OSI Systems Receives $59 Million Contract for Cargo and Vehicle Inspection Solutions
January 8, 2024 | OSI SystemsEstimated reading time: 1 minute
OSI Systems, Inc. announced that its Security division received a contract from a customer in the EMEA region valued at approximately $59 million to provide various cargo and vehicle inspection platforms including the Eagle® G60 high-energy, gantry-mounted cargo inspection system, Eagle® P60 high-energy, drive-through cargo and vehicle inspection system, Eagle® M60 high-energy mobile cargo and vehicle inspection system, CarView® multi-technology, top-view passenger vehicle inspection system, and Guardian™ VM500 Series radiation portal monitor. The Company is expected to integrate the inspection systems into a national command center via its CertScan® integration platform and provide maintenance, training, and service support as part of this award.
OSI Systems’ Chairman and CEO, Deepak Chopra, stated, “We are honored to receive this contract, which affirms our long-standing customer’s continued trust in our innovative technology solutions for port and border security. We are dedicated to continually advancing our imaging technology to detect prohibited cargo effectively and help ensure the optimum operation of our deployed systems. With the addition of programs like this one that require ongoing maintenance, service, and support, we anticipate a sustained increase in recurring revenue as our security inspection system installed base continues to grow globally.”
Suggested Items
OSI Systems Receives $47 Million Services Order for Security Inspection Systems
05/30/2025 | BUSINESS WIREOSI Systems, Inc. announced that its Security division received a $47 million order from a U.S. based customer to provide ongoing maintenance service for its installed base of Rapiscan® inspection systems that are utilized for screening baggage, cargo and vehicles.
SMTA Releases Final Batch of Training Resources Donated by Bob Willis
05/29/2025 | SMTAThe Surface Mount Technology Association (SMTA) announces the release of several more webinars, poster sets, and photo libraries to conclude a generous donation from renowned industry expert Bob Willis.
CIMS to Exhibit at JPCA Show 2025
05/28/2025 | CIMSCIMS is excited to announce our participation at JPCA 2025 in Tokyo, Japan! Join us from June 4-6.
Smart Automation: AI—Revolutionizing Inspection in Electronics Manufacturing
05/27/2025 | Josh Casper -- Column: Smart AutomationArtificial Intelligence (AI) is rapidly becoming a staple in our personal and professional lives. In electronics manufacturing, integrating AI to combat common inefficiencies and to contextualize data will open new doors into how we supplement our traditional processes. In some specific areas of the electronics manufacturing process, integration of AI on the factory floor is already having a tremendous effect. One such area is PCBA inspection, particularly 3D automated optical inspection (AOI) systems.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
05/23/2025 | Marcy LaRont, I-Connect007In the electronics manufacturing industry, the global PCB market is estimated to reach $86.5 billion by 2029, a 5.9% annual growth, per IPC’s Global Market Forecast, and the global new cycle is still being dominated by U.S. news. This week, we are talking about the status of the CHIPS Act and what the new tax and incentives bill does and does not include. We also take a minute for some marketing wisdom to shed light in a challenging and noisy market environment.