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Optex Systems Holdings Inc. (OPXS)

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Last Post: 4/19/2018 1:30:27 AM - Followers: 141 - Board type: Free - Posts Today: 1


                             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
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
OPXS News: Current Report Filing (8-k) 04/11/2018 04:17:05 PM
OPXS News: Notice of Effectiveness (effect) 02/15/2018 06:02:06 AM
OPXS News: Notice of Effectiveness (effect) 02/15/2018 06:02:06 AM
OPXS News: Quarterly Report (10-q) 02/14/2018 01:00:41 PM
OPXS News: Post-effective Amendment to Registration Statement (pos Am) 02/02/2018 03:05:56 PM
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#21563  Sticky Note Recent periscope order announced: littlefish 03/05/18 12:51:54 AM
#21631   either you are playing some sort of game fireopal 04/19/18 01:30:27 AM
#21630   You don't seem to understand the dilution that littlefish 04/18/18 11:53:09 PM
#21627   ah yeah - still looking to see link fireopal 04/18/18 06:46:54 PM
#21626   Departure date? They may still have their shares littlefish 04/18/18 02:47:27 PM
#21625   lol you are STILL not addressing initial fireopal 04/18/18 01:56:39 PM
#21624   2012 share count was about 700 million, not littlefish 04/18/18 09:41:55 AM
#21623   lol note 4 & 10 have nothing fireopal 04/18/18 12:48:07 AM
#21622   Already told you. Read note 4 and 10 littlefish 04/17/18 09:38:33 PM
#21621   gotta link to company filing explaining this insider's fireopal 04/17/18 08:09:20 PM
#21620   15 mill/700 mill does not equal more than 5%. littlefish 04/17/18 05:37:33 PM
#21619   lol very true >> rip-offs do happen, especially fireopal 04/17/18 02:13:26 PM
#21618   You're absolutely wrong IMO. I'm quite known for/am littlefish 04/17/18 10:34:28 AM
#21617   lol Again, you are missing the point so fireopal 04/17/18 01:46:52 AM
#21616   You are ignoring note 4 though I think littlefish 04/17/18 01:26:46 AM
#21615   Good that you finally see this BUT once fireopal 04/17/18 12:53:58 AM
#21614   Ya I was wrong on Arland selling their littlefish 04/16/18 10:24:24 PM
#21613   Nice try but we started this little dance fireopal 04/16/18 08:57:49 PM
#21612   Claim is that Alpha never sold the Preferreds littlefish 04/16/18 08:09:47 PM
#21611   here is a repeat of ownership post with fireopal 04/16/18 07:51:43 PM
#21610   Ha U even got me thinking Arland controlled littlefish 04/16/18 01:54:43 PM
#21609   I looked, looks like Arland only controlled the littlefish 04/16/18 01:15:03 PM
#21608   Only the preferreds. It's in the 10Ks, I littlefish 04/16/18 12:56:26 PM
#21607   They (Alpha) obviously got the convertibles iN the littlefish 04/16/18 12:52:58 PM
#21606   Will help you out here b/c know there fireopal 04/16/18 04:14:46 AM
#21605   Not interested in opinions SO ONCE AGAIN >> fireopal 04/16/18 02:47:48 AM
#21604   Re Arland (yet another thing U have continually littlefish 04/15/18 02:51:39 PM
#21603   lol like i said in post, other smaller fireopal 04/13/18 01:29:39 AM
#21602   Institutional holders are not insiders. littlefish 04/13/18 12:03:45 AM
#21601   ah hello, insider's selling etc has nothing at fireopal 04/12/18 11:20:03 PM
#21600   The share price IMO very clearly reflects being littlefish 04/12/18 08:10:02 PM
#21599   Not sure how your post relates to my fireopal 04/12/18 06:34:19 PM
#21598   Of course. Alpha Anstalt, what was the 2nd littlefish 04/12/18 04:41:43 PM
#21597   once again, the "new & improved" OPXS not fireopal 04/12/18 03:54:33 PM
#21596   selling continues BUT real strange today & don't fireopal 04/10/18 10:13:01 PM
#21595   think they might have meant "sell recommendation" b/c fireopal 04/04/18 04:23:17 PM
#21594   updated buy recommendation from noted financial publication since snakess 03/31/18 12:14:49 PM
#21593   updated opinion and recommendation on opxxw and opxs snakess 03/30/18 12:50:31 PM
#21592   I love that word strategic! swampboots 03/28/18 06:35:08 PM
#21591   This is a long term core holding. As littlefish 03/28/18 04:13:21 PM
#21590   Ok I'm circling again. swampboots 03/28/18 02:38:54 PM
#21589   Another order for their optical assemblies. littlefish 03/27/18 10:04:30 AM
#21588   Nice to have the funding passed last week littlefish 03/25/18 09:24:30 PM
#21587   Double digit increases to defense programs targeting OPXS littlefish 03/25/18 07:13:33 PM
#21586   Good point, think I've only been here for littlefish 03/15/18 12:49:13 PM
#21585   let's see what you are saying another year fireopal 03/15/18 12:42:19 PM
#21584   Share (and debt) structure is always important to littlefish 03/15/18 12:37:27 PM
#21583   lol you keep posting >> "I never would fireopal 03/15/18 12:26:22 PM
#21582   There certainly was no ripoff for optex shareholders littlefish 03/15/18 12:04:18 PM
#21581   lol "cleaned up" via another round of toxic fireopal 03/15/18 11:45:08 AM
#21580   Everything for me in the past would have littlefish 03/14/18 10:11:08 PM