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OSI Systems Announces $24M Order For Cargo And Vehicle Inspection Systems
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OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ:OSIS) today announced that its Security division received an international award valued at approximately $24 million to provide multiple units of the Z Portal® high-throughput, drive-through inspection system for scanning large trucks, buses and cargo containers. These inspection systems are expected to be used for international border and security applications. The Company expects to provide follow-on service and support as part of the award.

Ajay Mehra, President and CEO of OSI Systems, commented, "We are pleased to receive this order from a long-standing customer. The Z Portal leverages sophisticated technology to deliver remarkable inspection capabilities, efficiently detecting organic threats such as explosives and contraband. By enhancing the ability to recognize infrastructure safety and security risks, this system is a powerful tool for safeguarding global trade and border integrity."

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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