Optex Systems Announces $6.5 Million Order for Laser Protected Periscopes
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Optex Systems Holdings, Inc. (Nasdaq:OPXS) has secured a $6.5 million IDIQ contract for laser protected periscopes from DLA Land and Marine, with potential extensions for two more years.
December 11, 2024 | 9:30 pm
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Optex Systems Holdings, Inc. has been awarded a $6.5 million IDIQ contract for laser protected periscopes, enhancing its revenue stream and supporting domestic armored vehicle manufacturers.
The $6.5 million contract is significant for Optex Systems as it provides a steady revenue stream over three years, with potential for extension. This contract supports their role in the defense sector, likely boosting investor confidence and stock price.
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