Optex Systems Announces Chad George as New President
Optex Systems (Nasdaq:OPXS), a manufacturer of precision optical sighting systems, has appointed Chad George as its new President, effective immediately. George, who will report to CEO Danny Schoening, joins from Leonardo DRS where he served as Vice President of Operations and Supply Chain.
George brings significant defense sector experience, having worked at Raytheon and Leonardo DRS. He holds a Bachelor's Degree in Industrial Engineering from Oklahoma State University and an MBA from the University of Texas at Dallas. In his new role, George will lead strategic initiatives and explore adjacent markets to drive growth for Optex Systems.
Optex Systems (Nasdaq:OPXS), produttore di sistemi di puntamento ottico di precisione, ha nominato Chad George nuovo Presidente, con effetto immediato. George, che riferirà al CEO Danny Schoening, arriva da Leonardo DRS dove ricopriva il ruolo di Vice President of Operations and Supply Chain.
George porta con sé una solida esperienza nel settore della difesa, avendo lavorato in Raytheon e Leonardo DRS. Ha una laurea in Ingegneria Industriale conseguita presso l'Oklahoma State University e un MBA presso la University of Texas at Dallas. Nel suo nuovo incarico guiderà iniziative strategiche ed esplorerà mercati contigui per stimolare la crescita di Optex Systems.
Optex Systems (Nasdaq:OPXS), fabricante de sistemas de puntería óptica de precisión, ha nombrado a Chad George como su nuevo presidente, con efecto inmediato. George, que dependerá del CEO Danny Schoening, se incorpora desde Leonardo DRS donde fue Vice President of Operations and Supply Chain.
George aporta amplia experiencia en el sector de defensa, con etapas en Raytheon y Leonardo DRS. Posee una licenciatura en Ingeniería Industrial por Oklahoma State University y un MBA por la University of Texas at Dallas. En su nuevo puesto liderará iniciativas estratégicas y explorará mercados adyacentes para impulsar el crecimiento de Optex Systems.
Optex Systems (Nasdaq:OPXS), 정밀 광학 조준 시스템 제조업체,는 Chad George를 신임 사장으로 즉시 임명했다고 발표했습니다. George는 CEO Danny Schoening에게 보고하며, 이전에는 Leonardo DRS에서 운영 및 공급망 부문 부사장(Vice President of Operations and Supply Chain)을 역임했습니다.
George는 Raytheon과 Leonardo DRS에서 근무한 방위 산업 분야의 풍부한 경력을 보유하고 있습니다. 그는 오클라호마 주립대학교(Oklahoma State University)에서 산업공학 학사 학위를, 텍사스 대학교 댈러스(University of Texas at Dallas)에서 MBA를 취득했습니다. 새로운 직무에서 그는 전략적 과제를 주도하고 인접 시장을 개척해 Optex Systems의 성장을 촉진할 예정입니다.
Optex Systems (Nasdaq:OPXS), fabricant de systèmes de visée optique de précision, a nommé Chad George nouveau président, avec effet immédiat. George, qui relève du PDG Danny Schoening, rejoint l'entreprise en provenance de Leonardo DRS, où il était Vice President of Operations and Supply Chain.
George apporte une solide expérience dans le secteur de la défense, ayant travaillé chez Raytheon et Leonardo DRS. Il est titulaire d'un bachelor en génie industriel de l'Oklahoma State University et d'un MBA de la University of Texas at Dallas. Dans ses nouvelles fonctions, il pilotera des initiatives stratégiques et explorera des marchés adjacents pour stimuler la croissance d'Optex Systems.
Optex Systems (Nasdaq:OPXS), ein Hersteller präziser optischer Zielsysteme, hat Chad George mit sofortiger Wirkung zum neuen Präsidenten ernannt. George, der an CEO Danny Schoening berichtet, kommt von Leonardo DRS, wo er als Vice President of Operations and Supply Chain tätig war.
George bringt umfassende Erfahrung im Verteidigungsbereich mit, unter anderem bei Raytheon und Leonardo DRS. Er hat einen Bachelorabschluss in Industrial Engineering von der Oklahoma State University und einen MBA der University of Texas at Dallas. In seiner neuen Funktion wird er strategische Initiativen leiten und angrenzende Märkte erschließen, um das Wachstum von Optex Systems voranzutreiben.
- Appointment of experienced defense industry executive with strong operational background
- New leadership brings expertise in streamlining production and enhancing supply chain capabilities
- Strategic focus on expanding product portfolio and exploring adjacent markets
- None.
RICHARDSON, TX / ACCESS Newswire / August 11, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, is pleased to announce the appointment of Chad George as the company's new President, effective immediately. Mr. George will report directly to the company's Chief Executive Officer, Danny Schoening.
Mr. George brings a wealth of leadership and industry experience to Optex Systems, having spent the past several years in senior operations and supply chain roles within the defense sector. He most recently served as Vice President of Operations and Supply Chain at Leonardo DRS, where he played a key role in streamlining production processes and enhancing strategic sourcing capabilities.
Chad began his professional journey with Dr. Pepper before transitioning to the defense industry. His career has included impactful positions at Raytheon, where he built a strong foundation in operational excellence and defense manufacturing.
He holds a Bachelor's Degree in Industrial Engineering from Oklahoma State University and an MBA from the University of Texas at Dallas, giving him both the technical insight and strategic acumen to guide Optex through its next phase of growth.
"With the continued expansion of our business and product lines, this is a pivotal time for Optex Systems," said Danny Schoening, CEO of Optex Systems. "Chad's leadership experience and deep understanding of defense manufacturing and supply chain operations make him the ideal person to help lead our organization into the future. We are excited to welcome him aboard."
"I'm excited to join the Optex Team at this critical time and I look forward to expanding the Optex product portfolio" said Chad George, President of Optex Systems, "as well as working to explore adjacent markets to drive growth and expansion for Optex Systems".
As President, Mr. George will lead strategic initiatives, expand Optex into new market verticals, and collaborate closely with the executive team to further solidify Optex's leadership in the defense optics industry.
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 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.
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