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INSIGHTS

OSI Systems Receives Notice of Award for $4 Million Service and Maintenance Contract with Major Asian Airport

OSI Systems a vertically-integrated provider of specialized electronics and services today announced that its Security division, Rapiscan Systems, has received a notice of award for approximately $4 million from a major Asian international airport for the service and maintenance of its checkpoint screening and hold baggage inspection systems.

OSI Systems a vertically-integrated provider of specialized electronics and services today announced that its Security division, Rapiscan Systems, has received a notice of award for approximately $4 million from a major Asian international airport for the service and maintenance of its checkpoint screening and hold baggage inspection systems.

OSI Systems President and CEO, Deepak Chopra, commented: “Leveraging Rapiscan's global support network, we look forward to servicing this key international customer located in a high growth region. With a growing international presence, over half of our security revenues are from outside the U.S. We continue to see strong international demand for full life cycle support for inspection platforms, which allows customers to focus their efforts on screening operations while we provide seamless service and maintenance of the related infrastructure.”

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