Rapiscan Systems Wins Six-Year Screening Agreement for $400 Million to Mexico's Tax Collection Authority

OSI Systems, a vertically-integrated provider of specialized electronics and services, announced that its security division, Rapiscan Systems, has been awarded a six-year authorization by Servicio de Administracion Tributaria (SAT), Mexico's tax and customs authority, to provide inspection services by implementing a wide-ranging program of cargo and vehicle security screening systems and services throughout Mexico.

OSI was selected to carry out the program after a thorough and competitive tender process. OSI is the sole provider for this agreement, with an initial award size of approximately $400 million over the six-year duration, and the total award value could increase depending on finalization of program scope.

Under the program, Rapiscan Systems will provide complete operations of a comprehensive x-ray screening program, which will incorporate technology, staffing, systems integration, and maintenance support at sites networked throughout Mexico, including ports of entry as well as inland checkpoints and airports. These operational capabilities will significantly enhance the Mexican government authorities' capability to interdict contraband and undeclared materials.