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Optex Systems Holdings Inc. (OPXS)

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Last Post: 4/19/2017 3:22:55 PM - Followers: 135 - 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: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 03/23/2017 05:04:51 PM
OPXS News: Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) 03/23/2017 05:03:59 PM
OPXS News: Notice of Effectiveness (effect) 03/14/2017 06:01:48 AM
OPXS News: Notice of Effectiveness (effect) 03/14/2017 06:01:47 AM
OPXS News: Post-effective Amendment to Registration Statement (pos Am) 02/28/2017 05:01:50 PM
#20961   lol >> $10 back in 2014?? sure you fireopal 04/19/17 03:22:55 PM
#20960   huge volume today and just maybe the sellers snakess 04/17/17 09:38:28 PM
#20959   That is awesome news, now can they get Ecomike 04/12/17 07:04:55 PM
#20958   Morningstar upgraded $OPXS to four stars. Updated kai-zen 04/12/17 11:54:08 AM
#20957   lol totally agree and without r/s would probably fireopal 04/10/17 09:13:47 PM
#20956   not touting anything,just indicating a potential of buying snakess 04/10/17 01:14:02 PM
#20955   No rant. Just scratch my head when somebody redburns 04/10/17 11:51:40 AM
#20954   red you assume that i have not bought. snakess 04/10/17 11:49:52 AM
#20953   So for this great move to $3 that redburns 04/10/17 09:52:27 AM
#20952   Any day like many microcaps OPXS could make snakess 04/09/17 01:26:47 PM
#20951   Yep yep. The 200ma is sitting at kai-zen 04/08/17 08:07:05 PM
#20950   wrong! the warrants for leverage are snakess 04/08/17 01:15:11 PM
#20949   Stock is a much better buy than the redburns 04/07/17 03:54:36 PM
#20948   That's what I've been thinking. It was only kai-zen 04/07/17 10:18:55 AM
#20947   With Trump using up 100 million dollars in Ecomike 04/07/17 10:15:23 AM
#20946   Optex Systems Receives $1.726 M Purchase Order for kai-zen 03/29/17 07:38:47 PM
#20944   share repurchase announcement bakersson 03/08/17 09:38:26 AM
#20943   Im down big on this one too. wiman 03/02/17 09:49:50 PM
#20942   I am $8000 in the hole on this Ecomike 03/02/17 02:49:05 PM
#20941   Did the seller of 96200 which showed up redburns 03/02/17 11:16:05 AM
#20940   OPXS had been quiet since the last contracts kai-zen 02/28/17 11:44:07 PM
#20939   1.3 million award today bakersson 02/28/17 06:07:15 PM
#20938   Did somebody just pass out some Koolaid here Ecomike 02/28/17 03:07:58 PM
#20937   OPXS giving instead of getting today. swampboots 02/10/17 01:01:56 PM
#20936   Stock feels higher to me redburns 01/31/17 01:41:17 PM
#20935   I think these guys will benefit from the kai-zen 01/26/17 04:26:21 PM
#20934   What is your read on this one right Ecomike 01/26/17 03:49:13 PM
#20933   Wow, what an eye opener. Reminds me of tsoprano-1 01/24/17 10:36:39 PM
#20932   can save yourself some time and get an fireopal 01/24/17 08:21:13 PM
#20931   Yeah they have been around for a long kai-zen 01/23/17 04:28:28 PM
#20930   Longview Fund just reported over 9% ownership. Anyone tsoprano-1 01/23/17 02:08:04 PM
#20929   I use chrome and it doesn't work for me bakersson 01/23/17 08:56:26 AM
#20928   cut and paste this line. works with chrome snakess 01/21/17 06:23:38 PM
#20927   lol.... send that doc over to sendspace or something Watkins 01/21/17 12:08:30 AM
#20926   Nope. Still says Safari can't open. Local file. T tsoprano-1 01/20/17 12:03:07 PM
#20925   try this pdf for recommendation on page 8 snakess 01/19/17 07:27:07 PM
#20924   Snakess, can't open. Says local file. Possible to tsoprano-1 01/19/17 11:14:37 AM
#20923   file:///C:/Users/William/Downloads/WSBI789.pdf New buy recommendation located snakess 01/18/17 08:08:48 PM
#20922   stock pick recommendation within Wall Street's Best page snakess 01/18/17 08:05:36 PM
#20921   Saw that today and plan on accumulating for tsoprano-1 01/04/17 07:06:15 PM
#20920   Newsletter? Ecomike 01/04/17 03:39:24 PM
#20919   ZZZZZZZZZZZZZ. swampboots 01/04/17 03:27:21 PM
#20918   Not so load, only 6450 shares hear you swampboots 01/04/17 03:26:28 PM
#20917   a new recommendation on opxs and call stock snakess 01/04/17 12:34:16 PM
#20916   IHUB financials on OPXS says they have $491,000 Ecomike 12/30/16 06:21:54 PM
#20915   Increases in what? Shares issued? Ecomike 12/30/16 06:13:04 PM
#20914   OPXS...Huge increases in Annual Report..Stock price to explode! thecat1 12/23/16 09:14:31 AM
#20913   What is the ans? redburns 12/19/16 08:21:38 AM
#20912   OXPS - Is it ready shell3 12/17/16 01:45:28 PM
#20911   earnings release for 4th q the 21st of dec snakess 12/13/16 11:42:00 PM