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Stock impact report

OSI Systems Receives $42 Million Airport Security Systems Contract

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) today announced that its Security division was awarded a contract from an international airport for approximately $42 million to provide a range of checkpoint and hold baggage screening solutions. Among the systems to be included are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion® 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan TRS™ (Tray Return System) for inspecting carry-on items, and the 935DX large tunnel systems for screening air cargo and pallets. Additionally, as part of this contract, OSI Systems is also responsible for comprehensive multi-year maintenance, service, and support.OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We're pleased to have received this large aviation order and are excited about supplying our long-standing customer with our leading security products. These Show less Read more
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