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Optex Systems Holdings Inc. (OPXS)

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                             Optex Systems Holdings Inc.

 Optex Systems Holdings Inc. Headquarters

Company website: www.optexsys.com
 

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.
 

Products

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  - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104764246

 
OPXS
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OPXS News: Current Report Filing (8-k) 11/07/2019 04:46:23 PM
OPXS News: Statement of Ownership (sc 13g) 11/05/2019 05:26:11 PM
OPXS News: Statement of Beneficial Ownership (sc 13d) 10/03/2019 04:03:15 PM
OPXS News: Statement of Beneficial Ownership (sc 13d) 10/03/2019 08:31:07 AM
OPXS News: Quarterly Report (10-q) 08/12/2019 04:02:26 PM
PostSubject
#21799   has been off everyone's radar since pumpers lost fireopal 01/18/20 12:39:40 PM
#21798   I love how this is completely off anyone's fishhunter 01/15/20 09:10:17 AM
#21797   Good buy so far! gilead23 01/14/20 07:19:50 PM
#21796   I expect this next earnings release to be gilead23 01/03/20 04:39:39 PM
#21795   Good point but I think opxs is headed fishhunter 01/03/20 04:31:38 PM
#21794   Not in favor, but saber rattling or an gilead23 01/03/20 11:38:38 AM
#21793   Seriously, PPS still right 01 cent (pre r/s fireopal 12/21/19 05:55:23 PM
#21792   I wasn’t entirely clear. That 5.8 million in gilead23 12/18/19 10:50:41 AM
#21791   Yeah action was not exciting gilead23 12/18/19 09:57:57 AM
#21790   Agree...Surprised by the muted volume. wildwood 12/18/19 08:15:41 AM
#21789   Well that was a disappointing day for the stock. fishhunter 12/17/19 06:15:59 PM
#21788   I first read it on Yahoo Finance. fishhunter 12/16/19 06:42:14 PM
#21787   You have a link? I don't see it gilead23 12/16/19 06:31:09 PM
#21786   They already issued the PR. fishhunter 12/16/19 06:28:19 PM
#21785   Hopefully they do a PR in the AM gilead23 12/16/19 06:24:01 PM
#21784   I get normalized EPS of more like .37 gilead23 12/16/19 06:06:26 PM
#21783   Wowie Zowie fishhunter 12/16/19 05:46:57 PM
#21782   Hallelujah! The turnaround confirmed. wildwood 12/16/19 05:43:56 PM
#21781   10K is out. Looks like a blowout Q4 gilead23 12/16/19 04:22:48 PM
#21779   I always admire those with whom I agree. wildwood 12/15/19 08:38:48 AM
#21778   All true fishhunter 12/05/19 09:56:30 AM
#21777   The downside of buying things that seem really gilead23 12/04/19 06:20:07 PM
#21776   Wow no one follows this at all. fishhunter 12/04/19 05:41:02 PM
#21775   A 35 million contract is significant even shared. Some gilead23 12/03/19 07:58:25 PM
#21774   Beautiful contract news tonight! fishhunter 12/03/19 06:51:06 PM
#21773   When I bought there were 7000 at an fishhunter 11/15/19 02:36:12 PM
#21772   Glad you weren’t the only buyer. There were gilead23 11/15/19 02:06:52 PM
#21771   I bought 10000 shares. fishhunter 11/15/19 01:54:42 PM
#21770   You the big buyer today? gilead23 11/15/19 01:39:14 PM
#21769   Bought more today. Fair value today is fishhunter 11/15/19 01:18:24 PM
#21768   uplisting not likely imo - has been mentioned fireopal 11/13/19 06:51:36 PM
#21767   Swapping out 3 directors. gilead23 11/04/19 05:50:30 PM
#21766   lol people have been saying this will be fireopal 10/08/19 02:54:52 PM
#21765   Always good to buy a stock with strong fishhunter 09/30/19 09:29:06 PM
#21764   Nice to see the price firming with some gilead23 08/28/19 11:40:41 AM
#21763   I really know nothing about Optex other than fishhunter 08/27/19 01:23:12 PM
#21762   Glad to see a refugee from the VTSI gilead23 08/27/19 11:54:52 AM
#21761   In a way you are correct and in fishhunter 08/27/19 11:45:10 AM
#21760   Well that explains the run up today. Sweet!!!! Ecomike 08/26/19 04:53:18 PM
#21759   OPXS partners with G&H to sell into Europe gilead23 08/26/19 09:25:13 AM
#21758   https://www.zerohedge.com/news/2019-07-26/unprecedented-wasteful-obscene-house-a db7 07/26/19 04:56:43 PM
#21757   https://nationalinterest.org/blog/buzz/get-ready-us-armys-m-1a2c-abrams-tank-671 db7 07/17/19 11:01:58 AM
#21756   I saw that and GD-got another 2 billion Ecomike 07/09/19 12:50:58 PM
#21755   $2.2bil sale approved: https://www.zerohedge.com/news/2019-07-08/major-provocat db7 07/09/19 11:49:58 AM
#21754   Yep Taiwan sale should mean business for OPXS gilead23 06/05/19 07:05:59 PM
#21753   Correction - catching up on China news sources fireopal 06/05/19 05:26:46 PM
#21752   Know there has been talk about reopening our fireopal 06/05/19 05:08:34 PM
#21751   And 'possibly' some rev's from this assuming it db7 06/05/19 04:26:25 PM
#21750   No faster way to wreck things than to Ecomike 06/05/19 04:21:37 PM
#21749   And More good news for $OPXS, as they Ecomike 06/05/19 04:04:09 PM
PostSubject