OSI Systems Awarded $85 Million IDIQ Contract From Customs and Border Protection for Mobile X-ray Inspection Systems

OSI Systems Awarded $85 Million IDIQ Contract From Customs and Border Protection for Mobile X-ray Inspection Systems

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a five-year indefinite-delivery, indefinite-quantity (IDIQ) contract with a ceiling of approximately $85 million from U.S. Customs and Border Protection (CBP) to supply van-mounted, mobile Rapiscan® X-ray inspection systems used for baggage and parcel screening. Under an initial task order valued at approximately $21 million, the Company is expected to deliver mobile inspection systems and provide operator training.