Optex Systems Chief Financial Officer Karen Hawkins will resign from her position effective December 31, 2026. The company disclosed the departure of its top financial executive in a regulatory filing, marking a significant change in its leadership structure.

The filing submitted to the US Securities and Exchange Commission confirmed the effective date of the resignation. Optex Systems did not provide a specific reason for Hawkins's departure in the document. The company also did not announce a successor or outline the transition plan for the CFO role.

The resignation concludes Hawkins's tenure as the financial head of the organization. The filing serves as the official notification to shareholders and regulators regarding the impending vacancy in the C-suite.

Optex Systems has not yet detailed how it intends to manage the financial oversight responsibilities following the departure date. Investors will likely look for further updates regarding the appointment of a new Chief Financial Officer or an interim arrangement to ensure continuity in financial reporting and controls.

Optex Systems Holdings, Inc. has secured a $1.25M contract from the U.S. Government to support Night Vision Goggle systems. Deliveries under this agreement are scheduled to begin in Q3 of fiscal calendar 2027 and continue through Q1 of fiscal 2028. This award increases the company's current backlog to over $32.5 million.

Bill Bates, GM, AOC, attributed the new order to the company's performance. He stated that the order is another delivery order release against a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Government. Bates noted that excellent delivery and quality performance against the program has been a key factor in securing new releases.

Contract Details

The contract supports Night Vision Goggle systems for military and commercial applications. The following table outlines the key financial and scheduling details of the agreement: