RICHARDSON, TX--(Marketwired - October 25, 2016) - Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings, Inc. (OTCQB: OPXS), a leading manufacturer of precision optical sighting systems for domestic and worldwide military and commercial applications, announced today it has been awarded $1.3 million as part of a multi-year strategic supplier agreement with a domestic manufacturer of premium optical devices to supply its optical assemblies. The products will be manufactured at the Applied Optics Center (AOC) Division of Optex Systems, Inc.
"This award is another indicator of our recent success in utilizing our empirical knowledge of military specifications and defense contracts in support of commercial applications," stated Bill Bates, AOC's General Manager. Mr. Bates continued, "We are continually looking for opportunities to utilize our core competencies in more commercial based applications such as medical, machine vision, and industrial optical components."
AOC is a key supplier of technically challenging thin-film coatings, optical components, assemblies and systems.
ABOUT OPTEX SYSTEMS
Optex, which was founded in 1987, is a Richardson, Texas based ISO 9001:2008 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.
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