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Optex Systems Holdings Inc. (OPXS)

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Last Post: 11/15/2017 3:32:08 PM - Followers: 134 - Board type: Free - Posts Today: 0


                             Optex Systems Holdings Inc.

 Optex Systems Holdings Inc. Headquarters

Company website:

Optex Systems Holdings, Inc., (OTCQB:OPXS) through its wholly-owned subsidiary, Optex Systems, Inc is a well positioned defense company with an established history in the industry, a strong customer base and a backlog of contracts moving forward.

Optex Systems, Inc. was founded in 1987 as an ISO 9001:2000.  In February 2009, the Optex ISO status changed to 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications.


  • December 16, 2013, Optex issued the first Patent covering its Digital Day and Night Elbow Technology - See DDAN Datasheet


Market Opportunity - U.S. Military

Optex products are currently marketed in the military and related government markets. Since 1998, American military spending has increased over 225% on an annual basis to over $600 billion per year. As the American presence overseas continues, this level of spending should continue to exist. Also, the market for replacement parts for existing military equipment is significant.

Optex meets the U.S. military requirements with its product line:

  • Reliabilty - failure can cost lives
    Cost effectiveness
    Ability to deliver on schedule
    Armed forces need to see to perform
    Mission critical products

 Market Opportunity - Commercial/Retail

Optex products are currently sold exclusively to military and related government markets. We believe we have significant potential retail opportunities to commercialize various products we presently manufacture. Our initial focus will be directed in three product areas.

Big Eye Binoculars - While the military application we produce is based on mature military designs, Optex owns all castings, tooling and glass technology. These large fixed mount binoculars could be sold to Cruise Ships, Personal Yachts and Cities/Municipalities.

Night Vision Goggles - Optex presently manufactures the Optical System for the NL-61 Night Vision Goggles for the Ministry of Defense of Israel. This technology is based on the IR Squared design and could be implemented for retail commercial applications.

Infrared Imaging Equipment - Optex manufactures and assembles Infrared Imaging Equipment for Textron and components for Raytheon's Thermal Imaging M36 Mount product. This equipment and technology has potential to be assembled for border patrol, police and security agencies.


Optex products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of 10 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.

Specific product line includes:

  • Electronic sighting systems
    Mechanical sighting systems
    Laser protected glass periscopes
    Laser protected plastic periscopes
    Non-laser protected plastic periscopes
    Howitzer sighting systems
    Ship binoculars
    Replacement optics (e.g. filters, mirrors)

Customer Base

Optex serves customers in three primary categories:

1.  Prime contractor for TACOM, U.S. Army, Navy and the Marine Corps.
2.  Subcontractor for BAE (LSE: BA.L), General Dynamics (NYSE: GD), Northrop Grumman Corporation (NYSE:NOC) and Raytheon Company (NYSE: RTN).
3.  Supplier to foreign governments that include Israel, Australia, NAMSA and South America.

As of September 2013, we derived approximately 89% of our gross business revenue from three customers: 47% from General Dynamics Land Systems Divisions, 30% from The U.S. Government (primarily DLA), and 12% from BAE Systems (with which we have approximately 75 discrete contracts for items that are utilized in vehicles, product lines and spare parts.)


December 9, 2013 - Optex Systems, Inc. Wins $1.0 Million Award Under General Dynamics Contract
• April 8, 2014 - Optex Systems Holdings, Inc. Announces First Shipment to South America

August 21, 2014 - Optex Systems Wins $3,276,112.50 Federal Contract

• November 4, 2014 - Optex Systems Announces Acquisition of Applied Optics Center, Division of L-3 Communications Warrior Systems Sector


As of August 8, 2014

 Outstanding Shares = 170,913,943 --- Float = 56.23M

(Authorized Shares = 2B)

$10.3M (Assets) - $3.0M (Liabilities) =  $7.3M (Net Assets)

