Osi Systems

OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems
Sensors, Monitors & Transducers

OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--Apr. 8, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received a follow-on order for approximately $10 million to provide additional units of its RTT® 110 (Real Time Tomography) explosive detection system, related maintenance, and spares support. These systems are expected to...

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OSI Systems' CT Inspection System Selected for Biosecurity Risk Detection in Australia
Health, Medical, & Dental Supplies and Equipment

OSI Systems' CT Inspection System Selected for Biosecurity Risk Detection in Australia

Hawthorne, Calif. -- (Business Wire) -- Jan. 7, 2019 -- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Rapiscan RTT®110 CT inspection system has recently been selected by the Australian government to identify contraband biosecurity materials entering the country inside passenger baggage, mail, and cargo. The Australian government is...

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OSI Systems Receives $10 Million Order for ZBV® Mobile Cargo and Vehicle Screening Systems
Agricultural & Farming Products

OSI Systems Receives $10 Million Order for ZBV® Mobile Cargo and Vehicle Screening Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order valued at approximately $10 million for multiple units of its ZBV® mobile cargo and vehicle screening system, which are expected to be deployed overseas by a U.S. government customer. OSI Systems’ Chairman and CEO, Deepak...

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Test & Measurement

OSI Systems Receives First Order for Rapiscan 920CT Checkpoint Inspection Solution

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received a contract to provide its Rapiscan® 920CT checkpoint system with an integrated Tray Return System (TRS™), Metor® 6S High Sensitivity Metal Detector and Itemiser® 4DX Explosive Trace Detection systems for Avalon Airport near...

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OSI Systems Facilitates Significant Drug Seizure in Albania
Safety & Security Equipment

OSI Systems Facilitates Significant Drug Seizure in Albania

HAWTHORNE, Calif. March 8, 2018 - OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that Albanian Customs and State Police, facilitated by the OSI Systems’ turnkey scanning program, seized 1,350 pounds of cocaine being smuggled into Albania. The narcotics were hidden in a false floor of a produce shipment, and were detected by Rapiscan Eagle® scanning...

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Computer Hardware & Peripherals

OSI Systems Receives $21 Million Order for RTT® Hold Baggage Screening Systems

HAWTHORNE, Calif.- OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division received a follow-on order for approximately $21 million to provide multiple additional units of its RTT® 110 (Real Time Tomography) explosive detection systems that will be installed at Charles de Gaulle international airport located near Paris, France. OSI...

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Safety & Security Equipment

OSI Systems Awarded U.S. Customs and Border Protection IDIQ Contract Valued up to $64 million for Z Portal Cargo and Vehicle Screening Systems

First Delivery Order Received for $35 Million for Homeland Security Applications HAWTHORNE, Calif., Oct. 24, 2016Â- - OSI Systems, Inc. (NASDAQ:OSIS) today announced that its recently acquired business, American Science and Engineering, Inc. (ASE), has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract from U.S. Customs and Border Protection (CBP) for Z Portal®...

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Safety & Security Equipment

OSI Systems Awarded U.S. Customs and Border Protection IDIQ Contract Valued up to $76 Million for ZBV Cargo and Vehicle Screening Systems

Delivery Order Received for $10 Million for Systems to Be Used at Security Checkpoints HAWTHORNE, Calif. - OSI Systems, Inc. (NASDAQ:OSIS) today announced that its recently acquired business, American Science and Engineering, Inc. (ASE), has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract from U.S. Customs and Border Protection (CBP) for ZBV® cargo and vehicle...

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Safety & Security Equipment

OSI Systems Awarded $8 Million Contract for RTT Explosive Detection Systems

HAWTHORNE, Calif.- OSI Systems, Inc. (NASDAQ:OSIS) today announced that its security division, Rapiscan Systems, has been awarded a contract valued at approximately $8 million from a major international airport to provide multiple units of Rapiscan Systems' RTT™ 110 (Real Time Tomography) explosives detection system (EDS). Deepak Chopra, OSI Systems CEO, commented: We are proud of our...

