Item 7.01. Regulation FD Disclosure.

On September 21, 2009, Optex Systems, Inc. ("Optex"), a Texas corporation and a wholly-owned subsidiary of Irvine Sensors Corporation (the "Company"), filed a voluntary petition for relief under chapter 7 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of California. As previously disclosed, the assets of Optex were sold in October 2008 pursuant to a UCC public foreclosure sale to a Delaware corporation controlled by the Company's senior lenders, and Optex has not conducted any operations since that time.

As previously reported, in connection with the jury verdict awarding Timothy Looney liquidated damages of $105,000 in one of his lawsuits against the Company, the Company disclosed that it may also be liable for Mr. Looney's legal expenses. On September 15, 2009, a court order was issued awarding Mr. Looney $834,275 in attorneys' fees. The Company currently plans to file post trial motions and/or an appeal to overturn the jury's verdict and the related attorneys' fees award.

The information contained in this report is being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that Section, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.