Optex Systems Holdings, Inc. announced it has been awarded an up to $10.2 million, five-year requirement-type contract. The contract was issued by the Army Contracting Command - Detroit Arsenal for Abrams-based optical sighting systems.
This long-term contract underscores Optex Systems' core competencies and its continued importance in supplying critical optical components for the Abrams tank, a flagship U.S. military land vehicle. The requirement-type nature of the contract provides a stable and predictable revenue stream.
CEO Danny Schoening stated that the company is honored to be selected for this vital optical sighting system, emphasizing its significance for the company's ongoing commitment to defense applications.
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