HAWTHORNE, Calif. - OSI Systems , Inc. (NASDAQ:OSIS), a provider of specialized electronic systems for security and inspection, has been awarded a contract worth around $100 million. The deal, announced today, involves supplying cargo and vehicle inspection systems internationally, along with maintenance services and training.
The company's Security division, recognized for delivering security solutions globally, will be executing the contract. OSI Systems' Chairman and CEO, Deepak Chopra, stated that the contract reflects the trust that their partners place in their technology and customer service. He emphasized the company's commitment to enhancing national safety and security through their advanced inspection systems.
OSI Systems has over four decades of experience in electronics engineering and manufacturing. It operates offices and production facilities across multiple countries, focusing on expanding its reach in selective markets within the homeland security, healthcare, defense, and aerospace industries.
The contract award is a significant event for OSI Systems, signaling continued growth in its security solutions sector. The company did not disclose the specifics about the international partner or the exact nature and quantity of systems to be provided.
This news is based on a press release statement.
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