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Optex Systems - OPXS STOCK NEWS

Welcome to our dedicated page for Optex Systems news (Ticker: OPXS), a resource for investors and traders seeking the latest updates and insights on Optex Systems stock.

Overview of Optex Systems

Optex Systems Holdings Inc. is a renowned manufacturer specializing in precision optical sighting systems and assemblies designed primarily for the Department of Defense and other military applications. Founded in 1987 and based in Richardson, Texas, the company leverages advanced optical engineering to produce cutting-edge periscopes, rifle and surveillance sights, night vision optical assemblies, and various laser-protected devices, all tailored to meet the stringent operational requirements of modern armed forces. Keywords such as 'precision optics', 'defense systems', and 'military optical assemblies' underline its strong foothold in the defense technology sector.

Business Model and Market Position

Optex Systems delivers its products through direct sales to military services as well as through partnerships with prime contractors. The company’s revenue model is primarily driven by long-term, government-sponsored contracts that focus on enhancing the situational awareness and protection of military vehicles. By integrating advanced optical technologies in vehicles such as the Abrams, Bradley, and Stryker, Optex Systems plays an essential role in national defense and security. The company’s manufacturing segments in Richardson and its Applied Optics Center in Dallas contribute significantly to its robust operational performance.

Product Portfolio and Technological Expertise

The company’s expansive product portfolio includes an array of optical sighting systems such as periscopes designed for armored vehicles, precision rifle and surveillance sights, and night vision optical assemblies. Optex Systems is continuously innovating in its field by developing products like laser interference filters and laser-protected periscopes that enhance the safety and operational efficiency of military personnel. Each product is designed with a focus on optical clarity, durability, and resistance to environmental challenges, ensuring that they meet high-performance standards demanded by modern warfare and security applications.

Manufacturing, Quality, and Certification

Optex Systems operates under strict quality control systems and holds an ISO 9001:2015 certification, attesting to its commitment to world-class manufacturing processes. The company’s facilities, particularly the Richardson segment and the Applied Optics Center, incorporate automated production lines and advanced quality assurance protocols that ensure each product meets rigorous defense specifications. This manufacturing excellence not only reinforces the company’s reputation for reliability but also sustains its competitive edge in a sector where precision and durability are paramount.

Competitive Landscape and Industry Dynamics

In the competitive arena of defense technology and optical systems, Optex Systems distinguishes itself through its technical expertise and consistent delivery of technologically advanced solutions. The company’s focus on high-quality optical assemblies, combined with its strategic relationships with military services and prime contractors, positions it uniquely within the defense supply chain. While facing the challenges typical of the defense industry—such as rapid technological evolution and tightening safety standards—Optex Systems has maintained a steady market presence by continually adapting its product offerings and manufacturing processes to meet evolving military needs.

Operational Strategy and Value Proposition

At its core, the value proposition of Optex Systems lies in its ability to merge advanced optical engineering with robust, reliable manufacturing. By consistently delivering products that offer enhanced performance in terms of situational awareness and laser protection, the company supports critical defense operations and contributes to the safety of military personnel. Its ongoing contracts, awarded for projects ranging from laser filter assemblies for the IVAS program to laser protected periscopes for armored vehicle programs, highlight a deep-rooted trust in its quality, innovation, and responsiveness to defense requirements.

Commitment to Excellence and Industry Relevance

Optex Systems continues to invest in technological upgrades and maintain close collaborations with its customers, ensuring that its products remain at the forefront of defense technology. This commitment is evidenced by their ongoing work in developing products that support both conventional military systems and emerging, next-generation defense programs. By prioritizing customer satisfaction and operational excellence, Optex Systems sustains a legacy of innovation and reliability in a complex, high-stakes industry.

Conclusion

In summary, Optex Systems Holdings Inc. is a critical entity within the defense manufacturing ecosystem, distinguished by its precision optical products, advanced manufacturing capabilities, and significant contributions to national defense. Its comprehensive approach—covering product innovation, rigorous quality control, and strategic customer engagement—ensures that the company remains a trusted partner in the ever-evolving landscape of military technology.

