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 and cargo inspection systems. The multi-year contract is valued at approximately $28 million.
OSI Systems’ Chairman and CEO, Deepak Chopra, commented, “We are excited to receive this service award and look forward to supporting the end user customer’s mission of providing safety and security for critical infrastructure.”
About OSI Systems
OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com
