Optex Systems Holdings, Inc. (Nasdaq:OPXS) said on September 18, 2026 that it had been awarded a $1.22 million contract for Laser Filter Units used with various night vision goggle systems. The company said deliveries under the order are scheduled to cover January 2027 through December 2027.
#Contract and backlog
The order is associated with the Applied Optics Center, a division of Optex Systems, Inc. The company said the new award brings its current backlog to in excess of $28.3 million.
Optex identified the timing of contract deliveries and related revenue recognition as forward-looking matters. It said such statements involve risks and uncertainties, and that actual future results may differ materially from those described.
#Applied Optics Center operations
The Applied Optics Center supplies laser-protection optics and optical devices designed to protect soldiers’ eyes and visual augmentation equipment. Bill Bates, the division’s general manager, said the business supplies laser-protection optics and optical assemblies to the U.S. military.
According to the company, the division has added capabilities, equipment and engineering expertise in thin-film coatings and assemblies. It has also added engineering resources and equipment as it returns to infrared optical components, the company said.
#Optex Systems background
Optex Systems is based in Richardson, Texas, and was founded in 1987. The company describes itself as an ISO 9001:2015 certified manufacturer of optical sighting systems and assemblies, with applications primarily involving the Department of Defense.
Its products include periscope configurations, rifle and surveillance sights, and night vision optical assemblies. The company said its equipment is installed on various U.S. military land vehicles, including Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and vehicles in the Stryker family. Optex supplies products directly to military services and to prime contractors.
#Risks and uncertainties
Optex said its forward-looking statements are subject to risks including changes in defense-program funding and military spending, economic and business conditions, geopolitical unrest, competition, technology changes, engineering or manufacturing delays, shifts in customer orders, component shortages, supply-chain issues and export-regulation changes.
The company also cited risks involving tax rates, accounting policies, employee and customer retention, fixed-price engagements, acquisitions and restructurings, and other factors beyond its control. Optex said no forward-looking statement can be guaranteed and that it does not assume an obligation to update such statements. Further terms and risks are set out in the company’s regulatory filings.
#Key Takeaways
- Optex Systems said it was awarded a $1.22 million contract for Laser Filter Units.
- The units are associated with various night vision goggle systems.
- The company said deliveries cover January 2027 through December 2027.
- Optex reported a current backlog in excess of $28.3 million after the award.
- The Applied Optics Center provides laser-protection optics and optical assemblies for U.S. military applications.
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