OSI Systems (OSIS) Wins $10M Follow On Order from ITT Corp.
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OSI Systems, Inc. (NASDAQ: OSIS) announced today that its Optoelectronics and Manufacturing division received an approximate $10 million follow-on order from ITT Corporation for electronic sub-assemblies.
The electronic sub-assemblies are to be used by the U.S. Department of Defense in their Mine Resistant Ambush Protected armored vehicle program. Contract awards to date for this program total approximately $65 million.
OSI Systems, Inc. engages in the design, development, manufacture, and sale of specialized electronic systems and components for applications in homeland security, healthcare, and defense and aerospace markets worldwide.
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