Optex Systems (OPXS.OB) Secures Multi-Year, Multi-Million Dollar Laser Technology Order with U.S. Army’s TACOM Division
As a wholly owned subsidiary of Optex Systems Holdings Inc., Optex Systems manufactures optical sighting systems and assemblies applicable to military services and contractors. The company also manufactures periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex Systems today announced it has secured a multi-year contract and first-delivery order of advanced laser protected periscopes for the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division. The contract could be worth about $7.5 million if Optex is awarded all delivery orders. According to Danny Schoening, COO of Optex Systems, the company looks forward to working with the TACOM division…