operational efficiencies.
RICHARDSON, TX / ACCESSWIRE / August 13, 2024 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced financial results for the three and nine months ended June 30, 2024. Danny Schoening, CEO of Optex Systems Holdings, Inc., commented, "It was an excellent quarter across the board.
RICHARDSON, TX / ACCESSWIRE / July 8, 2024 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a new contract for Laser Filter Units supporting the XM-157 NGWS Scope. The order value is $2.5 million with deliveries covering August 2024 through July 2025.