OSI Systems Receives Approximate $12 Million Order from U.S. Transportation Security Administration to Upgrade Aviation Secur...
07 September 2011 - 10:00PM
Business Wire
OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated
provider of specialized electronics and services, today announced
that its Security division, Rapiscan Systems, received an order
from the Transportation Security Administration (TSA) totaling
approximately $12 million for the upgrade of Rapiscan’s carry-on
baggage X-ray inspection systems. The upgrades will increase the
threat detection capabilities of currently deployed Rapiscan 620DV
Advanced Technology X-ray systems.
Deepak Chopra, CEO of OSI Systems, commented, “We are proud to
receive this award by the TSA to provide our latest detection
technology at US airport checkpoints. Our upgrade kits for the
620DV baggage inspection systems will provide enhanced threat
detection capability and further improve the speed of baggage
screening.”
About OSI Systems, Inc.
OSI Systems, Inc. is a vertically integrated designer and
manufacturer of specialized electronic systems and components for
critical applications in the homeland security, healthcare, defense
and aerospace industries. We combine more than 30 years of
electronics engineering and manufacturing experience with offices
and production facilities in more than a dozen countries to
implement a strategy of expansion into selective end product
markets. For more information on OSI Systems Inc. or any of its
subsidiary companies, visit www.osi-systems.com. News Filter:
OSIS-G
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such statements include information regarding the
company's expectations, goals or intentions about the future,
including the Company's contracts to provide solutions to the
Security industry. The actual results may differ materially from
those described in or implied by any forward-looking statement.
OSI Systems (NASDAQ:OSIS)
Historical Stock Chart
From Sep 2024 to Oct 2024
OSI Systems (NASDAQ:OSIS)
Historical Stock Chart
From Oct 2023 to Oct 2024