{"id":837416,"date":"2025-04-15T08:53:33","date_gmt":"2025-04-15T12:53:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/osi-systems-receives-24-million-order-for-cargo-and-vehicle-inspection-systems\/"},"modified":"2025-04-15T08:53:33","modified_gmt":"2025-04-15T12:53:33","slug":"osi-systems-receives-24-million-order-for-cargo-and-vehicle-inspection-systems","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/osi-systems-receives-24-million-order-for-cargo-and-vehicle-inspection-systems\/","title":{"rendered":"OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection Systems"},"content":{"rendered":"

<\/p>\n

OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection 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 international award valued at approximately $24 million to provide multiple units of the Z Portal\u00ae high-throughput, drive-through inspection system for scanning large trucks, buses and cargo containers. These inspection systems are expected to be used for international border and security applications. The Company expects to provide follow-on service and support as part of the award.\n<\/p>\n

\nAjay Mehra, President and CEO of OSI Systems, commented, \u201cWe are pleased to receive this order from a long-standing customer. The Z Portal leverages sophisticated technology to deliver remarkable inspection capabilities, efficiently detecting organic threats such as explosives and contraband. By enhancing the ability to recognize infrastructure safety and security risks, this system is a powerful tool for safeguarding global trade and border integrity.\u201d\n<\/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\n<\/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\/20250415818457\/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> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Defense Security Automotive Manufacturing Technology Manufacturing Other Defense Hardware<\/p>\n

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

OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection 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 international award valued at approximately $24 million to provide multiple units of the Z Portal\u00ae high-throughput, drive-through inspection system for scanning large trucks, buses and cargo containers. These inspection systems are expected to be used for international border and security applications. The Company expects to provide follow-on service and support as part of the award. Ajay Mehra, President and CEO of OSI Systems, commented, \u201cWe are pleased to receive this order from a long-standing customer. The Z Portal leverages sophisticated technology to deliver remarkable inspection capabilities, efficiently … <\/p>\n

Continue reading “OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection 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-837416","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection 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-24-million-order-for-cargo-and-vehicle-inspection-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 $24 Million Order for Cargo and Vehicle Inspection Systems - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection 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 international award valued at approximately $24 million to provide multiple units of the Z Portal\u00ae high-throughput, drive-through inspection system for scanning large trucks, buses and cargo containers. These inspection systems are expected to be used for international border and security applications. The Company expects to provide follow-on service and support as part of the award. Ajay Mehra, President and CEO of OSI Systems, commented, \u201cWe are pleased to receive this order from a long-standing customer. 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