OSI Systems’ Security Unit Awarded 5-Yr IDIQ Contract With Ceiling Of ~$85M From U.S. CBP To Supply Van-Mounted, Mobile Rapiscan X-Ray Inspection Systems Used For Baggage And Parcel Screening

OSI Systems, Inc.

OSI Systems, Inc.

OSIS

0.00

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 $85 million from U.S. Customs and Border Protection (CBP) to supply van-mounted, mobile Rapiscan® X-ray inspection systems used for baggage and parcel screening. Under an initial task order valued at approximately $21 million, the Company is expected to deliver mobile inspection systems and provide operator training.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.