Market Cap = $2.87M

Price/Book Value = .33 --- Book Value Per Share = .04


See long term (2010-2014) OPXS chart analogy from SPM55  -

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OPXS News: Statement of Ownership (sc 13g) 11/13/2017 01:32:51 PM
OPXS News: Current Report Filing (8-k) 09/29/2017 08:32:41 AM
OPXS News: Current Report Filing (8-k) 09/28/2017 09:02:34 AM
OPXS News: Statement of Changes in Beneficial Ownership (4) 08/17/2017 01:03:14 PM
OPXS News: Statement of Beneficial Ownership (sc 13d) 08/17/2017 01:01:54 PM
#21131   Nope - didn't post anything about other play fireopal 11/15/17 03:32:08 PM
#21130   I own warrants, so not nearly as much tsoprano-1 11/15/17 03:22:36 PM
#21129   Alpha is not new owner/player here - has fireopal 11/15/17 03:19:32 PM
#21128   It is my understanding that they have to tsoprano-1 11/15/17 03:10:41 PM
#21127   Even if possible for 13g insider to buy fireopal 11/15/17 02:45:02 PM
#21126   I guess I am not catching on to tsoprano-1 11/15/17 12:31:24 PM
#21125   lol OPXS has not had 818,190 vol fireopal 11/15/17 10:59:17 AM
#21124   They bought in open market, I would think. tsoprano-1 11/15/17 09:23:01 AM
#21123   LOL not a personal attack at all - fireopal 11/14/17 10:54:57 PM
#21122   Personal attacks are not my bag, just answer Ecomike 11/14/17 02:14:56 PM
#21121   lol kinda funny seeing you play dumb especially fireopal 11/13/17 10:18:20 PM
#21120   Please shpel it out, LOL Ecomike 11/13/17 08:26:36 PM
#21119   I take it as good news. Statement of tsoprano-1 11/13/17 08:06:49 PM
#21118   lol c'mon Ecomike - 13G filing for ah fireopal 11/13/17 07:26:50 PM
#21117   the fund could be a seller but of snakess 11/13/17 07:02:06 PM
#21116   Is this real good or real bad news? Ecomike 11/13/17 04:15:31 PM
#21115   lol sorry but was showing that GD may fireopal 11/08/17 09:07:49 AM
#21114   fire starter- excellent article that has been and snakess 11/07/17 09:16:11 PM
#21113   Great DD! General dynamics is a customer kai-zen 11/07/17 04:21:57 PM
#21112   2016 >> General Dynamics Scores Its Biggest Tank fireopal 11/07/17 01:45:55 PM
#21111   they buy tanks from the US- Abram tanks- snakess 11/06/17 09:44:16 PM
#21110   Read that same article. Didn't know if it tsoprano-1 11/06/17 06:43:55 PM
#21109   interesting article read today about abrams tanks snakess 11/06/17 04:02:00 PM
#21107   Hello Lasserplus!! Have not seen you around for fireopal 10/30/17 10:46:01 PM
#21106   I ignore fake news distractions. Here is real Ecomike 10/30/17 09:12:40 PM
#21105   The last President de-balled the military and all fireopal 10/30/17 02:39:04 PM
#21104   LOL >> Nice try BUT first investor rip-off fireopal 10/29/17 06:54:46 PM
#21103   fire one thing you forget. most likely u snakess 10/29/17 01:00:35 PM
#21102   ROTFL >> you forgot to include the best fireopal 10/26/17 01:02:47 PM
#21101   firepal i think that you have a major snakess 10/26/17 01:17:25 AM
#21100   PS - finding SA Advisory picks is fireopal 10/26/17 12:03:02 AM
#21099   Very true - charts do not lie & fireopal 10/25/17 11:26:57 PM
#21098   Not faulting them for anything b/c get what fireopal 10/25/17 11:23:12 PM
#21097   Charts do not lie!!! Ecomike 10/25/17 09:23:48 PM
#21096   They are not getting paid to promote. Just tsoprano-1 10/25/17 08:18:11 PM
#21095   Once again OPXS "rally/uptrend" is due to yet fireopal 10/24/17 10:26:53 PM
#21094   stock looking better and surely in a uptrend. snakess 10/24/17 08:52:28 PM
#21093   I'm lovin this rally here, I called a Ecomike 10/21/17 07:42:23 PM
#21091   ?? >> "we get a move in the fireopal 10/11/17 11:09:09 PM
#21090   Agreed. T tsoprano-1 10/11/17 08:29:00 PM
#21089   Interesting move for opxs today. If you wanted snakess 10/11/17 11:28:41 AM
#21087   Hmm - assuming that someone actually was willing fireopal 09/28/17 06:51:50 PM
#21086   News released today. From current report filing: On September tsoprano-1 09/28/17 01:57:27 PM
#21085   dont see any notice of div. What date redburns 09/28/17 01:45:48 PM
#21084   Another dividend, already? Has it been 3 months tsoprano-1 09/28/17 12:55:45 PM
#21083   another presser from OPXS drives the stock above snakess 09/18/17 03:32:43 PM
#21082   Not the first time US sends military equipment fireopal 08/22/17 10:41:13 AM
#21081   Well after Trump's speech concerning Afghanistan it is snakess 08/21/17 11:33:27 PM
#21080   Tight spread too....Are there any call options on fireopal 08/18/17 03:57:47 PM
#21079   Looks like we were right, market sobered up Ecomike 08/18/17 02:21:45 PM