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Optex Systems Buys Applied Optics Center From L-3; Merrick Okamoto Comments


acquisitionOptex Systems Holdings has closed its acquisition of laser protection filter business Applied Optics Center from L-3 Communications (NYSE: LLL) for an undisclosed amount.

Applied Optics Center was formerly a division of L-3’s warrior systems sector within the electronics systems business unit, Optex said Nov. 4.

“We are excited this acquisition will provide new growth opportunities and a new commercial optical coating vertical which will reduce our dependence on defense related contracts, ” said Merrick Okamoto, Optex’s chairman.

Applied Optics Center manufactures laser protection filters and related products for the U.S. Army.

Richardson, Texas-based Optex Systems develops optical sighting systems and assemblies for the Defense Department.

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