OSI Systems Inks Three Contracts

OSI Systems Inc. signed three contracts this month totaling more than $65 million.

On Jan. 8, the Hawthorne-based company said that it received a contract from an overseas customer valued at $59 million to provide cargo- and vehicle-inspection equipment.

Three days later it said it had been awarded a $4 million contract from a global air cargo-logistics provider to for advanced security inspection systems.

And on Jan. 4, it said that its Spacelabs Healthcare division received an order valued at $5 million to provide patient-monitoring solutions and related supplies and accessories to a U.S. based hospital.

The company did not identify any of the customers awarding the contracts. 

For the first contract, from a customer in the European-Middle East-Africa region, the company will provide high-energy, gantry-mounted cargo inspection systems, drive-through cargo and vehicle inspection systems, mobile cargo and vehicle inspection systems, top view passenger vehicle inspection systems and radiation monitors. 

OSI is expected to provide maintenance, training and support as part of the contract.

Deepak Chopra, the chief executive of OSI, said that the company was honored to receive the contract, adding that it affirms the long-standing customer’s continued trust in OSI’s technology systems for port and border security.

The second contract calls for OSI to provide its computer tomography-based explosive detection system, two systems for large-package screening, and another for small-parcel screening, among others.

For the third contract, OSI’s health care division will install a range of patient-monitoring tools including the Rothman Index, an artificial intelligence-enabled predictive analytics product.