OSI Systems (OSIS) Awarded $3 Million Follow-on Order From U.S. TSA
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OSI Systems, Inc. (NASDAQ: OSIS) has been awarded a follow-on order for approximately $3 million for its Rapiscan 620DV (Dual-View) Advanced Technology (AT) X-Ray scanning systems from the U.S. Transportation Security Administration (TSA). This order brings the total amount awarded to date to approximately $40 million since Rapiscan Systems received an Indefinite Delivery Indefinite Quantity (IDIQ) Order from the TSA in August 2007. This award is one of the first awards made by TSA that uses funds from the American Recovery and Reinvestment Act of 2009.
OSI Systems Inc. is a Hawthorne, California based diversified global developer, manufacturer and seller of security and inspection systems, medical monitoring and anesthesia products, and optoelectronic devices and value-added subsystems.
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