Optex Systems Announces a $4.2 Million Award for Laser Protected Periscopes and Optical Sighting Systems

RICHARDSON, TX / ACCESS Newswire / March 19, 2025 / Optex Systems Holdings, Inc. (Nasdaq:OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded a firm fixed price purchase order from BAE Systems in support of the Bradley A4 Follow-On Production award. This $4.2 million award for laser protected periscopes and optical sighting systems is critical in mission capability for the Bradley Fighting Vehicle fielded by the U.S. Military and will be delivered over the next 28 months.

Danny Schoening, CEO, stated "Ensuring the safety and operational effectiveness of our armed forces is our top priority. We are honored to support the Bradley Fighting Vehicle program by providing advanced optical systems that meet the highest standards of quality and performance."

The periscopes and optical sighting systems supplied by Optex Systems are designed to offer enhanced durability, superior optical clarity, and exceptional reliability in harsh combat environments. By combining innovation with rigorous quality control measures, the company ensures that every system delivers the best overall value to the U.S. Army.

As a trusted partner of the defense industry, Optex Systems remains dedicated to advancing military optical technologies that enhance situational awareness and protection on the battlefield. This contract award reaffirms the company's leadership in the field of laser-protected vision systems and its ongoing commitment to supporting the mission readiness of U.S. forces and those of our allies.

With this order, the current Optex backlog is in excess of $42.5 million.

ABOUT OPTEX SYSTEMS

Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 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.