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Optex Systems Holdings, Inc. Awarded $1.1M Contract from U.S. Government Prime Contractor
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Optex Systems Holdings, Inc. awarded $2.12M contract from U.S. Government for M22 Binoculars.
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Optex Systems awarded $1.25M delivery order for Laser Interference Filter and Sacrificial Window assemblies, increasing backlog to $43.7M.
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Optex Systems Holdings, Inc. (NASDAQ:OPXS) reported financial results for the three and nine months ended July 2, 2023. Total revenues increased by $1.0 million (16.2%) for the three months and $1.9 million (12.4%) for the nine months compared to the prior year period. Consolidated gross profit increased by $0.4 million (35.0%) for the three months and $1.2 million (41.9%) for the nine months. Operating income increased by $0.2 million (47.5%) for the three months and $0.8 million (225.1%) for the nine months. The company had a working capital of $12.2 million as of July 2, 2023, and backlog increased by 38.7% to $41.6 million.
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Optex Systems Holdings, Inc. has been awarded a $3 million delivery order for Laser Interference Filter (LIF) assemblies. The order will contribute to the company's backlog, which is now over $40.5 million.
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Optex Systems Holdings announced the uplisting of its stock to the Nasdaq Capital Market, effective March 15, 2023. This approval allows the company's shares, ticker symbol OPXS, to move from OTCQB to Nasdaq without implementing a reverse split, a measure approved earlier by shareholders. CEO Danny Schoening expressed optimism about increased visibility and liquidity as a result of this change. Founded in 1987, Optex manufactures optical systems for the Department of Defense, serving U.S. military applications.

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Optex Systems Holdings, Inc. (OTCQB:OPXS) reported a revenue decline of 6.9% for the three months ended January 1, 2023, totaling $4.04 million compared to $4.34 million in the same period last year. The gross profit also decreased by 12.9%, attributed to material shortages and labor issues. Operating income fell to a loss of $282,000, down from a profit of $15,000 previously. However, the company recorded new orders of $11.2 million, up 220% year-over-year, leading to a backlog increase of 51.3% to $40.1 million. The CEO anticipates improved sales performance in Q2-Q4 2023 despite ongoing supply chain challenges.

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FAQ

What is the current stock price of Optex Systems (OPXS)?

The current stock price of Optex Systems (OPXS) is $5.62 as of April 4, 2025.

What is the market cap of Optex Systems (OPXS)?

The market cap of Optex Systems (OPXS) is approximately 39.8M.

What does Optex Systems manufacture?

Optex Systems manufactures precision optical sighting systems and assemblies, including periscopes, rifle and surveillance sights, and night vision optical assemblies primarily for defense applications.

Who are the primary customers of Optex Systems?

The company supplies its advanced optical products to the U.S. military services and prime contractors, serving a wide range of defense and security needs.

What industries does Optex Systems operate in?

Optex Systems operates within the defense technology and optical manufacturing industries, focusing on high-performance solutions for military and commercial applications.

How does Optex Systems maintain product quality?

The company adheres to strict manufacturing protocols and holds an ISO 9001:2015 certification, ensuring that its optical systems and assemblies meet rigorous quality and performance standards.

What are the key products offered by Optex Systems?

Key products include various configurations of optical sighting systems, periscopes, laser-protected assemblies, rifle and surveillance sights, and night vision optical assemblies.

How does Optex Systems differentiate itself from competitors?

Optex Systems differentiates itself through its advanced optical engineering, reliable manufacturing processes, and long-standing contractual relationships with the U.S. defense sector, ensuring products that meet high precision and durability standards.

What is the significance of the company’s manufacturing segments?

The distinct manufacturing segments in Richardson and at the Applied Optics Center in Dallas enable Optex Systems to specialize in advanced optical technologies tailored to rigorous defense specifications and customer requirements.

How do government contracts influence Optex Systems' operations?

Government contracts provide a stable revenue base and drive the continuous development of cutting-edge optical products, underlining the company's central role in supplying mission-critical systems for defense applications.
Optex Systems

Nasdaq:OPXS

OPXS Rankings

OPXS Stock Data

39.79M
5.15M
25.3%
34.5%
0.05%
Aerospace & Defense
Optical Instruments & Lenses
Link
United States
RICHARDSON