Optex Systems Announces $2.1M Order For Laser Protected Periscopes With Expected Deliveries Over The Next 18 Months; Current Optex Backlog Is In Excess Of $45M
Portfolio Pulse from Benzinga Newsdesk
Optex Systems Holdings, Inc. (NASDAQ:OPXS) has secured a $2.1 million order for laser protected periscopes, with deliveries expected over the next 18 months. This order contributes to a backlog exceeding $45 million, supporting domestic armored vehicle production.
September 23, 2024 | 8:10 pm
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Optex Systems has received a $2.1 million order for laser protected periscopes, enhancing its backlog to over $45 million. This order supports domestic armored vehicle production and is expected to be delivered over the next 18 months.
The $2.1 million order for laser protected periscopes is a positive development for Optex Systems, as it contributes to a significant backlog of over $45 million. This indicates strong demand and potential revenue growth, which is likely to positively impact the stock price in the short term.
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