{"id":797995,"date":"2025-01-06T08:34:37","date_gmt":"2025-01-06T13:34:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/osi-systems-receives-27-million-order-for-airport-security-systems\/"},"modified":"2025-01-06T08:34:37","modified_gmt":"2025-01-06T13:34:37","slug":"osi-systems-receives-27-million-order-for-airport-security-systems","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/osi-systems-receives-27-million-order-for-airport-security-systems\/","title":{"rendered":"OSI Systems Receives $27 Million Order for Airport Security Systems"},"content":{"rendered":"

<\/p>\n

OSI Systems Receives $27 Million Order for Airport Security Systems<\/b><\/p>\n

HAWTHORNE, Calif.–(BUSINESS WIRE<\/a>)–
\nOSI Systems, Inc. (the \u201cCompany\u201d or \u201cOSI Systems\u201d) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Among the systems to be delivered are the RTT\u00ae<\/sup> 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion\u00ae<\/sup> 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan\u00ae<\/sup> TRS\u2122 (Tray Return System) for inspecting carry-on items, Orion 928DX for screening air cargo and pallets, and Itemiser\u00ae<\/sup> 5X for detecting trace amounts of explosives and narcotics.<\/p>\n

\nOSI Systems\u2019 President and CEO, Ajay Mehra, commented, “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.\u201d<\/p>\n

About OSI Systems<\/b><\/p>\n

\nOSI Systems 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. The Company combines more than 40 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 or any of its subsidiary companies, visit www.osi-systems.com<\/a>. News Filter: OSIS-G<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems\u2019 current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems\u2019 control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems\u2019 future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in OSI Systems\u2019 most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250106793947\/en\/<\/a><\/span><\/p>\n

OSI Systems, Inc.
\n<\/b>
Ajay Vashishat
\n
Vice President, Business Development
\n
310-349-2237
\n
avashishat@osi-systems.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Security Apps\/Applications Technology Manufacturing Software Hardware<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

OSI Systems Receives $27 Million Order for Airport Security Systems HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (the \u201cCompany\u201d or \u201cOSI Systems\u201d) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Among the systems to be delivered are the RTT\u00ae 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion\u00ae 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan\u00ae TRS\u2122 (Tray Return System) for inspecting carry-on items, Orion 928DX for screening air cargo and pallets, and Itemiser\u00ae 5X for detecting trace amounts of explosives and narcotics. OSI Systems\u2019 President and CEO, Ajay Mehra, commented, “We are excited to … <\/p>\n

Continue reading “OSI Systems Receives $27 Million Order for Airport Security Systems”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797995","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOSI Systems Receives $27 Million Order for Airport Security Systems - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/osi-systems-receives-27-million-order-for-airport-security-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OSI Systems Receives $27 Million Order for Airport Security Systems - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OSI Systems Receives $27 Million Order for Airport Security Systems HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (the \u201cCompany\u201d or \u201cOSI Systems\u201d) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Among the systems to be delivered are the RTT\u00ae 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion\u00ae 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan\u00ae TRS\u2122 (Tray Return System) for inspecting carry-on items, Orion 928DX for screening air cargo and pallets, and Itemiser\u00ae 5X for detecting trace amounts of explosives and narcotics. 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