FX.co ★ OSI Systems Secures $12 Mln International Contract For Security Inspection Systems

OSI Systems, Inc. (OSIS) has announced the acquisition of an international contract, valued at approximately $12 million, for its Security division. This agreement includes the provision of multiple units of the Eagle M60 ZBx, a sophisticated, multi-energy, mobile cargo and vehicle inspection system, as well as follow-on maintenance and support services. These advanced systems, which utilize combinational imaging technology, are designed to bolster security measures and will be implemented to meet international border and security needs. On Wednesday, OSIS concluded its trading session on the Nasdaq at $196.94, reflecting a 0.25% increase, or $0.49.