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OSI Systems Receives $32 Million Order to Provide RF-based Critical Communication Systems

1. OSI Systems secured a $32 million international order for RF-based secure systems. 2. The order includes systems integration and deployment support, boosting near-term revenue.

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FAQ

Why Bullish?

The international order adds significant revenue potential and market validation. Similar contract wins in the past have driven positive price responses.

How important is it?

While the $32 million contract is a solid revenue boost and strengthens OSIS's order book, its relative size to total revenue limits its overall impact.

Why Short Term?

The order is set to boost immediate revenue and quarterly performance, as seen with similar defense contracts.

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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 order valued at approximately $32 million to provide radio frequency (RF) based critical systems that are designed for long-range secure communications. In addition, the Company is expected to support the systems integration and deployment activities for this program. OSI Systems' President and CEO, Ajay Mehra, commented, “We.

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