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Optex Systems secures $6.5 million military contract for supply of Optically Improved Periscopes
Dec 12, 2024•over 1 year ago
Contract Type
contract
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.
Agreement Insights
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months