OSIS - OSI Systems nabs $600M award for cargo and vehicle inspection systems
2023-03-20 08:46:08 ET
- OSI Systems ( NASDAQ: OSIS ) received an award worth ~$600M, includes 16% value added tax, from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and vehicle inspection systems and related services.
- Under the award, the company is expected to provide a range of inspection systems, including the Eagle high energy and low energy cargo inspection portals, the Carview vehicle inspection system, and the Certscan multi-site integration platform, to inspect trucks, buses, and cars at several Mexican customs border checkpoints at the country's northern and southern borders.
- It also expects to support the civil works, training, and follow-on maintenance.
- The award is subject to finalization and execution of definitive agreements.
For further details see:
OSI Systems nabs $600M award for cargo and vehicle inspection systems