OSI Systems Receives $18M Contract to Enhance Airport Securi
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This news is classified in: Aviation Contracts Sensors

Nov 30, 2023

OSI Systems Receives $18M Contract to Enhance Airport Security Infrastructure

OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract from an international airport for approximately $18 million to provide various checkpoint and hold baggage screening solutions. Among the systems to be provided are the RTT® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Metor® Walk-Through Metal Detector, and Itemiser® 5X explosive trace detection system for secondary screening of passengers. As part of this award, the Company is also engaged to provide comprehensive multi-year maintenance, service, and support.

OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are delighted to work with this major airport customer and look forward to providing our inspection system platforms with advanced technologies that are designed to achieve the highest airport security standards, enhancing both the safety and the overall experience of air passengers.”

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Airport Security - Market and Technology Forecast to 2030

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