Optex Systems Announces $2.0 Million Orders from DLA

Optex Systems Holdings, Inc, a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, today announced a multi-year Indefinite Delivery Indefinite Quantity (IDIQ) award from Defense Logistics Agency Land and Maritime for periscopes for up to $1.3 Million over a 3-5 year period and a Firmed Fixed Price award for $0.7 Million for 2019 and 2020 delivery.

Danny Schoening, CEO of the Optex Systems Holdings Inc., commented, "Optex continues to be the supplier of choice for periscopes by the Department of Defense and the major Primes producing Armored Vehicles. Optex continues to support our customers with product for new production and spares for those units in the field or currently going through refurbishment."

With this order, Optex's current backlog stands at over $28 Million.