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Optex Systems Holdings Inc. (OPXS)

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Last Post: 1/22/2018 10:09:14 AM - Followers: 139 - Board type: Free - Posts Today: 2


                             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  -

Current Price
Bid Ask Day's Range
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OPXS News: Current Report Filing (8-k) 01/19/2018 09:01:29 AM
OPXS News: Current Report Filing (8-k) 01/16/2018 09:03:02 AM
OPXS News: Statement of Ownership (sc 13g) 12/26/2017 05:19:40 PM
OPXS News: Amended Annual Report (10-k/a) 12/22/2017 03:25:15 PM
OPXS News: Annual Report (10-k) 12/20/2017 04:25:19 PM
#21381   lol not the point silly. fireopal 01/22/18 10:09:14 AM
#21380   Of course there's selling when one of the littlefish 01/22/18 01:33:18 AM
#21379   as has been posted," charts do not lie " & fireopal 01/21/18 06:00:24 PM
#21378   Interesting to see that you now think this fireopal 01/20/18 02:33:21 PM
#21377   just as "Only a fool, blind person or fireopal 01/20/18 02:29:18 PM
#21376   Well Fire, you finally, once in a coons Ecomike 01/20/18 11:13:56 AM
#21375   Could it be the one low volume day Ecomike 01/20/18 11:01:27 AM
#21374   Only a fool, blind person or idiot can Ecomike 01/20/18 10:40:24 AM
#21373   Getting Monday stock work out of the way fireopal 01/19/18 11:48:27 PM
#21372   ROTFL >>"Reality view that is not tunnel vision fireopal 01/19/18 05:05:53 PM
#21371   Nice to see one other little fish post Ecomike 01/18/18 10:57:27 PM
#21370   once again - think you really might wanna fireopal 01/18/18 01:35:03 AM
#21369   Ah my mistake, just glanced over things. Glad littlefish 01/18/18 12:09:42 AM
#21368   nevermind. Looks like a difft Nacarrato -- fireopal 01/17/18 11:01:22 PM
#21367   say what? We already covered this one - fireopal 01/17/18 10:35:53 PM
#21366   Let me know if Hirschman rejoins things at littlefish 01/17/18 10:25:29 PM
#21365   lol you thought Hirschman was gone too so fireopal 01/17/18 10:20:41 PM
#21364   Excellent find! Actually, nevermind. Looks like a difft Nacarrato... littlefish 01/17/18 10:16:44 PM
#21363   lol Naccarato like Hischman has been part of fireopal 01/17/18 10:08:03 PM
#21362   Think there are 3-4 day periscopes for commander littlefish 01/17/18 03:33:41 PM
#21361   The separation continues: littlefish 01/16/18 10:19:52 PM
#21360   SA Advisory has not done much over the fireopal 01/11/18 11:39:46 AM
#21359   ? I'm long this company, it is a littlefish 01/11/18 10:57:42 AM
#21358   lol fire hasn't turned anyone AND what's sad fireopal 01/11/18 10:45:41 AM
#21357   Little fish, with the success ratio SA Advisory tsoprano-1 01/11/18 10:11:26 AM
#21356   ?? >> "just plain incorrect statements too (like fireopal 01/10/18 11:15:08 PM
#21355   you are right & you are guessing just fireopal 01/10/18 09:54:00 PM
#21354   lol almost posted yesterday about more buying than fireopal 01/10/18 09:39:03 PM
#21353   Oh brother, they couldn't even spell "our" correctly... littlefish 01/10/18 08:05:51 PM
#21352   continued recommendation on opxs/ opxxw as dividend pick snakess 01/10/18 07:09:56 PM
#21351   I'm guessing Alpha Anstalt is getting down to littlefish 01/10/18 01:40:31 PM
#21350   Interesting: littlefish 01/10/18 09:46:34 AM
#21349   I see about 5 periscopes at the 10 littlefish 01/06/18 12:05:30 AM
#21346   Looks like Seiler may not have been playing littlefish 01/01/18 02:18:08 PM
#21345   too funny - this "shell" (lol) company clearly fireopal 12/29/17 10:09:41 PM
#21344   Exactly. They didn't suddenly issue 50 million shares littlefish 12/29/17 09:19:46 PM
#21343   rotfl ah hello >> As of December 28, fireopal 12/29/17 08:31:50 PM
#21342   Correct. The filing clearly shows they were authorized littlefish 12/29/17 08:10:01 PM
#21341   lol your last few posts are beginning to fireopal 12/29/17 06:34:42 PM
#21340   Equity very often is represented as common shares littlefish 12/29/17 03:37:06 PM
#21339   lol nice try but not correct. one filing fireopal 12/29/17 02:49:11 PM
#21338   Doesn't negate the filing at all, just spells littlefish 12/29/17 02:07:32 PM
#21337   One final from original 2009 filing that i fireopal 12/29/17 12:54:56 PM
#21336   lol Optex Delaware formed/incorporated 9/08 as the state fireopal 12/29/17 11:21:38 AM
#21335   Fire- do you not understand companies issue shares littlefish 12/29/17 11:04:33 AM
#21334   please provide a link to another company that fireopal 12/29/17 10:56:53 AM
#21333   Doesn't negate anything. Alpha could easily sell Optex littlefish 12/29/17 10:52:50 AM
#21332   lol that you are BUT your story negates fireopal 12/29/17 10:47:50 AM
#21331   I'm getting the info from the first audited littlefish 12/29/17 10:43:59 AM
#21330   Last time, you are reading/relying on a filing fireopal 12/29/17 10:29:46 AM