Showing posts with label defense stock. Show all posts
Showing posts with label defense stock. Show all posts

Wednesday, February 10, 2010

Investoridea.com and Homelanddefensesstocks.com New Defense Stock Profile Featured for United Protection Security Group Inc. (TXS.V: UZZ)

Investorideas.com and Homelanddefensesstocks.com New Defense Stock Profile Featured for United Protection Security Group Inc. (TXS.V: UZZ)

Point Roberts WA, Delta B.C., February 10 , 2010 - www.InvestorIdeas.com and its leading defense investor portals www.Homelanddefensestocks.com and www.nationalhomelandsecurityknowledgebase.com announce new featured showcase defense stock United Protection Security Group Inc. (TXS.V:UZZ).


United Protection Security Group Inc. (TXS.V:UZZ) is an established security protection company; focused on high impact, high visibility, and high risk security situations, coupled with one of the broadest ranges of traditional private security services in the industry.



Investors can view the full company profile for United Protection Security Group Inc. (TXS.V: UZZ) at http://www.investorideas.com/CO/UZZ/

Or visit the company website at http://www.unitedprotection.com/index.html.



Learn more about becoming a Homeland Security and Defence Stock Featured Company.

http://www.investorideas.com/Investors/Defense_Stocks_Awareness.asp



About Homelanddefensestocks.com- HomelandDefenseStocks.com Portal is a global meeting place for investors and industry following defense and security, within Investorideas.com. Global visitors use the site daily to research the latest news, articles, audio, research reports and stock directories.



Homeland Security and Defense Stocks directory:

Global Defense and Homeland Security Stocks Directory features publicly traded defense stocks listed on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading global Stock Exchanges. The directory, in PDF format, includes Homeland Security Stocks, Aerospace and Defense Stocks, Biodefense Stocks, Security Stocks, Energy Security Stocks and Infrastructure Stocks with hyperlinks to stocks symbol(s), company's URL and company's description. For defense stocks followers, this is one of the most comprehensive global stock directories available to investors.

http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp



About InvestorIdeas.com:

InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, the Middle East and Australia.

Become an InvestorIdeas.com member and access all of our10 stock directories by login. -Learn more: http://www.investorideas.com/membership/

Join our Campaign for 2010- One million members stronger…





Disclaimer: The following company profile is a paid for submission. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.

For Additional Information:

Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source – Investorideas.com

Wednesday, May 13, 2009

Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results

Defense Company - Optex Systems Holdings, Inc (OTC BB: OPXS)Reports Fiscal Second Quarter Financial Results

RICHARDSON, TX -- May 13, 2009 -- Optex Systems Holdings, Inc. (Optex) (OTC BB: OPXS.OB), a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, today announced financial results for the Company's fiscal second quarter ended March 29, 2009.

For the quarter ended March 29, 2009, the Company recorded increased revenues of $6,708,286, as compared to revenues during the same period one year ago of $5,628,115, an increase of approximately 19.6%. This increase in revenue was primarily due to improved order flow from its primary customers, including the U.S. Government.

During the quarter ended March 29, 2009, the Company recorded cost of goods sold of $6,151,915 compared to $5,026,005 during the quarter ended March 30, 2008, an increase of $1.2 million or 24.0%. This increase in cost of goods sold was primarily due to increased revenue on its periscope lines in support of higher backlog and accelerated delivery schedules, in addition to increased intangible amortization associated with the acquisition of the assets of Optex Systems, Inc. (Texas) from Irvine Sensors Corp. on October 14, 2008. The gross margin during the quarter ended March 29, 2009 was 8.3% of revenues as compared to a gross margin of 10.7% during the quarter ended March 30, 2008. Product gross margins are substantially improved over the prior year quarter due to changes in revenue mix combined with significant labor cost efficiency improvements, however this margin increase is offset by higher non-cash intangible amortization attributable to costs of goods sold of approximately $400,000 or 5.3% of revenues in the quarter resulting in the decrease. Excluding the non-cash intangible amortization, gross margins for the quarter ended March 29, 2009 would have increased to 13.6%.

