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Optex Systems Holdings Inc. (OPXS)

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Last Post: 1/3/2019 9:40:45 PM - Followers: 143 - Board type: Free - Posts Today: 0


                             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.


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

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
OPXS News: Amended Statement of Ownership (sc 13g/a) 01/03/2019 04:03:32 PM
OPXS News: Annual Report (10-k) 12/20/2018 09:32:57 AM
OPXS News: Statement of Ownership (sc 13g) 11/29/2018 04:05:03 PM
OPXS News: Quarterly Report (10-q) 08/13/2018 04:06:57 PM
OPXS News: Amended Statement of Ownership (sc 13g/a) 08/10/2018 11:00:18 AM
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#21718   Well this answers, at least in part, who Ecomike 01/03/19 09:40:45 PM
#21717   What the hell just happened today? Shorted?, Ecomike 12/20/18 01:19:53 PM
#21716   Ya given the backlog numbers. But like last littlefish 12/20/18 12:20:57 PM
#21715   Hey down .24, is premise secure? swampboots 12/20/18 10:57:18 AM
#21714   Agreed on warrants. However, they deliver $1.5 per littlefish 12/09/18 11:46:27 PM
#21713   I’m fairly new to investing, in doing research Lee2512 12/09/18 05:29:54 PM
#21712   Interesting view from a bipartisan congressional panel- littlefish 11/15/18 12:09:56 AM
#21711   I think OPXS has the sole source contract, Ecomike 10/10/18 06:51:58 PM
#21710   Might help little suppliers like Optex (I think littlefish 10/04/18 09:49:19 PM
#21709   With another 20 days before the Q ending snakess 09/11/18 01:24:47 AM
#21708   7 Million in new contracts announced this quarter gilead23 09/10/18 08:57:44 AM
#21707   Thanks LF appreciate any info gilead23 09/07/18 03:13:06 PM
#21706   It's a public site. Took me awhile to littlefish 09/07/18 03:06:02 PM
#21705   Where did you see the contract award? Usaspending? gilead23 09/06/18 01:57:23 PM
#21704   Not certain but think OPXS just won a littlefish 09/06/18 10:17:07 AM
#21703   Sorry to hear about family health issues & fireopal 08/17/18 04:57:14 PM
#21702   You actually did get me in it. After gilead23 08/17/18 08:54:35 AM
#21701   since the end of the fiscal yr for snakess 08/17/18 12:41:18 AM
#21700   Ya was trying to bug some of you littlefish 08/16/18 08:18:22 PM
#21699   This was certainly a great call around a gilead23 08/16/18 07:07:35 PM
#21698   Have some unfortunate health stuff to deal with littlefish 08/16/18 06:58:09 PM
#21697   lol was wondering if you were still around fireopal 08/16/18 04:23:51 PM
#21696   Nice timing. littlefish 08/14/18 09:46:24 PM
#21695   Nice. Good luck. littlefish 08/14/18 01:07:27 PM
#21694   8/12 - Shorts Increased By 6.67% - https://flecha123.com/2018/08/12/davenport-o fireopal 08/13/18 04:39:55 PM
#21693   lol >> "This is not a typical OTC fireopal 08/13/18 04:30:25 PM
#21692   22% change in retail share ownership reported by Ecomike 08/13/18 12:47:53 PM
#21691   2 day old news Ecomike 08/12/18 05:24:42 PM
#21690   rotfl - monkeys meaning ER pumper players? fireopal 08/07/18 11:27:57 PM
#21689   8 days and monkeys will still be swinging redburns 08/07/18 08:31:38 PM
#21688   lol i along with some others wish $37.75 fireopal 08/07/18 04:51:37 PM
#21687   5 year low is about .3x-.6x area as Ecomike 08/07/18 02:50:55 PM
#21686   Great move!! 5 yr chart shows $37.75 high redburns 08/07/18 01:57:45 PM
#21685   lol great chart analysis, keep it up. kai-zen 07/23/18 02:21:33 PM
#21684   as was expected - (7/17) double top @ fireopal 07/23/18 01:55:09 PM
#21683   Another 52 week high made today. Nice volume Ecomike 07/23/18 12:06:46 PM
#21682   Not suggesting that you do anything because you fireopal 07/22/18 07:11:04 PM
#21681   So your suggestion is that I wait till Ecomike 07/22/18 01:41:00 PM
#21680   lol some things never change & according to fireopal 07/22/18 01:16:42 AM
#21679   OPTEX SYSTEMS HOLDINGS (OPXS) Shorts Raised By 6.67% fireopal 07/22/18 12:40:39 AM
#21678   Think i remember you saying something similar before fireopal 07/22/18 12:13:33 AM
#21677   $OPXS , when driving down the road, one Ecomike 07/21/18 06:19:52 PM
#21676   lol chart candy?? 13 cent increase has RSI/Sto fireopal 07/21/18 01:23:39 PM
#21675   $OPXS is on fire! Chart candy folks! Ecomike 07/21/18 11:25:32 AM
#21674   OPXS has made a 1 year high folks!!! Ecomike 07/20/18 02:31:57 PM
#21673   $OPXS eruption is here folks!!! 6 month high !!! Ecomike 07/20/18 02:31:15 PM
#21672   $OPXS chart 3.0 , 3 month chart Ecomike 07/20/18 02:30:18 PM
#21671   OPXS chart candy 2.0 Ecomike 07/20/18 02:29:08 PM
#21670   Chart candy OPXS Ecomike 07/20/18 02:27:53 PM
#21669   something very strange about (creditor) Longview's .85 cent fireopal 07/20/18 01:00:32 PM