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Optex Systems secures $6.5 million military contract for supply of Optically Improved Periscopes

Dec 12, 2024almost 2 years ago

Contract Type

contract

RichardsonManufacturing

Description

Optex Systems Holdings, Inc. has secured a $6.5 million contract from DLA Land and Marine for the supply of Optically Improved Periscopes. The Indefinite Delivery Indefinite Quantity (IDIQ) agreement has an initial term of three years and an option to extend for two additional years.

Company Information

Company

Optex Systems Holdings

Location

Richardson, Texas, United States

About

Optex Systems Holdings, Inc. is a manufacturer specializing in precision optical sighting systems, established in 1987 and based in Richardson, Texas. It supplies optical sighting systems and assemblies mainly for the Department of Defense.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.