OSI Systems Receives $56 Million Contract for Cargo and Vehicle Inspection Systems

OSI Systems has announced that its Rapiscan Security division received a contract award for approximately $56 million from an international customer. The agreement includes the deployment of multiple units of the Eagle^® M60 ZBx multi-energy, mobile cargo and vehicle inspection system with combinational imaging to scan large trucks, buses and cargo containers and the ZBV^® Z Backscatter^® vehicle screening system, which will be used to screen for threats like explosives, drug smuggling, currency, and trade-fraud items. These systems are expected to be used for international port and border security applications. The Company has also been contracted to provide maintenance and training support.

Ajay Mehra, President and CEO of OSI Systems, commented, “We are honored to receive this award and provide two of our leading platforms for managing cargo and vehicle security using the latest transmission and backscatter technologies. Our systems are crucial in enhancing global trade security and safety.”