OSI Systems Receives ~$200M Contract To Provide Rapiscan Passenger Vehicle Inspection Systems To U.S. Customs And Border Protection

OSI Systems, Inc.

OSI Systems, Inc.

OSIS

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OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division was awarded a five-year indefinite-delivery, indefinite-quantity (IDIQ) contract with a ceiling of approximately $200 million from U.S. Customs and Border Protection (CBP) to provide its relocatable Rapiscan® passenger vehicle inspection systems. An initial task order under the contract covers the first systems along with associated service and training.