Optex Systems Secures $1.4M Order For Laser Protected Periscopes From A New Domestic Customer
Portfolio Pulse from Benzinga Newsdesk
Optex Systems has secured a $1.4M order for laser protected periscopes from a new domestic customer. These periscopes are critical for protecting armored vehicles used by the U.S. Military. The products will be manufactured at the Optex Division of Optex Systems, Inc. This order increases the current Optex backlog to over $41 million.
August 14, 2023 | 10:07 am
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Optex Systems has secured a significant order, which will increase its backlog to over $41 million. This could potentially boost the company's revenues and profitability in the future.
The new order worth $1.4M is a positive development for Optex Systems. It not only represents new business, but also increases the company's backlog to over $41M, indicating a strong pipeline of future revenues. This could potentially boost the company's financial performance, making it an attractive investment.
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