OSI Systems (OSIS) announced that its Security division received a $47M order from a U.S. based customer to provide ongoing maintenance service for its installed base of Rapiscan inspection systems that are utilized for screening baggage, cargo and vehicles. As part of the award, the company is also expected to provide continued support for its CertScan Inspection Integration Platform.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OSIS:
- OSI Systems Announces Leadership Change in Optoelectronics
- OSI Systems receives $56M contract for cargo, vehicle inspection systems
- OSI Systems CFO sells $4.58M in common stock
- OSI Systems receives $7M order for Medical Technology Components
- OSI Systems receives $36M contract for aviation security systems