UPDATE: OSI Systems Awarded Approximately $98 Million Order from U.S. Army for Entry Control Points
OSI Systems, Inc. (NASDAQ: OSIS), today announced that its Security division, Rapiscan Systems, has been awarded an approximately $98 million order from the U.S. Army for a range of surveillance and screening equipment for Entry Control Point Non-Intrusive Inspection requirements. Rapiscan will serve as the prime contractor and a hardware systems integrator to help fulfill the U.S. Army's global security needs.
The delivery order stems from a three-year, multi-award, Indefinite Delivery, Indefinite Quantity contract valued at $248 million for all delivery orders awarded to Rapiscan and six other companies earlier this year by the U.S. Army.
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