The company recorded a loss before other expenses and taxes of $(148,624) compared to a loss before other expenses and taxes of $(628,526) during the year ago period, an improvement of 83%. This reduced loss before other expenses and taxes was primarily due to increased sales revenue in the quarter combined with reductions in general and administrative expenses driven by the elimination of Irvine Sensors corporate costs and associated overhead.

Net loss for the quarter was of $(326,545) compared to $(678,389) during the year ago period, an improvement of over 51%. This decrease in net loss was principally the result of a reduction in operating expenses related to the elimination of Irvine Sensors corporate costs and associated overhead in the three months ended March 30, 2008, combined with increased revenue during the quarter. Excluding the impact of the increased intangible expenses of $400,000 the Company would have recorded net income of $70,000 for the three months ended March 29, 2009. Loss before taxes was $(239,881) against loss before taxes of $(678,389) last year. Basic and diluted loss per share was $0.00 against $0.00 versus the same period last year. The company reported operational net cash flow of $447,572 as compared to $328,458 during the year ago period, a 36% increase. As of March 29, 2009, the Company had cash and cash equivalents of $1.2 million.

Danny Schoening, COO of Optex Systems, commented, "We are pleased to report record results for the first time as a publicly-traded company for our fiscal second quarter in 2009. Optex enjoys a solid business model built on consistent order flow from the U.S. Government and other key customers. During the quarter we were able to grow revenues nearly 20% year over year as a result of ramped up production and accelerated shipments to existing customers." Mr. Schoening continued, "It is also important to note we made significant strides in improving our productivity during the quarter. These efforts resulted in a 27% increase in product gross margins during the quarter, excluding the amortization of non-cash intangible items."


ABOUT OPTEX SYSTEMS

Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.

Safe Harbor Statement

This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.

The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.

Contact:

Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact

Source: Optex Systems

Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/

Disclaimer/Discloscure: click here

Research Global Defense stocks with the defense stocks directory: click here

Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here



Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

Monday, May 11, 2009

Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million

Optex Systems (OTC BB: OPXS.OB) Awarded Multi Million Dollar U.S. Army Contract, Laser Protected Periscope Contract Could Reach $7.5 Million

RICHARDSON, TX -- May 11, 2009 -- Optex Systems (Optex) (OTC BB: OPXS.OB), a wholly owned subsidiary of Optex Systems Holdings, Inc., a leading manufacturer of optical sighting systems and assemblies primarily for Department of Defense applications, announced today it has been awarded a multi-year contract and first delivery order from the U.S. Army's Tank-Automotive and Armaments Command (TACOM) division, which, if all delivery orders are awarded, could be valued at approximately $7.5 million. Under terms of the agreement, Optex Systems will deliver a range of technologically advanced laser protected periscopes.

The U.S. Army's TACOM division is one of the Army's largest weapon systems research, development, and sustainment organizations. Their mission is to provide and sustain mobility, lethality, and survivability for soldiers, other services, and our Allies through ground combat, automotive, marine and armaments technologies. With a workforce of over 18,000 worldwide, TACOM supports over 3,500 fielded systems and over 29,000 components that make those systems work. Specifically, TACOM's Rock Island's office, through which the award was granted, is responsible for the entire life cycle support of aircraft armament, small arms, field artillery, mortars, tools and training systems, tactical vehicles, light and heavy combat vehicles, watercraft, soldier/biological/chemical systems and deployment/support equipment.

Danny Schoening, COO of Optex Systems, commented, "Our entire organization is very excited about being awarded this multi-year contract by the U.S. Army's TACOM division. It's a testament to our dedication of providing superior mission critical components for the men and women in uniform who perform their jobs at the highest level of dependability and survivability." Mr. Schoening continued, "We have fulfilled the first phase of the order and have begun shipment of various types of our laser protected periscopes to TACOM. We look forward to further developing our relationship with TACOM."

