Optex Systems Announces a $4.2 Million Award for Laser Protected Periscopes and Optical Sighting Systems
Optex Systems Holdings (Nasdaq:OPXS) has secured a $4.2 million firm fixed price purchase order from BAE Systems for laser protected periscopes and optical sighting systems. The order supports the Bradley A4 Follow-On Production award and will be delivered over the next 28 months.
The systems are designed specifically for the Bradley Fighting Vehicle used by the U.S. Military, featuring enhanced durability, superior optical clarity, and exceptional reliability in combat environments. The company's current backlog exceeds $42.5 million.
Optex Systems Holdings (Nasdaq:OPXS) ha ottenuto un ordine di acquisto fisso del valore di 4,2 milioni di dollari da BAE Systems per periscopi protetti da laser e sistemi di puntamento ottico. L'ordine supporta l'assegnazione della produzione successiva del Bradley A4 e sarà consegnato nei prossimi 28 mesi.
I sistemi sono progettati specificamente per il Veicolo da Combattimento Bradley utilizzato dall'Esercito degli Stati Uniti, presentando una maggiore durabilità, una chiarezza ottica superiore e un'affidabilità eccezionale in ambienti di combattimento. L'attuale arretrato dell'azienda supera i 42,5 milioni di dollari.
Optex Systems Holdings (Nasdaq:OPXS) ha asegurado una orden de compra a precio fijo de 4,2 millones de dólares de BAE Systems para periscopios protegidos por láser y sistemas de puntería óptica. La orden apoya la adjudicación de producción del Bradley A4 y se entregará en los próximos 28 meses.
Los sistemas están diseñados específicamente para el Vehículo de Combate Bradley utilizado por el Ejército de EE. UU., con una durabilidad mejorada, una claridad óptica superior y una excepcional fiabilidad en entornos de combate. El backlog actual de la empresa supera los 42,5 millones de dólares.
Optex Systems Holdings (Nasdaq:OPXS)는 BAE Systems로부터 레이저 보호 잠망경 및 광학 조준 시스템에 대해 420만 달러의 고정 가격 구매 주문을 확보했습니다. 이 주문은 브래들리 A4 후속 생산 수주를 지원하며, 향후 28개월 동안 배송될 예정입니다.
이 시스템은 미국 군대에서 사용하는 브래들리 전투 차량을 위해 특별히 설계되었으며, 향상된 내구성, 우수한 광학 선명도 및 전투 환경에서의 뛰어난 신뢰성을 자랑합니다. 회사의 현재 백로그는 4,250만 달러를 초과합니다.
Optex Systems Holdings (Nasdaq:OPXS) a obtenu un bon de commande ferme de 4,2 millions de dollars de BAE Systems pour des périscopes protégés par laser et des systèmes de visée optique. La commande soutient l'attribution de production du Bradley A4 et sera livrée au cours des 28 prochains mois.
Les systèmes sont spécialement conçus pour le véhicule de combat Bradley utilisé par l'armée américaine, offrant une durabilité accrue, une clarté optique supérieure et une fiabilité exceptionnelle dans les environnements de combat. Le carnet de commandes actuel de l'entreprise dépasse 42,5 millions de dollars.
Optex Systems Holdings (Nasdaq:OPXS) hat einen festen Kaufauftrag über 4,2 Millionen Dollar von BAE Systems für lasergeschützte Periskope und optische Zielsysteme erhalten. Der Auftrag unterstützt die Nachproduktionsvergabe für den Bradley A4 und wird in den nächsten 28 Monaten geliefert.
Die Systeme sind speziell für das von der US-Armee genutzte Bradley-Kampffahrzeug konzipiert und bieten verbesserte Haltbarkeit, überlegene optische Klarheit und außergewöhnliche Zuverlässigkeit in Gefechtsumgebungen. Der aktuelle Auftragsbestand des Unternehmens übersteigt 42,5 Millionen Dollar.
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RICHARDSON, TX / ACCESS Newswire / March 19, 2025 / 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 firm fixed price purchase order from BAE Systems in support of the Bradley A4 Follow-On Production award. This
Danny Schoening, CEO, stated "Ensuring the safety and operational effectiveness of our armed forces is our top priority. We are honored to support the Bradley Fighting Vehicle program by providing advanced optical systems that meet the highest standards of quality and performance."
The periscopes and optical sighting systems supplied by Optex Systems are designed to offer enhanced durability, superior optical clarity, and exceptional reliability in harsh combat environments. By combining innovation with rigorous quality control measures, the company ensures that every system delivers the best overall value to the U.S. Army.
As a trusted partner of the defense industry, Optex Systems remains dedicated to advancing military optical technologies that enhance situational awareness and protection on the battlefield. This contract award reaffirms the company's leadership in the field of laser-protected vision systems and its ongoing commitment to supporting the mission readiness of U.S. forces and those of our allies.
With this 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 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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FAQ
What is the value and duration of OPXS's new contract with BAE Systems?
What products will OPXS supply for the Bradley Fighting Vehicle program?
What is the current backlog value for OPXS as of March 2025?
How will this contract impact OPXS's military market presence?