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Computer Hardware & Peripherals

OSI Systems Receives Orders for $9 Million for Security Inspection Systems

HAWTHORNE, Calif. - OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Security division, Rapiscan Systems, received two orders from an international customer totaling approximately $9 million for multiple units of Eagle® Cargo and Vehicle Inspection (CVI) systems; 600 series Baggage and Parcel Inspection (BPI) systems; Metor people screening systems; and related services and...

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Company News

OSI Systems Receives $6 Million Order for Patient Monitoring Solutions

HAWTHORNE, Calif.--(BUSINESS WIRE)--Aug. 7, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs® Healthcare (“Spacelabs”), received an order valued at approximately $6 million to provide patient monitoring solutions, telemetry, related accessories, and training to a U.S. hospital. “We look forward to...

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Company News

OSI Systems Receives $10 Million in Orders for Patient Monitoring Systems and Accessories

HAWTHORNE, Calif.--(BUSINESS WIRE)--Jul. 24, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs® Healthcare (“Spacelabs”), received orders valued at approximately $10 million to provide patient monitoring solutions and related accessories to a U.S. hospital. Spacelabs will provide central stations,...

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Company News

OSI Systems Receives $25 Million Order from U.S. CBP for Service and Maintenance of Inspection Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--Jul. 22, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) announced today that its Security division was awarded an order valued at approximately $25 million for service and maintenance, including logistics, parts and program management of its cargo, vehicle, and parcel inspection systems. This order was issued under the...

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Company News

OSI Systems Awarded $8 Million Contract for Cargo and Vehicle Inspection Systems

Hawthorne, Calif.--(Business Wire)--Jul. 17, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $8 million by a U.S. government customer to provide cargo and vehicle inspection systems. OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive...

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Company News

OSI Systems Receives $8 Million Order to Provide Patient Monitoring Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--Jul. 8, 2019-- OSI Systems, Inc. (NASDAQ: OSIS) today announced that its Healthcare division, Spacelabs® Healthcare (“Spacelabs”), received an approximate $8 million order to provide its patient monitoring systems to upgrade the women’s health and pediatric care facilities of a U.S. hospital network. “We are excited to receive this order and look...

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Company News

OSI Systems Awarded Service Contract Valued at up to $5 Million for Checkpoint Inspection Systems

HAWTHORNE, CA. – June 3, 2019 – OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a multi-year U.S. state contract, valued at up to approximately $5 million, to provide comprehensive service and maintenance support for Rapiscan® baggage and parcel checkpoint inspection systems installed at correctional...

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Company News

OSI Systems Awarded $28 Million Three-Year Service Contract for Security Inspection Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division has been awarded a contract from U.S.-based prime contractor, Huntington Ingalls Industries (NYSE: HII), to provide service maintenance, training, sustaining engineering and logistic support for multiple platforms of Rapiscan® baggage, parcel...

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Company News

OSI Systems Amends Credit Facility

Upsizes facility to $535 million Lowers borrowing costs Increases operational and financial flexibility Extends maturity to 2024 Hawthorne, Calif., April 23, 2019 — OSI Systems, Inc. (NASDAQ: OSIS) (the “Company” or “OSI Systems”) today announced that it has entered into an amendment to its senior secured credit facility that increases the amount available to borrow to $535 million,...

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OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems
Sensors, Monitors & Transducers

OSI Systems Receives $10 Million Order for RTT® Hold Baggage Screening Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--Apr. 8, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received a follow-on order for approximately $10 million to provide additional units of its RTT® 110 (Real Time Tomography) explosive detection system, related maintenance, and spares support. These systems are expected to...

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Company News

OSI Systems Awarded $4 Million Contract to Provide Explosives and Narcotics Trace Detection Systems

HAWTHORNE, CA. – March 18, 2019 – OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $4 million by an international airport to provide multiple units of its Itemiser® 4DX explosives and narcotics detection system and follow-on service and spare parts support. OSI Systems’...

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