SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934

October 18, 1999
(Date of Report, date of earliest event reported)

COMPX INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)

Delaware                    1-13905               57-0981653
(State or other                (Commission           (IRS Employer
jurisdiction of                File Number)          Identification
incorporation)                                           No.)

16825 Northchase Drive, Suite 1200, Houston, Texas 77060
(Address of principal executive offices) (Zip Code)

(281) 423-3377
(Registrant's telephone number, including area code)

(Former name or address, if changed since last report)

Item 5:        Other Events

On October 18, 1999, the registrant,  CompX  International Inc., issued the
press release attached hereto as Exhibit 99.1,  which is incorporated  herein by
reference.

Item 7:  Financial Statements, Pro Forma Financial Information and Exhibits

(c)  Exhibit

Item No.      Exhibit Index
----------    ------------------------------------------

99.1          Press release dated October 18, 1999 issued by CompX
International Inc.

SIGNATURES

Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

COMPX INTERNATIONAL INC.
(Registrant)

By:    /s/ Andrew Louis
------------------------
Andrew Louis,
Secretary

Date:  October 18, 1999

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PRESS RELEASE

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FOR IMMEDIATE RELEASE:                            CONTACT:

CompX International Inc.                          John A. Miller
16825 Northchase Drive                            Chief Financial Officer
Houston, Texas 77060                              Tel.  281-423-3391

COMPX REPORTS INCREASED SALES AND OPERATING INCOME

HOUSTON, TEXAS . . . October 18, 1999 . . . CompX International Inc. (NYSE:
CIX)  announced  its third  quarter  1999  operating  results and reported a 44%
increase in sales and an 11% increase in operating  income from the same quarter
a year ago. Net sales  increased to $55.9  million in the third  quarter of 1999
compared  to $38.7  million  in the  third  quarter  of 1998.  Operating  income
increased to $9.4 million in the third  quarter of 1999 compared to $8.5 million
in the third  quarter  of 1998.  For the first  nine  months of 1999,  net sales
increased  50% to $166.1  million and  operating  income  increased 18% to $28.7
million.  The percentage  increase in operating income for the first nine months
of 1999 has been  adjusted to exclude a $3.3  million  non-recurring  charge for
stock awarded in connection with the Company's  initial public offering in March
1998.  Net  income in the third  quarter of 1999 was $6.1  million,  or $.38 per
diluted share, compared to net income of $6.0 million, or $.37 per diluted share
for the same quarter a year ago. The $.37 per share amount for the third quarter
1998 included $.02 per share of net interest  income  compared to $.01 per share
of net interest expense for the third quarter 1999.

The  increase in net sales for the third  quarter  versus a year ago is due
primarily to the  acquisitions of Timberline Lock and Thomas Regout (acquired in
November  1998 and January  1999,  respectively)  and  increased  demand for the
Company's office furniture products. Excluding the effect of these acquisitions,
slide and ergonomics net sales increased 13% in the third quarter of 1999 versus
a year ago, and security products net sales increased 3% in the third quarter of
1999 versus a year ago.

"Late in the  third  quarter  of 1999 the U.S.  office  furniture  industry
growth rates began to improve and CompX  experienced  renewed growth in sales of
our office  furniture  products.  We also continued our trend of sales growth in
non-office   furniture   industry   segments,   especially   the   computer  and
transportation  industry  segments,"  said Joseph S.  Compofelice,  Chairman and
Chief  Executive  Officer.  Mr. Compofelice  also stated,  "While we have yet to
experience any increase in office  furniture  industry demand in Europe,  we are
cautiously optimistic about growth in Europe in 2000."

The previously announced acquisition of the Dynaslide products business of
Yinjoy Corporation and certain of its affiliates,  is proceeding on schedule and
is expected to close in November.

CompX is a leading  manufacturer  of ergonomic  computer  support  systems,
precision ball bearing slides and security
products.

Statements  in this  release  relating to matters  that are not  historical
facts  are   forward-looking   statements  based  on  management's   belief  and
assumptions using currently available information. Although the Company believes
the expectations reflected in such forward-looking statements are reasonable, it
cannot give any  assurances  that these  expectations  will prove to be correct.
Such statements,  by their nature,  involve a number of risks and  uncertainties
that could  significantly  impact  expected  results,  and actual future results
could differ materially from those described in such forward-looking statements.
Among the factors that could cause actual  future  results to differ  materially
include,  but are not limited to,  general  economic and  political  conditions,
demand for office furniture,  service industry  employment  levels,  competitive
products  and  prices,  the  introduction  of  tariff  or  non-tariff  barriers,
potential   difficulties  in  integrating   completed   acquisitions,   possible
disruptions  of normal  business  activity from Year 2000 issues and other risks
and  uncertainties  detailed in the Company's  Security and Exchange  Commission
filings.  Should one or more of these risks  materialize (or the consequences of
such  a  development  worsen),  or  should  the  underlying   assumptions  prove
incorrect,  actual  results  could  differ  materially  from those  forecast  or
expected.  The Company  disclaims  any duty to publicly  update such  statements
whether as a result of new information, future events or otherwise.

* * * * * *

COMPX INTERNATIONAL INC. SUMMARY OF CONSOLIDATED OPERATIONS

(In millions, except per share amounts)
(Unaudited)

Three months ended     Nine months ended
September 30,         September 30,
----------------      ------------------

1998        1999        1998        1999
----        ----        ----        ----

Total net sales           $ 38.7        $ 55.9    $ 110.5    $ 166.1

Cost of sales               26.0          40.4       74.0      118.6

Gross profit                12.7          15.5       36.5       47.5

Selling, general and
administrative               4.2           6.1   (A) 15.5       18.8

Operating income             8.5           9.4       21.0       28.7

Interest expense              .1            .4        1.0        1.2

Other income, net             .8            .5        2.4         .6

Income before income taxes   9.2           9.5       22.4       28.1

Income tax expense           3.3           3.4        8.3       10.1

5.9           6.1       14.1       18.0

Minority interest             .1             -         .1         .1

Net income                  $6.0          $6.1      $14.2      $18.1

Net income per diluted
common share               $0.37         $0.38      $0.97      $1.12

Weighted average diluted
common shares
outstanding                 16.2          16.1       14.7       16.1

(A) Selling,  general and administrative  expense for the nine months ended
September 30,   1998   includes  a  $3.3  million   ($2.3   million   after-tax)
non-recurring charge for stock awarded to key individuals in connection with the
Company's  initial  public  offering.  Adjusted to give effect to the  Company's
initial public  offering as if it had occurred on January 1, 1998 and to exclude
the  non-recurring  stock award  charge  discussed  above,  net income was $16.5
million and net income per diluted common share was $1.02 on 16.2 million shares
outstanding for the nine months ended September 30, 1998.