OSI Systems Wins $27 Million Contract for Advanced Security Solutions

OSI Systems Secures Major Order for Security Solutions

OSI Systems, Inc. (NASDAQ: OSIS) is thrilled to announce a significant milestone in its operations. The company has received an order worth approximately $27 million for a comprehensive suite of airport security solutions. This order reflects OSI's commitment to delivering cutting-edge security technology to international customers.

Comprehensive Security Offerings

This substantial order encompasses a variety of advanced screening technologies, specifically designed to enhance the safety and efficiency of airport operations. Among the critical systems included in this order are the RTT 110, which is a Real Time Tomography explosive detection system specifically crafted for hold baggage screening. Additionally, the esteemed Orion 920CT checkpoint screening system is included, featuring advanced Computed Tomography capabilities and integrated with the innovative Rapiscan TRS™ (Tray Return System) to facilitate the inspection of carry-on items effectively.

Moreover, the contract includes the Orion 928DX system, engineered for meticulous screening of air cargo and pallets, as well as the Itemiser 5X that specializes in detecting trace amounts of explosives and narcotics. These components underscore OSI Systems' robust portfolio in aviation security and enhance its reputation as a leader in the industry.

Leadership Insights on Recent Contract

Ajay Mehra, President and CEO of OSI Systems, expressed enthusiasm regarding this new contract. He stated, "We are excited to receive this award. Our broad portfolio of aviation security products gives customers tremendous flexibility to optimize their security infrastructure and meet critical international airport security standards utilizing our latest technologies." This highlights not only the organization's capability but also its commitment to meeting the evolving needs of its customers in the security sector.

About OSI Systems

Operating for over 40 years, OSI Systems is recognized as a leader in designing and manufacturing specialized electronic systems and components crucial for key sectors including homeland security, healthcare, defense, and aerospace. The company utilizes a vertically integrated approach with production facilities and offices across numerous countries, facilitating a strategic expansion into select end-product markets. Their dedication to providing advanced technological solutions underpins their growth and success in these critical industries.

For more information about OSI Systems and its subsidiary companies, interested parties can visit their official website at www.osi-systems.com. This portal offers insights into their various offerings and strategic initiatives, showcasing why OSI Systems remains at the forefront of the electronic systems industry.

Frequently Asked Questions

What is the value of the order OSI Systems received?

OSI Systems received an order valued at approximately $27 million for airport security solutions.

What types of systems are included in this order?

The order includes the RTT 110, Orion 920CT, Orion 928DX, and Itemiser 5X systems, all designed for various screening purposes.

Who is the CEO of OSI Systems?

Ajay Mehra is the President and CEO of OSI Systems and is actively involved in the company's strategic directions.

What industries does OSI Systems serve?

OSI Systems serves several industries, including homeland security, healthcare, defense, and aerospace.

How long has OSI Systems been in operation?

OSI Systems has been operating for over 40 years in the design and manufacturing of electronic systems and components.

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