Optex Systems Holdings (OPXS) said late Wednesday it received a contract worth $6.5 million from DLA Land and Marine for the supply of laser-protected periscopes.
The "indefinite delivery, indefinite quantity" contract is for three years, with two additional option years.
The company said it now has an order backlog in excess of $42 million, including the contract with DLA.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.