Optex Systems Holdings, Inc (OPXS)'s Order Backlog Grows With New Defense Contract

Optex Systems Holdings, Inc (NASDAQ:OPXS) is among the 11 Best Performing Defense Stocks to Buy Now. On August 5, the firm was awarded a $1.6 million order from General Dynamics Land Systems Canada for laser-protected periscopes that are vital for the mission capabilities of armored vehicles.

With this order, Optex Systems Holdings, Inc (NASDAQ:OPXS)’s backlog has crossed the $45 million mark. Deliveries are scheduled for FY 2026. The contract also reaffirms the company’s leadership in laser-protected vision systems and its commitment to aiding the mission readiness of American allies. Its periscopes and optical sighting systems offer enhanced durability, reliability, and superior optical clarity in harsh combat environments.

In other news, Optex Systems Holdings, Inc (NASDAQ:OPXS) recently reported strong results for the three months ended June 29, 2025. The company’s revenue surged 22.6% year-over-year, while net income grew 19.7% from the prior period. The encouraging results were driven by higher periscope production at the Richardson facility and rising customer demand across the Richardson and Applied Optics segments.

Optex Systems Holdings, Inc (NASDAQ:OPXS) develops optical sighting systems and assemblies, mainly for Department of Defense (DOD) applications. The stock has had impressive returns in 2025, surging over 60% year-to-date.

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