OSI Systems Awarded Contracts Valued at $15 Million for Cargo and Vehicle Inspection Systems
HAWTHORNE, Calif.--(BUSINESS WIRE)--Dec. 12, 2019-- OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded contracts collectively valued at approximately $15 million by an international port authority to provide multiple units of the Company’s Rapiscan® Eagle® P60 high-energy X-ray cargo and vehicle inspection systems. The Company is expected to construct civil works to support the installation of the systems as well as provide training and follow on maintenance and support.
OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive this award and look forward to helping this customer deploy our Eagle P60 cargo inspection platform designed to enhance security at port and border checkpoints.”
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.
OSI Systems, Inc.
Ajay Vashishat
Vice President, Business Development
310-349-2237
avashishat@osi-systems.com
