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OSI Systems Receives $24 Million Order for Cargo and Vehicle Inspection Systems

1. OSI Systems secured a $24 million award for Z Portal® inspection systems. 2. These units will enhance security at international borders and applications.

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FAQ

Why Bullish?

The $24 million award demonstrates strong demand for OSI's security solutions, reminiscent of past growth following similar contracts.

How important is it?

The award solidifies OSI's market position, potentially boosting investor confidence and future contracts.

Why Long Term?

This contract could lead to sustained revenue growth as global security demands increase.

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HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division received an international award valued at approximately $24 million to provide multiple units of the Z Portal® high-throughput, drive-through inspection system for scanning large trucks, buses and cargo containers. These inspection systems are expected to be used for international border and security applications. The Company expects to provide follow-.

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