Welcome to our dedicated page for Osi Systems news (Ticker: OSIS), a resource for investors and traders seeking the latest updates and insights on Osi Systems stock.
OSI Systems Inc. reports developments across a vertically integrated electronics business serving homeland security, healthcare, defense, aerospace and OEM manufacturing markets. The company operates through Security, Optoelectronics and Manufacturing, and Healthcare segments.
Recurring updates include quarterly results and guidance, Security division awards for inspection systems, screening solutions, radio frequency equipment and homeland defense applications, and Optoelectronics and Manufacturing programs for electronic components and sub-assemblies used by medical device and other OEM customers. Company communications also cover backlog, bookings, recurring service revenue, global manufacturing capacity and investor conference presentations.
OSI Systems (NASDAQ: OSIS) has secured a $14 million contract for its Security division to provide cargo and vehicle inspection systems to an international customer. The contract includes the delivery of Eagle® M60 high-energy mobile cargo inspection systems and ZBV® mobile Z Backscatter screening systems for deployment at port and border crossings.
The systems will enhance port and border security operations by offering flexibility in checkpoint relocation. OSI Systems, with over 40 years of experience in electronics engineering and manufacturing, maintains offices and production facilities across multiple countries, focusing on critical applications in homeland security, healthcare, defense, and aerospace industries.
OSI Systems (NASDAQ: OSIS) has secured a significant $47 million service order for its security inspection systems. The contract involves providing ongoing maintenance services for Rapiscan® inspection systems used in screening baggage, cargo, and vehicles. The order also includes continued support for the company's CertScan® Inspection Integration Platform. The service agreement was awarded by a U.S.-based customer, reinforcing OSI Systems' position in the security inspection maintenance sector.
OSI Systems (NASDAQ: OSIS) has announced its participation in the upcoming B. Riley Securities 25th Annual Investor Conference on May 22, 2025, in Marina Del Rey, California. The company will engage in a fireside chat scheduled for Thursday, May 22nd at 08:15am PT. The conference will feature various formats including moderated discussions, panel sessions, and one-on-one meetings with investors.
OSI Systems (NASDAQ: OSIS) has secured a significant $56 million contract for its Security division from an international customer. The contract involves deploying multiple units of two key inspection systems: the Eagle® M60 ZBx multi-energy mobile cargo and vehicle inspection system, and the ZBV® Z Backscatter® vehicle screening system.
These systems will be utilized for international port and border security applications, capable of detecting threats such as explosives, drug smuggling, currency, and trade-fraud items. The agreement also includes maintenance and training support services.
OSI Systems (NASDAQ: OSIS) Executive Chairman Deepak Chopra has been awarded the Lifetime Achievement Award by the Association for Corporate Growth's Los Angeles Chapter (ACG® Los Angeles). The prestigious recognition acknowledges Chopra's significant career contributions to Southern California's business landscape, particularly in areas of mentorship, deal-making excellence, and community engagement. In his acceptance, Chopra credited his success to the mentors, colleagues, and the OSI team who shared and supported his vision throughout his career journey.
OSI Systems (NASDAQ: OSIS) has secured a significant order through its Optoelectronics and Manufacturing division. The $7 million contract involves supplying essential components to a leading healthcare innovator focused on patient diagnostic and care applications. CEO Ajay Mehra expressed enthusiasm about continuing their relationship with this long-term customer and supporting their medical solutions.
OSI Systems (NASDAQ: OSIS) has secured a significant $36 million contract to implement and maintain aviation security systems at a major international airport in the Middle East. The contract encompasses the deployment of multiple security solutions, including the Orion® 920CT checkpoint screening system with Rapiscan® TRS™ for carry-on inspection, Orion 935DX for cargo and pallet screening, and Itemiser® 5X for explosives and narcotics detection. The company will also provide ongoing maintenance and support services throughout the products' lifecycle.