ABOUT OPTEX SYSTEMS

Optex, which was founded in 1987, is a Richardson, Texas-based ISO 9001:2008 certified concern, which manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Advanced Security Vehicles and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors. For additional information, please visit the Company's website at www.optexsys.com.

Safe Harbor Statement

This Press Release and other written reports and oral statements made from time to time by the Company may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. You can identify these forward-looking statements by their use of words such as "expects," "plans," "will," "estimates," "forecasts," "projects" and other words of similar meaning. You can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address the Company's growth strategy, financial results and product and development programs. You must carefully consider any such statement and should understand that many factors could cause actual results to differ from the Company's forward-looking statements. These factors include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially.

The Company does not assume the obligation to update any forward-looking statement. You should carefully evaluate such statements in light of factors described in the Company's filings with the SEC, especially on Forms 10-K, 10-Q and 8-K. In various filings the Company has identified important factors that could cause actual results to differ from expected or historic results. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete list of all potential risks or uncertainties.

Contact:

Howard Gostfrand
American Capital Ventures
(p) 305.918.7000
(e) Email Contact

Optex Systems Holdings Inc. (OTCBB:OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/

Disclaimer/Discloscure: click here

Research Global Defense stocks with the defense stocks directory: click here

Visit Optex Systems Holdings Inc. (OTCBB:OPXS) Company Profile click here





Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

Tuesday, May 5, 2009

Defense Stock Company Profile for Optex Systems Holdings, Inc. (OTCBB: OPXS)

Defense Stock Company Profile for Optex Systems Holdings, Inc. (OTCBB: OPXS)

Point Roberts May 5, 2009 - http://www.investorideas.com/ and its leading defense stocks investor portal, Homelanddefensestocks.com, add Optex Systems Holdings, Inc. (OTCBB: OPXS) to its directory of company profiles by industry sectors.

Optex Systems Holdings, Inc., (OTCBB:OPXS ) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems(FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.

Current customers include General Dynamics (NYSE: GD), Northrop Grumman Corporation (NYSE:NOC) and Raytheon Company (NYSE: RTN).

Read the full company profile:
Visit Optex Systems Holdings, Inc. (OTCBB: OPXS) Company Profile: http://www.investorideas.com/CO/OPTEX/

The company profiles consist of the company name, logo, contact info , sector, executive summary, products and services summary, key executives, keywords, and if publicly traded- stock symbol and exchange.

Optex Systems Holdings, Inc. (OTCBB: OPXS) is a featured defense stock and showcase company on Investor Ideas defense investor portals, Homelandefensestocks.com, BorderandPortsecurity.com and http://www.nationalhomelandsecurityknowledgebase.com/

Submit company profiles: http://www.investorideas.com/Profile/Submission.asp
Directory: http://www.investorideas.com/Profile/


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Disclaimer: The following company profile is a paid for submission. Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

For Additional Information:
Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com
Source – Investorideas.com
Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp

Friday, May 1, 2009

New Defense stock listed on Investorideas.com -Optex Systems Holdings, Inc, (OTCBB:OPXS)

Optex Systems Holdings, Inc, (OTCBB:OPXS) through its wholly-owned subsidiary, Optex Systems, Inc. manufactures optical sighting systems and assemblies primarily for Department of Defense (DOD) applications. Its products are installed on a majority of types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles and have been selected for installation on the Future Combat Systems(FCS) Stryker vehicle. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.
Current customers include General Dynamics (NYSE: GD), Northrop Grumman Corporation (NYSE:NOC) and Raytheon Company (NYSE: RTN)

read company profile -
http://www.investorideas.com/CO/OPTEX/
Disclaimer - disclosure -
http://www.investorideas.com/About/Disclaimer.asp





Research defense stocks with the global defense stocks directory at Investorideas.com
click here:
http://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp