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Tuesday, March 11, 2014 11:20:39 AM
Optex Systems Holdings, Inc., (OTCBB: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 certified concern that manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications.
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 in its product lines:
• Reliability - failure can cost lives
• Cost effectiveness
• Ability to deliver on schedule
• Armed forces need to be able to see to perform
• Mission critical products.
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 lines include:
• 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)
$OPXS BarChart's Snapshot's
www.barchart.com/snapopinion/stocks/OPXS
IMPORTANT THINGS TO KEEP IN MIND!!!
$OPXS $5,687,690 on last 12 Month's Contracts
$OPXS has 78 working Contracts on the book's - Back Log
$2,536,641.80 on 2 Contracts Feb 6 2014 from Department of Defense
Feb 6 2014 https://www.fbo.gov/?s=opportunity&mode=form&id=0623ff0ab0cd6e8096fff3d36d9ad137&tab=core&_cview=0"; rel="nofollow" target="_blank" >https://www.fbo.gov/?s=opportunity&mode=form&id=0623ff0ab0cd6e8096fff3d36d9ad137&tab=core&_cview=0
Feb 6 2014 https://www.fbo.gov/?s=opportunity&mode=form&id=190f56e3861a5b31f06642af55011db0&tab=core&_cview=1"; rel="nofollow" target="_blank" >https://www.fbo.gov/?s=opportunity&mode=form&id=190f56e3861a5b31f06642af55011db0&tab=core&_cview=1
$1,000,000 General Dynamics Dec 19 2013 Contract
ir.stockpr.com/optexsys/company-news/detail/384/optex-systems-inc-wins-1-0-million-award-under-general-dynamics-contract
$2,151,048.61 on 22 2013 Contracts from Department of Defense
https://www.fbo.gov/?s=opportunity&mode=list&tab=searchresults"; rel="nofollow" target="_blank" >https://www.fbo.gov/?s=opportunity&mode=list&tab=searchresults
2011-2017 Contract Award Dollar Amount:Not to Exceed $7,673,670
https://www.fbo.gov/index?s=opportunity&mode=form&id=6a1615110076bb7bf62c49deaf3b181f&tab=core&_cview=0"; rel="nofollow" target="_blank" >https://www.fbo.gov/index?s=opportunity&mode=form&id=6a1615110076bb7bf62c49deaf3b181f&tab=core&_cview=0
My $OPXS DD List
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=967226
$17,070,000 2013 Rev's
$2,536,641.80 Feb 2014 Contracts from Department of Defense
$2,151,048.61 (22) 2013 Contracts from Department of Defense
$1,000,000 General Dynamics Dec 2013 Deal
$94,000,000 (158) Contracts Total from DoD 2009/2012
$7,000,000 Inventory Paid for
$1,600,000 Operating Cash on Hand and enough CEO says
70+ Employees and Part Time - $3,500,000 Payroll
75 Discrete contract's ongoing * in filing 10K
148,000,000 shares insiders * CEO * CFO * President * Ottwa
157,346,607 Outstanding
Pay Down Debt * $500k short term * $1.3m long term
Recent OPXS News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:23:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:15:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 08:46:32 PM
- LifeVantage Appoints Dayton Judd to the Board of Directors • GlobeNewswire Inc. • 02/15/2024 09:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 02:30:11 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 01/22/2024 09:05:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:30:26 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/10/2024 09:22:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 11:04:26 AM
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