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Optex Systems Holdings Inc. (OPXS)

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Last Post: 9/24/2016 9:18:58 PM - Followers: 144 - 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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Current Price
Bid Ask Day's Range
OPXS News: Information Statement - All Other (definitive) (def 14c) 08/26/2016 04:34:19 PM
OPXS News: Sack Lunch Productions, Inc. (OTC Pink: SAKL) Q2 Revenue up 278% to $5.6M – Strong Growth, Plus Additional $2M Pre-Sales Bo... 08/24/2016 07:00:00 AM
OPXS News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 08/24/2016 06:03:40 AM
OPXS News: Registration of Additional Securities (up to 20%) (s-1mef) 08/23/2016 11:18:01 AM
OPXS News: Notice of Effectiveness (effect) 08/23/2016 06:02:59 AM
#20741  Sticky Note OPXS Last 12 Months Contract's $23,516,257.32 shell3 05/04/16 11:18:52 PM
#14976  Sticky Note Great OPXS news deserves a great OPXS chart, Ecomike 10/02/14 01:06:05 AM
#20865   Was curious about Hirschman because as i have fireopal 09/24/16 09:18:58 PM
#20864   Not so sure their goal is to take fireopal 09/24/16 08:03:33 PM
#20863   You story goes vs the moon is made redburns 09/24/16 04:32:00 PM
#20862   disagree redburns 09/24/16 04:30:04 PM
#20861   Agree! The insiders with the reverse stock lasserplus 09/23/16 04:57:33 PM
#20860   TRUE but the paper it's written on has fireopal 09/23/16 04:09:59 PM
#20859   This stock is such a loser! Management lasserplus 09/23/16 03:37:32 PM
#20858   lol P&D #7 listed over @ OTC Today fireopal 09/21/16 02:14:13 PM
#20857   1.01 HOD now .92 high vol.? swampboots 09/21/16 09:40:13 AM
#20856   See .96 bid? swampboots 09/21/16 09:16:11 AM
#20854   lol i don't short and if i did fireopal 09/20/16 02:45:11 PM
#20853   So short some big guy redburns 09/19/16 03:00:09 PM
#20852   lol nothing new - has always been cheap fireopal 09/19/16 02:44:37 PM
#20851   me thinks this is cheep redburns 09/14/16 03:59:05 PM
#20850   New order but no watchers: swampboots 09/08/16 11:21:33 AM
#20849   Wow it's still dropping, to .88 now. I Watkins 08/31/16 01:10:32 AM
#20848   lol seriously - might want to go fireopal 08/25/16 10:55:16 PM
#20847   fire i still donot understand why you snakess 08/25/16 09:21:10 PM
#20846   The volume could have been another convertible preferred Ecomike 08/25/16 07:25:59 PM
#20845   Yep. In the good old days they would Ecomike 08/25/16 07:18:47 PM
#20844   OPXS Paid P&D Promotions = $34K (in July) fireopal 08/25/16 04:50:42 PM
#20843   think you may need to answer this question fireopal 08/25/16 04:20:52 PM
#20842   fire why are you here? You do not snakess 08/25/16 03:47:53 PM
#20841   lol not keeping track of their contracts anymore fireopal 08/25/16 02:12:23 PM
#20840   Axion power, axpw was a Nasdaq stock IIRC Ecomike 08/25/16 12:24:05 PM
#20839   they just got a 6 million dollar contract snakess 08/25/16 11:19:47 AM
#20838   ...The backlog is huge and growing and fourth fireopal 08/24/16 10:56:45 PM
#20837   tradefan scottrade says 3 year i went to snakess 08/24/16 07:55:23 PM
#20836   think you may wanna pull up a chart fireopal 08/24/16 02:17:04 PM
#20835   sheesh posted way back about OPXS insiders (Hirshman) fireopal 08/24/16 02:00:48 PM
#20834   :( you really did lose out on this fireopal 08/24/16 01:54:44 PM
#20833   WOW - this is a switch and glad fireopal 08/24/16 01:52:36 PM
#20832   Who are you responding to? You realize there Traderfan 08/24/16 01:43:38 PM
#20831   i read the press that was released from snakess 08/24/16 12:36:06 PM
#20830   OPXXW - Warrants $0.25 shell3 08/24/16 12:07:24 PM
#20829   I can't really follow you here and what Traderfan 08/24/16 12:00:29 PM
#20828   Read the 10Q filed on Aug 8th for shell3 08/24/16 11:59:31 AM
#20827   don't think your information is correct snakess 08/24/16 11:28:59 AM
#20826   I would think so but these are the shell3 08/24/16 11:19:42 AM
#20825   as an insider doesnt he have to report redburns 08/24/16 11:09:19 AM
#20824   No he's already sold since June 26 - shell3 08/24/16 11:06:46 AM
#20823   For now I'm using kinda 6 million outstanding Traderfan 08/24/16 10:16:35 AM
#20822   here is how to play the stock because snakess 08/24/16 10:09:31 AM
#20821   Why would he knowingly lose 50+% of his redburns 08/24/16 10:06:28 AM
#20820   My guess is Sileas cashed-in $2.5M worth of shell3 08/24/16 09:51:01 AM
#20819   TF, thanks for that. But now, even assuming value1008 08/24/16 09:19:05 AM
#20818   I am inclined to believe that that is swampboots 08/24/16 09:17:48 AM
#20817   Without knowing anything, what happened here is the Traderfan 08/24/16 02:55:26 AM
#20816   Not sure why you think 3 or 5 Traderfan 08/24/16 02:38:22 AM
#20815   I stepped off last week after the $2.75 shell3 08/24/16 12:30:04 AM