STOCK TITAN

Optex Systems Announces an up to $10.2 Million Award for Optical Sighting System

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Optex Systems (Nasdaq:OPXS) has secured an up to $10.2 million five-year contract from the Army Contracting Command - Detroit Arsenal for Abrams-based optical sighting systems. The first-year order is expected to exceed $4.3 million, with deliveries starting in fiscal year 2026.

The company's optical sighting systems are specifically engineered for maximum durability and reliability under extreme combat conditions. The contract highlights Optex's expertise in delivering sophisticated optical solutions for military applications. Currently, Optex Systems maintains a strong backlog exceeding $39.2 million.

Optex Systems (Nasdaq:OPXS) ha ottenuto un contratto quinquennale fino a 10,2 milioni di dollari dall'Army Contracting Command - Detroit Arsenal per sistemi ottici di puntamento basati su Abrams. L'ordine del primo anno dovrebbe superare i 4,3 milioni di dollari, con le consegne che inizieranno nell'anno fiscale 2026.

I sistemi ottici di puntamento dell'azienda sono progettati specificamente per garantire massima durata e affidabilità in condizioni di combattimento estreme. Il contratto sottolinea l'expertise di Optex nella fornitura di soluzioni ottiche sofisticate per applicazioni militari. Attualmente, Optex Systems vanta un solido portafoglio ordini che supera i 39,2 milioni di dollari.

Optex Systems (Nasdaq:OPXS) ha asegurado un contrato de hasta 10,2 millones de dólares a cinco años por parte del Army Contracting Command - Detroit Arsenal para sistemas ópticos de puntería basados en Abrams. Se espera que el pedido del primer año supere los 4,3 millones de dólares, con entregas que comenzarán en el año fiscal 2026.

Los sistemas ópticos de puntería de la compañía están diseñados específicamente para ofrecer máxima durabilidad y fiabilidad bajo condiciones extremas de combate. El contrato destaca la experiencia de Optex en la entrega de soluciones ópticas sofisticadas para aplicaciones militares. Actualmente, Optex Systems mantiene una sólida cartera de pedidos que supera los 39,2 millones de dólares.

Optex Systems (나스닥: OPXS)가 Abrams 기반 광학 조준 시스템을 위해 Army Contracting Command - Detroit Arsenal로부터 최대 1,020만 달러 규모의 5년 계약을 체결했습니다. 첫 해 주문은 430만 달러를 초과할 것으로 예상되며, 납품은 2026 회계연도에 시작됩니다.

회사의 광학 조준 시스템은 극한 전투 조건에서도 최대 내구성과 신뢰성을 보장하도록 특별히 설계되었습니다. 이번 계약은 군사용 고급 광학 솔루션 제공에 대한 Optex의 전문성을 강조합니다. 현재 Optex Systems는 3,920만 달러가 넘는 강력한 수주 잔고를 유지하고 있습니다.

Optex Systems (Nasdaq:OPXS) a obtenu un contrat de cinq ans pouvant atteindre 10,2 millions de dollars auprès de l'Army Contracting Command - Detroit Arsenal pour des systèmes de visée optique basés sur Abrams. La commande de la première année devrait dépasser 4,3 millions de dollars, avec des livraisons débutant lors de l'exercice fiscal 2026.

Les systèmes de visée optique de l'entreprise sont spécialement conçus pour offrir une durabilité et une fiabilité maximales dans des conditions de combat extrêmes. Ce contrat met en avant l'expertise d'Optex dans la fourniture de solutions optiques sophistiquées pour des applications militaires. Actuellement, Optex Systems dispose d'un carnet de commandes solide dépassant 39,2 millions de dollars.

Optex Systems (Nasdaq:OPXS) hat einen bis zu 10,2 Millionen US-Dollar umfassenden Fünfjahresvertrag vom Army Contracting Command - Detroit Arsenal für Abrams-basierte optische Zielsysteme erhalten. Die Bestellung im ersten Jahr wird voraussichtlich 4,3 Millionen US-Dollar übersteigen, wobei die Lieferungen im Geschäftsjahr 2026 beginnen sollen.

Die optischen Zielsysteme des Unternehmens sind speziell auf maximale Haltbarkeit und Zuverlässigkeit unter extremen Kampfbedingungen ausgelegt. Der Vertrag unterstreicht Optex' Expertise bei der Bereitstellung anspruchsvoller optischer Lösungen für militärische Anwendungen. Derzeit verfügt Optex Systems über einen starken Auftragsbestand von über 39,2 Millionen US-Dollar.

Positive
  • New contract worth up to $10.2 million over five years
  • First-year order expected to exceed $4.3 million
  • Strong backlog of over $39.2 million
  • Contract enables economies of scale benefits
Negative
  • None.

RICHARDSON, TX / ACCESS Newswire / July 22, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and international military and commercial applications, announced today that it has been awarded an up to $10.2 million, five-year requirement-type contract by the Army Contracting Command - Detroit Arsenal for Abrams-based optical sighting systems.

Danny Schoening, CEO, stated, "Optex Systems is honored to be selected for this vital optical sighting system, which highlights many of the company's core competencies. The demanding specifications provided by the customer necessitated a sophisticated and tightly integrated optical solution that only Optex Systems could deliver. The contract estimates the first-year order amount to exceed $4.3 million, enabling economies of scale, with deliveries scheduled to begin in fiscal year 2026."

Optex Systems' periscopes and optical sighting systems are engineered for maximum durability, clarity, and reliability under the most extreme combat conditions. Through a combination of forward-thinking design and stringent quality assurance protocols, each product is built to deliver optimal value to the U.S. Army.

As a long-standing and trusted partner in the defense sector, Optex Systems remains committed to advancing optical technologies that enhance battlefield awareness and survivability. This new contract underscores the company's leadership in optical sighting systems and its unwavering dedication to supporting the operational readiness of U.S. and allied forces.

Optex Systems' current backlog exceeds $39.2 million.

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, including statements on contract value and delivery schedule, 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

What is the value of Optex Systems (OPXS) new Army contract?

Optex Systems secured an up to $10.2 million five-year requirement-type contract from the Army Contracting Command - Detroit Arsenal for Abrams-based optical sighting systems.

When will Optex Systems (OPXS) begin deliveries for the new Army contract?

Deliveries for the optical sighting systems are scheduled to begin in fiscal year 2026.

What is Optex Systems (OPXS) current backlog as of July 2025?

Optex Systems' current backlog exceeds $39.2 million.

How much is the first-year order value for OPXS's new Army contract?

The first-year order amount is expected to exceed $4.3 million.

What type of optical systems will Optex Systems (OPXS) provide to the Army?

Optex Systems will provide Abrams-based optical sighting systems engineered for maximum durability, clarity, and reliability under extreme combat conditions.
Optex Systems

NASDAQ:OPXS

OPXS Rankings

OPXS Latest News

OPXS Latest SEC Filings

OPXS Stock Data

81.64M
5.36M
25.3%
34.5%
0.05%
Aerospace & Defense
Optical Instruments & Lenses
Link
United States
RICHARDSON