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Stock impact report

OSI Systems Receives $25 Million Order From U.S. CBP for Service and Maintenance of Inspection Systems

OSI Systems, Inc. (OSIS) 
Last osi systems, inc. earnings: 4/30 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.osi-systems.com
Company Research Source: Business Wire
HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) announced today that its Security division was awarded an order valued at approximately $25 million for service and maintenance, including logistics, parts and program management of its cargo, vehicle, and parcel inspection systems. This order was issued under the five-year $140 million indefinite delivery, indefinite quantity (IDIQ) contract that the Company received from the United States Customs and Border Protection (“U.S. CBP”) in June 2018.“We are pleased to receive this follow-on delivery order in support of U.S. CBP’s mission and to help ensure that U.S. cargo, vehicle, and parcel inspection systems continue to operate at peak performance,” said OSI Systems’ Chairman and CEO, Deepak Chopra.About OSI SystemsOSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, hea Show less Read more
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