Why These Defense Stocks Are Gaining This Week

6. Optex Systems Holdings, Inc (NASDAQ:OPXS)

Weekly Gains: 7.20%

Optex Systems Holdings, Inc (NASDAQ:OPXS) provides optical sighting systems and assemblies for the US Department of Defense, foreign military applications, and commercial markets. It is among the defense stocks that are gaining this week.

Shares have risen by 7.20% over the past week after Optex Systems Holdings, Inc (NASDAQ:OPXS) announced a $4.2 million contract award from BAE Systems for laser-protected periscopes and optical sighting systems to enhance the mission capability of the Bradley Fighting Vehicle fielded by the US military.

Optex Systems Holdings, Inc (NASDAQ:OPXS) is a trusted partner of the US military, and this recent award reaffirms the company’s commitment to advancing military optical technologies for improved protection and situational awareness on the battlefield.