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Optex Systems Holdings Inc. (OPXS)

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Last Post: 10/18/2016 10:46:23 AM - Followers: 146 - 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: Statement of Ownership (sc 13g) 10/04/2016 04:46:12 PM
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
#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
#20893   OPXS...Another contract posted today. Nice. thecat1 10/18/16 10:46:23 AM
#20892   Some bogus promotional website service. Just look StockSleuth 10/13/16 06:07:23 PM
#20891   Great info in news letter. I believe OPXS thecat1 10/06/16 07:31:18 AM
#20890   New buy recommendation on opxs from newsletter that snakess 10/05/16 01:47:34 PM
#20889   yep and i posted about this one long fireopal 10/03/16 11:09:06 PM
#20888   "..Our board of directors’ primary reason for fireopal 10/03/16 10:25:03 PM
#20887   ROTFL AND as you well know >> this fireopal 10/03/16 09:43:51 PM
#20886   Why would the convertible debt people be converting fireopal 10/03/16 09:21:25 PM
#20885   Right now OPXS is trading at about its Ecomike 10/03/16 08:20:29 PM
#20884   Axion power has been a worthless POS now Ecomike 10/03/16 08:16:21 PM
#20883   You use to tout the quarterly and annual Ecomike 10/03/16 08:01:19 PM
#20882   lol ok so how much profit are we fireopal 10/03/16 02:05:38 PM
#20881   c'mon ecomike - you used to be on fireopal 10/03/16 02:03:12 PM
#20880   Changing the subject or did I miss something? Ecomike 10/03/16 01:15:55 PM
#20879   What promotion? Ecomike 10/03/16 01:12:46 PM
#20878   Considering that someone paid for a promotion, I StockSleuth 10/03/16 11:07:11 AM
#20877   Didn't OPXS just report their first ever quarterly fireopal 10/02/16 08:46:02 PM
#20876   Why do you think they are bailing at Ecomike 10/02/16 05:29:43 PM
#20875   No Sileas Corporation holds 470.5 of the preferred shell3 09/30/16 10:35:58 AM
#20874   has all the pfd been converted? redburns 09/30/16 10:28:30 AM
#20873   He's bailing on both, AXPW he's getting shell3 09/30/16 12:01:37 AM
#20872   Pro Pump starting tomorrow! Might get a morning Freebird-BFCJ 09/29/16 08:44:10 PM
#20870   lol true and according to ADVFN those buys fireopal 09/28/16 08:57:59 AM
#20869   At some point the understanding of trading becomes redburns 09/28/16 08:09:58 AM
#20868   ADVFN reflects no buys @ 72 cents this fireopal 09/27/16 07:40:23 PM
#20867   You can either buy or sell it at redburns 09/27/16 09:21:44 AM
#20866   Prove otherwise please! I would like to lasserplus 09/27/16 09:14:15 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