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OSI Systems
OSIS today announced that its security
division, Rapiscan Systems, provided an update on the delivery order
recently terminated by the U.S. Transportation Security Administration
(TSA). The Company believes the termination resulted from Rapiscan's use
of an upgraded component in the AT-2 detection systems. While the
component change was vetted by Rapiscan's internal quality assurance, it
did not meet the contractual requirement of obtaining TSA's approval in
advance. When Rapiscan leadership discovered the error, they proactively
informed TSA of the configuration change, the related procedural lapse
and proposed a course for corrective action.
OSI Systems Chief Executive Officer, Deepak Chopra, commented, “The
referenced component is the X-ray generator, an electrical component
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