OSI Systems wins $40 million medical device contract
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
OSI Systems Receives $40 Million Award for Medical Device Sub-Assemblies
April 6, 2026 8:30 AM EDTHAWTHORNE, Calif.--(BUSINESS WIRE)-- OSI Systems, Inc. (the Company or OSI Systems) (NASDAQ: OSIS) today announced that its Optoelectronics and Manufacturing division (Opto) has received a multi-year award valued at more than $40 million from a leading medical device original equipment manufacturer (OEM) to provide critical electronic sub-assemblies that are utilized in the customers medical device platforms.
OSI Systems President and Chief Executive Officer, Ajay Mehra, commented, We are pleased to have been selected by this leading medical device OEM for a significant manufacturing program. This award highlights our capabilities in delivering high-quality, reliable solutions... More
