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 and has already shipped some of the products.
“Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army’s TACOM division. It’s a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability.” Schoening stated in the press release. “We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM.”
TACOMâ€™s position and service for the Army makes the contract a window of opportunity for Optexâ€™s further growth and name recognition. The TACOM division is one of the Army’s largest weapon systems research, development and sustainment organizations, providing mobility, lethality and survivability for soldiers through ground combat, automotive, marine and armaments technologies.