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OSI Systems Receives $47 Million Services Order for Security Inspection Systems
May 30, 2025 | BUSINESS WIREEstimated reading time: Less than a minute
OSI 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. As part of the award, the Company is also expected to provide continued support for its CertScan® Inspection Integration Platform.
OSI Systems’ President and CEO, Ajay Mehra, commented, "With this award, we are excited to continue delivering exceptional maintenance and support, helping to advance our customer’s vital security objectives."
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BAE Systems Delivers 1,000th THAAD Seeker for Ballistic Missile Defense Program
09/01/2025 | BAE SystemsBAE Systems recently delivered its 1,000th infrared seeker to Lockheed Martin for integration on the Terminal High Altitude Area Defense (THAAD) interceptor missile, achieving a major production milestone.
ION Storage Systems Launches 'Cornerstone'
08/12/2025 | PRNewswireION Storage Systems, Inc. (ION), a Maryland-based leader in next-generation solid-state battery technology, announces today that it has begun shipping Cornerstone, the first commercial generation of ION's solid-state battery technology, to leading consumer electronics companies.
Benchmark Completes Delivery of the Next Phase of High-Tech Surveillance Solutions for U.S. Customs and Border Protection Share
08/11/2025 | BUSINESS WIREBenchmark Electronics, Inc. proudly announces the successful completion of the delivery of 24 Mobile Vehicle Surveillance Systems with Radar (MVSS-R) for U.S. Customs and Border Protection (CBP) and the Federal Aviation Administration (FAA).
Spirit AeroSystems Announces Definitive Agreement with CTRM for Acquisition of Facility in Subang, Malaysia
08/11/2025 | PRNewswireSpirit AeroSystems Holdings, Inc. announces a purchase agreement to sell its facility and businesses in Subang, Malaysia to Composites Technology Research Malaysia Sdn Bhd (CTRM) for $95,200,000, subject to customary adjustments.
Smart Automation: Pick-and-place Machines—What Matters in 2025
08/12/2025 | Josh Casper -- Column: Smart AutomationWhen people talk about placement technology, they often zero in on speed: How fast can a machine place components? What's the quoted components per hour (CPH)? How many nozzles are on the head? While these metrics matter, on most production floors, the fastest machine on paper isn’t always the most productive.