OSI Systems Receives $11 M Order for RTT Hold Baggage Screening Systems

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $11 million to provide multiple units of its RTT® 110 (Real Time Tomography) explosive detection systems that will be installed at a European airport.

OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are pleased to receive this order and look forward to expanding our CT hold baggage inspection system installed base at European airports."

The RTT® employs a proprietary solid-state approach to provide high-resolution 3-D imaging, and its unique design allows the efficient inspection of hold baggage and air cargo while maintaining capability to meet the most recent threat detection standards. RTT® has passed the European Civil Aviation Conference's (ECAC) HBS EDS Standard 3 threat detection requirement and has been deployed by numerous airports and air logistics providers.

Source: OSI Systems, Inc.
Date: Jan 22, 2019