on Optex Systems Holdings, Inc. (NASDAQ:OPXS)
Optex Systems Secures $4.2 Million Contract for Military Optical Systems
Optex Systems Holdings, Inc., based in Richardson, Texas, has announced a major contract award to supply BAE Systems with laser-protected periscopes and optical sighting systems. This $4.2 million deal supports the Bradley A4 Follow-On Production initiative, essential for enhancing the mission capabilities of the U.S. Military's Bradley Fighting Vehicle. The delivery will span the next 28 months, underlining Optex’s commitment to military defense.
The CEO, Danny Schoening, emphasized the importance of safety and operational effectiveness for armed forces, highlighting Optex's role in delivering quality and reliable optical systems. These systems are engineered for advanced durability and optical clarity, crucial for combat scenarios. This contract bolsters Optex's position as a key defense partner, advancing technology that ensures battlefield awareness and protection.
With this order, the company's backlog surpasses $42.5 million, reinforcing its leadership in laser-protected vision systems.
R. E.
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