Optex Systems Announces $2.79 Million Order for Laser Filter Units
Rhea-AI Summary
Optex Systems (Nasdaq: OPXS) announced a new contract valued at $2.79 million to supply Laser Filter Units for the XM157 Next Generation Fire Control Scope, with deliveries scheduled from January 2027 through October 2027. According to Optex Systems, this order increases its current backlog to over $26.5 million, to be fulfilled by its Applied Optics Center division, a provider of laser protection optics for U.S. military applications.
Positive
- New $2.79 million contract for Laser Filter Units tied to XM157 scope
- Backlog now exceeds $26.5 million after the new order
- Deliveries scheduled January–October 2027, supporting future revenue visibility
Negative
- None.
News Market Reaction – OPXS
In the Aug 27 session, OPXS declined 0.10%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 05 | Earnings call scheduling | Neutral | +7.7% | Announced third-quarter fiscal 2026 reporting date and investor call details |
| Jul 17 | Contract award | Positive | -2.3% | Received General Dynamics Land Systems Canada order supporting armored vehicle systems |
| Jun 09 | Contract award | Positive | +5.9% | Received government order supporting laser protection filters for night vision programs |
| May 11 | Q2 earnings report | Positive | +12.8% | Reported fiscal second-quarter results with improved margins and full-year guidance |
| May 01 | Leadership appointment | Positive | +2.6% | Appointed Lionel Liebman to lead optical engineering and technology development |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive news produced positive 24-hour reactions in three of five recent events, while the July order and earnings-call scheduling event diverged.
Key Terms
laser protection optics technical
iso 9001:2015 technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
RICHARDSON, TX / ACCESS Newswire / August 27, 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 the XM157 Next Generation Fire Control Scope. 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, "We are very proud of our contribution to the XM157 program and will ensure that our products continue to meet all performance specifications and continuously strive to improve our product yields, which ultimately lowers the cost to our customers and end-users in 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