OSI Systems, Inc. News

OSI Systems, Inc. announced that its Security division received an order from an international customer valued at approximately $81 million to provide multiple units of the Eagle® M60 mobile high-energy cargo and vehicle inspection system. The inspection systems are expected to be used for securing borders and critical infrastructure. OSI Systems’ President and CEO, Ajay Mehra, stated, “We are pleased to receive this significant award from an existing customer. The Eagle® M6...

OSI Systems, Inc. announced that its Security division received an order valued at approximately $23 million to assist in the deployment and integration of long-range radio frequency (RF) critical communication systems. As part of the award, the Company is expected to provide critical hardware as well as technical services designed to enhance the long-term availability of US government strategic RF communications capability in critical regions of the world. Protecting people and infrastructure...

OSI Systems, Inc. (the “Company” or “OSI Systems”) announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Aviation security products Among the systems to be delivered are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion® 920CT (Computed Tomography) checkpoint screening system integrate...

OSI Systems, Inc. announced that, following a search process, its Board of Directors has appointed Ajay Mehra, current President of OSI’s Security division and Executive Vice President of OSI, as the Company’s new President and Chief Executive Officer, effective January 1, 2025. Mr. Mehra will succeed Deepak Chopra, who will transition to Executive Chairman of the Board. Mr. Mehra joined the Company in 1989 in a financial management role and served as Chief Financial Officer while o...

OSI Systems, Inc. announces that its Security division has successfully commenced operations in Uruguay in collaboration with its Ministry of Economics and Finance to enhance security and efficiency at Uruguay's ports and borders through advanced customs screening applications. OSI Systems CEO Deepak Chopra commented, "We are excited to begin the operational phase and look forward to supporting Uruguay’s customs and border security activity.” Ongoing management training The Compa...

OSI Systems, Inc. announces that its Security division received a contract with an initial order valued at approximately $27 million from a U.S.-based customer for maintenance service and technology support for its installed base of Rapiscan® cargo and vehicle inspection systems. In addition to the initial order, which is expected to be completed in fiscal 25, this contract award also includes four option periods over approximately three years valued at $117 million in total if all are exe...

OSI Systems, Inc. announced that its Security division received an order from an international customer for approximately $10 million to provide the Company’s Z Backscatter® Van (ZBV®) cargo and vehicle inspection systems including follow-on maintenance, training, and support. These inspection systems are expected to be deployed for border customs applications. Advanced security solutions OSI Systems’ Chairman and CEO, Deepak Chopra, commented, “We look forward to de...

OSI Systems, Inc. announced that its Security division received an order from an international customer for approximately $9 million to provide the Company’s Eagle® M60 high-energy mobile cargo and vehicle inspection systems including related service and support. Multi-year framework agreement This order represents the initial fulfillment under a multi-year framework agreement between the company and the customer, setting the stage for future supply of additional solutions. OSI Syst...

OSI Systems, Inc. announced that its Security division received a $5 million order to provide 920CT baggage screening technology for passenger checkpoints at a major European international airport. Deepak Chopra, OSI Systems' Chairman and CEO, commented, "We are pleased with this award and look forward to supporting the customer’s efforts to upgrade its security infrastructure. We strive to elevate passenger screening processes with advanced CT checkpoint technology for an enhanced and ef...

OSI Systems announces that its Security division, a premier global provider of security and inspection systems, has secured an international contract award valued at approximately $100 million to provide cargo and vehicle inspection systems, as well as ongoing maintenance services and training. Deepak Chopra, OSI Systems’ Chairman and CEO, commented, "This award is a testament to the trust and confidence that our partners have in our technology expertise and customer service. We are excit...

OSI Systems, Inc. (the ‘Company’ or ‘OSI Systems’) has announced that its Security division has been awarded a $16 million contract by an international airport to enhance its checkpoint security infrastructure. Checkpoint lane upgrade This checkpoint lane upgrade includes supplying advanced 920CT screening systems integrated with automated tray return systems (TRS) lanes to streamline security operations. As part of this award, OSI Systems is also expected to provide mu...

OSI Systems announces that its Security division was awarded a contract for approximately $27 million to provide Itemiser® 5X explosive trace detection (ETD) systems for secondary screening of passengers and carry-on baggage at airport checkpoints along with related consumables to a leading European airport. OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are pleased with this significant award and look forward to delivering over multiple years our advanced technology por...

OSI Systems, Inc. (the ‘Company’ or ‘OSI Systems’) (OSIS) has announced that its Security division was awarded a contract from an international airport for approximately $18 million to provide various checkpoint and hold baggage screening solutions. Among the systems to be provided are the RTT®110 (Real Time Tomography) explosive detection system for screening hold baggage, Metor® Walk-Through Metal Detector, and Itemiser® 5X explosive trace detection system...

OSI Systems, Inc. announces that its Security division was awarded a contract valued at approximately $5 million from a Latin American customer to provide cargo and vehicle inspection solutions, including installation and integration support.  Among the solutions to be provided are the Eagle® P60 high-energy, drive-through cargo and vehicle inspection system, Z Portal®  high-throughput, drive-through inspection system, and the VM500 drive-through radiation monitoring portal....

OSI Systems, Inc. (the “Company” or “OSI Systems”) has announced that its security division received an order for approximately US$ 20 million from ANA Aeroportos de Portugal to provide multiple units of its RTT® 110 (Real Time Tomography) explosive detection system. The units are expected to be installed at various airports throughout Portugal to screen passengers’ hold (checked) baggage, and the Company has been engaged to provide ongoing maintenance, service...

Rapiscan Systems Inc., (‘Rapiscan’) a subsidiary of OSI Systems, Inc., and Metrohm USA (‘Metrohm’) announces that they have entered into an agreement to have Rapiscan distribute Metrohm handheld Raman spectrometer products globally through Rapiscan's Instruments Business Unit. The MIRA and the TacticID® products use Raman spectroscopy technology to determine the chemical composition of unknown materials for defence, security, customs, and forensics applications. Metr...