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Optex Systems Holdings Inc. (OPXS)

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Last Post: 12/15/2017 1:05:31 AM - Followers: 134 - 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  -

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OPXS News: Statement of Ownership (sc 13g) 11/13/2017 01:32:51 PM
OPXS News: Current Report Filing (8-k) 09/29/2017 08:32:41 AM
OPXS News: Current Report Filing (8-k) 09/28/2017 09:02:34 AM
OPXS News: Statement of Changes in Beneficial Ownership (4) 08/17/2017 01:03:14 PM
OPXS News: Statement of Beneficial Ownership (sc 13d) 08/17/2017 01:01:54 PM
#21172   yep, very great company indeed that did a fireopal 12/15/17 01:05:31 AM
#21171   There's this too (remember OPXS's bread and butter littlefish 12/15/17 12:05:57 AM
#21170   fireopal- I like having people like you around littlefish 12/14/17 10:34:30 PM
#21169   If they're doing so well at what they fireopal 12/14/17 07:53:59 PM
#21168   Really not your business but if you must fireopal 12/14/17 07:47:55 PM
#21167   By the way fire, I think you were littlefish 12/14/17 05:10:54 PM
#21166   Actually it's better than what I posted because littlefish 12/14/17 04:46:19 PM
#21165   Fireopal, you state: "lol unfortunately i do know littlefish 12/14/17 04:22:32 PM
#21164   fire are u a shareholder anymore? Why snakess 12/14/17 03:11:05 PM
#21163   Of course fire sale will continue to run fireopal 12/12/17 11:02:43 PM
#21162   Opinion just because a firm buys promotion snakess 12/12/17 07:33:19 PM
#21160   Agreed. The paid pumpers/advertisers are gone, let me littlefish 12/12/17 04:17:34 PM
#21159   like i said - "we'll see" BUT a fireopal 12/12/17 03:53:21 PM
#21158   I agree fire, but looking forward you'll start littlefish 12/12/17 02:31:40 PM
#21157   lol you mean like how 02 cents fireopal 12/12/17 02:07:07 PM
#21156   lol well they must have known they were fireopal 12/12/17 01:54:40 PM
#21155   Nope, not overthinking it. It broke a long Ecomike 12/12/17 12:38:50 PM
#21154   Based on the past, they've lost money operationally littlefish 12/12/17 12:32:24 PM
#21153   Like i have said in the past and fireopal 12/12/17 01:13:49 AM
#21152   Agreed, the track record of Viking mngmnt is littlefish 12/12/17 12:10:00 AM
#21151   lol unfortunately i do know the time frame fireopal 12/11/17 11:30:07 PM
#21150   I personally doubt they'd exceed the 9.99 percent littlefish 12/11/17 10:12:35 PM
#21149   consider where the losses came from last 9 snakess 12/11/17 08:02:30 PM
#21148   volume is the strongest it has been with snakess 12/11/17 07:11:07 PM
#21147   U're thinking too much IMO. Meaningful moves won't littlefish 12/11/17 05:16:46 PM
#21146   Indeed it is. Alpha Capital Anstalt is a kai-zen 12/11/17 04:36:00 PM
#21145   For what has been a dead volume stock Ecomike 12/11/17 04:21:18 PM
#21144   ? We're talking a few hundred K dollars littlefish 12/11/17 04:06:51 PM
#21143   $OPXS crazy trading going on today, something is Ecomike 12/11/17 02:21:28 PM
#21142   getting close to 52 week high . volume snakess 12/08/17 08:36:52 PM
#21141   Ok I will not sell till you tell. swampboots 12/08/17 02:51:16 PM
#21140   I never would have touched this until after littlefish 12/08/17 02:34:32 PM
#21139   1.20. Don't envy me,,it was the one I swampboots 12/08/17 02:27:23 PM
#21138   Yup, running away darn it... Didn't get full littlefish 12/08/17 02:22:46 PM
#21137   1.12 (15K) on the bid. swampboots 12/08/17 02:17:29 PM
#21136   next div jan 19 and then again april snakess 12/07/17 07:47:35 PM
#21135   2:30 spike to 1.06? swampboots 12/07/17 06:14:05 PM
#21134   After another scary looking dip, out of no Ecomike 12/07/17 03:09:34 PM
#21133   The "problem" is down 10% in about 2 Ecomike 11/28/17 05:10:30 PM
#21132   what is the problem here today redburns 11/28/17 12:51:07 PM
#21131   Nope - didn't post anything about other play fireopal 11/15/17 03:32:08 PM
#21130   I own warrants, so not nearly as much tsoprano-1 11/15/17 03:22:36 PM
#21129   Alpha is not new owner/player here - has fireopal 11/15/17 03:19:32 PM
#21128   It is my understanding that they have to tsoprano-1 11/15/17 03:10:41 PM
#21127   Even if possible for 13g insider to buy fireopal 11/15/17 02:45:02 PM
#21126   I guess I am not catching on to tsoprano-1 11/15/17 12:31:24 PM
#21125   lol OPXS has not had 818,190 vol fireopal 11/15/17 10:59:17 AM
#21124   They bought in open market, I would think. tsoprano-1 11/15/17 09:23:01 AM
#21123   LOL not a personal attack at all - fireopal 11/14/17 10:54:57 PM
#21122   Personal attacks are not my bag, just answer Ecomike 11/14/17 02:14:56 PM