OSI Systems Lands $27M Airport Security Contract for Advanced Screening Technology – StockTitan

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OSI Systems (NASDAQ: OSIS) announced that its Security division has secured a $27 million order for airport security systems from an international customer. The order encompasses multiple security solutions including the RTT® 110 explosive detection system for hold baggage, Orion® 920CT checkpoint screening system with Rapiscan® TRS™, Orion 928DX for air cargo and pallet screening, and Itemiser® 5X for trace detection of explosives and narcotics. The comprehensive order demonstrates the company’s ability to provide integrated security solutions that meet international airport security standards.
OSI Systems (NASDAQ: OSIS) ha annunciato che la sua divisione Sicurezza ha ottenuto un contratto di 27 milioni di dollari per sistemi di sicurezza aeroportuale da un cliente internazionale. L’ordine comprende diverse soluzioni di sicurezza, tra cui il sistema di rilevamento di esplosivi RTT® 110 per bagagli da stiva, il sistema di screening dei controlli Orion® 920CT con Rapiscan® TRS™, Orion 928DX per il controllo del carico aereo e dei pallet, e Itemiser® 5X per il rilevamento di tracce di esplosivi e narcotici. L’ordine completo dimostra la capacità dell’azienda di fornire soluzioni di sicurezza integrate che soddisfano gli standard di sicurezza aeroportuale internazionali.
OSI Systems (NASDAQ: OSIS) anunció que su división de Seguridad ha asegurado un pedido de 27 millones de dólares para sistemas de seguridad en aeropuertos de un cliente internacional. El pedido abarca múltiples soluciones de seguridad, incluyendo el sistema de detección de explosivos RTT® 110 para equipaje facturado, el sistema de revisión de puntos de control Orion® 920CT con Rapiscan® TRS™, Orion 928DX para el control de carga aérea y palets, y Itemiser® 5X para la detección de residuos de explosivos y narcóticos. El pedido integral demuestra la capacidad de la empresa para proporcionar soluciones de seguridad integradas que cumplen con los estándares de seguridad aeroportuaria internacional.
OSI Systems (NASDAQ: OSIS)는 자사의 보안 부문이 국제 고객으로부터 공항 보안 시스템에 대한 전액 2천7백만 달러의 계약을 체결했다고 발표했습니다. 이 주문은 RTT® 110 화물용 폭발물 탐지 시스템, Rapiscan® TRS™가 포함된 Orion® 920CT 체크포인트 스크리닝 시스템, 항공 화물 및 팔레트 스크리닝을 위한 Orion 928DX, 폭발물 및 마약의 흔적 탐지를 위한 Itemiser® 5X 등 여러 보안 솔루션으로 구성됩니다. 이 포괄적인 주문은 국제 공항 보안 기준을 충족하는 통합 보안 솔루션을 제공할 수 있는 회사의 능력을 보여줍니다.
OSI Systems (NASDAQ: OSIS) a annoncé que sa division Sécurité a obtenu une commande de 27 millions de dollars pour des systèmes de sécurité aéroportuaire d’un client international. La commande comprend plusieurs solutions de sécurité, y compris le système de détection d’explosifs RTT® 110 pour les bagages en soute, le système de contrôle Orion® 920CT avec Rapiscan® TRS™, Orion 928DX pour le contrôle des cargaisons aériennes et des palettes, et Itemiser® 5X pour la détection de traces d’explosifs et de drogues. Cette commande complète démontre la capacité de l’entreprise à fournir des solutions de sécurité intégrées conformes aux normes de sécurité aéroportuaire internationales.
OSI Systems (NASDAQ: OSIS) hat bekannt gegeben, dass die Sicherheitsabteilung einen Auftrag über 27 Millionen US-Dollar für Flughafen-Sicherheitssysteme von einem internationalen Kunden gesichert hat. Der Auftrag umfasst mehrere Sicherheitslösungen, darunter das RTT® 110 Explosivstoff-Erkennungssystem für aufgegebenes Gepäck, das Orion® 920CT Kontrollpunkt-Screeningsystem mit Rapiscan® TRS™, Orion 928DX für die Luftfracht- und Paletteninspektion und Itemiser® 5X für die Spurenerkennung von Explosivstoffen und Drogen. Der umfassende Auftrag zeigt die Fähigkeit des Unternehmens, integrierte Sicherheitslösungen anzubieten, die den internationalen Standards für Flughafensicherheit entsprechen.
The $27 million order represents a comprehensive security systems deployment that significantly strengthens OSI’s position in the aviation security market. The multi-system package demonstrates strong customer confidence in OSI’s full-spectrum security solutions. The RTT® 110 and Orion® 920CT systems incorporate advanced computed tomography technology, offering superior threat detection capabilities compared to traditional X-ray systems, while the Itemiser® 5X adds critical trace detection capabilities that complement the imaging systems.
This order is particularly strategic as it includes both checkpoint and hold baggage screening solutions, indicating a complete terminal security upgrade rather than just a partial enhancement. The integration of the TRS™ system with the Orion® 920CT shows the customer’s focus on both security and operational efficiency. The addition of the Orion 928DX for air cargo screening further expands the security coverage to include freight operations, suggesting this may be a major international hub modernization project.
For context, typical airport security system deployments range from $5-50 million, placing this $27 million order in the mid-to-upper range of standard contracts. The timing aligns with the global trend of airports upgrading their security infrastructure to meet evolving threats and regulatory requirements.
This contract represents approximately 1% of OSI Systems’ annual revenue, making it a meaningful but not transformative order. The significance lies in the comprehensive nature of the deal, which should provide higher margins due to the mix of advanced technology products. The order’s diverse product range also creates opportunities for recurring revenue through maintenance contracts and potential future expansions.
The timing of this order, early in the calendar year, provides good momentum for OSI’s Security division, which typically contributes about 60% of the company’s total revenue. The international nature of the customer helps diversify geographic revenue streams and reduces dependence on domestic markets. Based on typical project implementation timelines, revenue recognition from this order will likely span 12-18 months, contributing to steady cash flow visibility.
The stock’s reaction should be moderately positive, as this order reinforces OSI’s competitive position in the airport security market and demonstrates continued demand for its advanced security solutions. The comprehensive nature of the order could serve as a reference case for similar airport modernization projects globally.
HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an order for approximately $27 million to provide a range of checkpoint and hold baggage screening solutions to an international customer. Among the systems to be delivered are the RTT^® 110 (Real Time Tomography) explosive detection system for screening hold baggage, Orion^® 920CT (Computed Tomography) checkpoint screening system integrated with Rapiscan^® TRS™ (Tray Return System) for inspecting carry-on items, Orion 928DX for screening air cargo and pallets, and Itemiser^® 5X for detecting trace amounts of explosives and narcotics.
OSI Systems’ President and CEO, Ajay Mehra, commented, “We are excited to receive this award. Our broad portfolio of aviation security products gives customers tremendous flexibility to optimize their security infrastructure and meet critical international airport security standards utilizing our latest technologies.”
About OSI Systems
OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense, and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end-product markets. For more information on OSI Systems or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems’ current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems’ control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems’ future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in OSI Systems’ most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250106793947/en/
OSI Systems, Inc.

Ajay Vashishat

Vice President, Business Development

310-349-2237

avashishat@osi-systems.com
Source: OSI Systems, Inc.

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