OSI Systems Awarded $63 Million Contract for Multiple Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract for approximately $63 million to provide cargo and vehicle inspection systems, including installation, operator training, and multi-year maintenance service for an international customer. Multiple systems are expected be deployed to screen occupied passenger vehicles, buses, and trucks to help secure critical national infrastructure.
“We are pleased to support the customer with advanced technology from our Rapiscan® Systems and AS&E® cargo and vehicle inspection product portfolio,” said OSI Systems’ Chairman and CEO, Deepak Chopra. “We have a long history of successful cargo installations utilizing transmission and Z Backscatter® X-ray detection technologies for inspecting dense cargo as well as passenger vehicles.” The Company did not disclose further details, citing end-user confidentiality obligations.
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 any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
