Optex Systems Holdings, Inc. · NASDAQ:OPXS
Optex Systems — Investor Presentation (June 2026)
21 slides from Optex Systems's investor presentation, Jun 30, 2026
Slide 1: Optex Systems Holdings Inc.
Optex Systems Holdings Inc. June 30th, 2026 Nasdaq: OPXS — True Vision for the Modern Warfighter
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation includes forward-looking statements that are subject to many risks and uncertainties. These forward-looking statements represent expectations and beliefs concerning future events, including, but not limited to, statements regarding short-term and long-term
Slide 3: Contents
Contents 01 02 Why Optex Problem We Solve Sole source provider of mission critical products Eliminating the threat to the warfighter and their systems 03 04 Mission Customers and Products How we drive our passion Blue chip customers and products we deliver 05 06 Market Opportunities and Competitors
Slide 4: Why Own Optex?
Why Own Optex? Sole-source provider of mission-critical optics on the U.S. Army's core armored vehicle programs — mandated content with no substitutes. INVESTMENT THESIS Sole-Source Contracts Mission-Critical, Non- Deep Program Discretionary Demand Entrenchment Mandated supplier on the Army's primar
Slide 5: A Moat Built Over Decades
A Moat Built Over Decades Optex's competitive position is protected by structural barriers that are nearly impossible to replicate — locking in recurring revenue from blue-chip defense customers. Proprietary Coating Formulations Patented Designs & Specifications Sole-Source Program Locks Optex owns
Slide 6: The Problem We Solve
The Problem We Solve Armored vehicle crews operate in environments where laser threats, ballistic hazards, and limited visibility can be lethal. Without protected, high-performance vision systems, the warfighter is blind — and vulnerable. How Optex Protects the Warfighter Laser Threat Elimination 36
Slide 7: Two Franchises. One Mission.
Two Franchises. One Mission. Optex Systems Holdings operates two distinct, mission-critical business segments — each a sole-source provider in its domain. Optex - Armored Vehicle Sighting Systems AOC - Laser Protection Coatings Sole-source provider of periscopes, vision blocks, and Applied Optics Ce
Slide 8: Customers
Customers 95% Defense Customers — Optex serves the world's leading defense primes and government agencies.
Slide 9: Product Overview
Product Overview Vehicle Periscopes & Assemblies Thin-Film Coatings & Laser Protection Dozens of variants for every armored ground vehicle and Proprietary formulations and processes for laser protection Howitzer used by the U.S. Army, Marines, and allied filters, interference filters, and advanced o
Slide 10: Vehicle Periscopes and Assemblies
Vehicle Periscopes and Assemblies Product Details Vehicles & Program Penetration Variants: Dozens of variants and configurations for every armored ground vehicle and Howitzer used by the U.S. Army and Marines and Abrams M1A1 & Stryker & Bradley dozens of militaries around the world. M1A2 • Driver, C
Slide 11: Thin-Film Coatings – Laser Protection Filters
Thin-Film Coatings – Laser Protection Filters Proprietary Technology Optex owns the specific formulations and processes of its coatings and thin-films. The U.S. Military requires any optical product — from periscopes to rifle scopes — used by the warfighter to have laser protection coatings. Coating
Slide 12: Vehicle Weapon Sighting and Aiming Systems
Vehicle Weapon Sighting and Aiming Systems Tank Muzzle Reference Sensor (MRS) MRS provides consistent accuracy to Abrams tank commanders during repeated fire by calibrating the tank barrel to the sighting system within the vehicle. Optex is the sole-source provider of MRS on all variants of the Abra
Slide 13: Optical Assemblies, Binoculars & NGSW Filters
Optical Assemblies, Binoculars & NGSW Filters Optical Assemblies Optex is a leading supplier of optical assemblies and components to military users. The Company produces dozens of variations and configurations depending on customer requirements. • Daylight filter assemblies • Laser rods • Lenses and
Slide 14: 43% increase in defense funding creating new market opportunities
Market Opportunities 43% increase in defense funding creating new market opportunities 2027 Funding Request Highlights $53.6B $53.0B Drone Dominance Munitions Procurement $60.0B $21.0B Munitions Development Counter UAS Development $17.9B $16.8B Golden Dome Land Power Modernization (AMPV, Abrams M1E3
Slide 15: Market Share
Market Share Annual Market: $25M Annual Market: $20M New capital investments and New coating capabilities will Research and development business optimization initiatives continue to drive growth in the funding allows business will lead to cost reductions and infrared coatings market. expansion initi
Slide 16: Business Strategy
Business Strategy Market Retention • Armored vehicle periscopes and vision blocks • Laser protection filters • Aviation IR coatings • Optical assemblies Product Development • New armored vehicle sighting systems • Infrared lens coatings • Diamond like lens coating Market Development • Aerospace and
Slide 17: Competitive Advantage
Competitive Advantage Investing internally and focused on providing capability and capacity to the defense market. Established Position Expanding Market Established product line with strong customer base. Mature Focused on an expanding defense market. New technology product lines with a dominant pos
Slide 18: Financial Overview
Financial Overview *Note: Refer to backup slides for reconciliation of EBITDA to net income for prior year reporting $43M–$45M $7.5M–$8.5M 16.7%–19.7% 2026 Revenue Guidance 2026 EBITDA Guidance EBITDA Margin Range Increasing due to new product development Down slightly due to increased R&D expense R
Slide 19: Summary
Summary Established Customer Base in a Growing Market Serving the world's leading defense primes in a market undergoing substantial growth driven by a 43% increase in defense funding. Dominant Market Position Mature product lines with a dominant position in the market, including sole-source contract
Slide 20: Backup Slides
Backup Slides
Slide 21: Prior Year Reporting – EBITDA / Net Income Reconciliation
Prior Year Reporting – EBITDA / Net Income Reconciliation (Thousands) Twelve months ended September 30, 2018 September 29, 2019 September 27, 2020 October 3, 2021 October 2, 2022 October 1, 2023 September 28, 2024 September 28, 2025 Net Income (GAAP) $ 1,394 $ 5,668 $ 1,825 $ 2,131 $ 1,283 $ 2,263 $
Optex Systems Holdings — Investor Presentation (June 2026) on 6ix