Market Overview

OSI Systems Receives $15 Million Contract from U.S. Federal Agency

OSI Systems (NASDAQ: OSIS), a vertically-integrated provider of specialized electronics and services, today announced that its Security division, Rapiscan Systems, has received a contract valued at up to approximately $15 million from a critical U.S. government agency to provide multiple units of its people screening and baggage and parcel inspection systems, including the Rapiscan 600 series X-ray based baggage inspection systems.

OSI Systems President and CEO, Deepak Chopra, commented: “We take pride in offering our customers the ability to select from a wide range of inspection systems to protect people and infrastructure.”

Posted-In: News Contracts

 

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