Develop and manufacture optic and electro-optic products to the defense-military market
RP Optical proved in 2025 that demand, backlog, and balance-sheet strength are real, but the core test has now shifted to the quality of growth: collections, working capital, and cleaner operating profit.
The Radomatics acquisition was booked mainly as future value rather than day-one balance-sheet substance: only 14.6% of the deal sits on net tangible assets, while the rest rests on customer relationships, technology and goodwill.
RP Optical’s 2025 growth is real, but cash quality weakened because receivables grew much faster than revenue and earnings, leaving a larger share of profit outside the treasury.
