Optex Systems Secures $3.8 Million Order for Laser Protected Periscopes

Optex Systems Holdings, Inc. (NASDAQ:OPXS), a major producer of precision optical sighting systems, has acquired a $3.8 million contract from a U.S. Government Prime Contractor to support the Armored Multi-Purpose Vehicle (AMPV) program. The company will complete deliveries over a 14-month schedule.

Danny Schoening, CEO of Optex Systems, shared that the company is the exclusive supplier of laser protected periscopes for various armored vehicles, including those for the U.S. Government’s AMPV program. The AMPV is noted as vital for the U.S. Army, particularly in enhancing troop transportation alongside the M1 Abrams tank and the M2 Bradley.

Following this new contract, Optex Systems announced that its order backlog has risen to over $47 million. Additionally, the contract cements Optex's role as an essential contributor to national defense projects, given their specialized manufacturing capabilities in periscopes critical for armored vehicle operations.