Optex Systems Announces $1.22 Million Order for Laser Filter Units
A new $1.22 million laser filter contract lifts Optex Systems’ reported order backlog to more than $28.3 million.
Rhea-AI Summary
Optex Systems (OPXS) received a new contract worth $1.22 million for Laser Filter Units used with various night vision goggle systems, with deliveries scheduled from January 2027 through December 2027.
The order will be fulfilled by the Applied Optics Center division. With this award, Optex reports a total order backlog in excess of $28.3 million, supporting future production of optical sighting and laser protection components for U.S. military applications.
Positive
- New $1.22 million order for Laser Filter Units tied to night vision goggles
- Deliveries locked in for 2027, providing forward revenue visibility
- Order backlog exceeds $28.3 million after this contract award
Negative
- None.
Key Figures
- Order value
- $1.22 million
- New Laser Filter Units contract
- Delivery period
- January 2027 through December 2027
- Contract fulfillment schedule
- Current backlog
- In excess of $28.3 million
- Backlog following the new order
Historical Context
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Optex announced a $2.79 million laser-filter contract for XM157 fire-control scopes.
-
Optex received a government order supporting night-vision goggle laser-protection programs.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
iso 9001:2015 technical
thin-film coatings technical
infrared optical components technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
RICHARDSON, TX / ACCESS Newswire / September 18, 2026 / 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 associated with various night vision goggle systems. The order value is
The Applied Optics Center, a Division of Optex Systems, Inc., is the leading provider of laser protection optics and optical devices that protect both the soldiers' eyes as well as their state-of-the-art visual augmentation devices. Bill Bates, GM of Applied Optics Center stated, "AOC continues to be in the lead role as a supplier of laser protection optics and optical assemblies to the U.S. military. All AOC employees take great pride in the quality and performance of our optics used for protecting our war fighters. We continue to add capabilities and equipment which will expand our portfolio of thin-film coatings and assemblies. New engineering expertise and equipment has recently been added as we return to the world of infrared optical components. These additions will further cement our role in the world of optics related to the U.S. military."
With this new order, the current Optex backlog is in excess of
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.
Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," and similar expressions.
These forward-looking statements represent our expectations, beliefs, intentions or strategies concerning future events, including, but not limited to, any statements regarding growth strategy; product and development programs; financial performance and financial condition (including revenue, net income, profit margins and working capital); orders and backlog; the estimated value of IDIQ contracts; expected timing of contract deliveries to customers and corresponding revenue recognition; increases in the cost of materials and labor; costs remaining to fulfill contracts; contract loss reserves; labor shortages; follow-on orders; supply chain challenges; the continuation of historical trends; the sufficiency of our cash balances for future liquidity and capital resource needs; the expected impact of changes in accounting policies on our results of operations, financial condition or cash flows; anticipated problems and our plans for future operations; and the economy in general or the future of the defense industry.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs and military spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government's interpretation of federal procurement rules and regulations, changes in spending due to policy changes in any new federal presidential administration, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control.
You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.
Contact:
IR@optexsys.com
(972) 764-5718
SOURCE: Optex Systems Holdings, Inc.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Optex deliver the Laser Filter Units under the new contract?
Deliveries under the new Laser Filter Units contract are scheduled from January 2027 through December 2027.
Which Optex division will supply the Laser Filter Units?
The Applied Optics Center, a division of Optex Systems, will supply the Laser Filter Units as part of its role providing laser protection optics and assemblies to the U.S. military.
What does Optex Systems primarily manufacture and for whom?
Optex manufactures optical sighting systems and assemblies, including periscopes, rifle and surveillance sights, and night vision optical assemblies, primarily for Department of Defense applications, delivering both directly to military services and to prime contractors.