Precision Optics announces receipt of $1.26M follow on production order

Precision Optics Corporation announced the receipt of a follow-on production order totaling approximately $1.25 million from a major U.S. defense contractor, to meet continued demand for a highly complex optical assembly developed by Precision Optics. Approximately half of the order is expected to be delivered in the next 6 months, with the remainder to be delivered over the following 6 to 12 months. “We are excited to have received yet another sizeable follow-on production order from this leading U.S. defense contractor,” commented Dr. Joe Forkey, CEO of Precision Optics. “This order comes immediately on the heels of us completing a 15-month production order for the same unique assembly, allowing our team to maintain a high level of continuity with the program and realize manufacturing efficiencies. We look forward to a continued strong relationship with this customer for years to come.”