RICHARDSON, TX— OPXS, (Marketwired – December 15, 2016) – Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has received a purchase order of $1.5 million from one of the world’s largest defense companies. These Laser Protected Periscopes will be delivered over the next three years and installed into Light Armored Vehicles in the Middle East.
“We are very pleased with our strategic expansion and the distribution of our products internationally,” said Danny Schoening, Optex’s CEO. “Our Company has placed a strong emphasis on opportunities in foreign markets and additional sales channels throughout the globe. This contract further highlights the strength of our operating performance as we anticipate continued progress in expanding our brand awareness as well as our top line.”
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of 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. For additional information, please visit the Company’s website at www.optexsys.com.
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