OSI Systems Receives $27M Order From A US Customer For Maintenance Service And Tech Support For Its Installed Base Of Rapiscan Cargo And Vehicle Inspection Systems
Portfolio Pulse from Benzinga Newsdesk
OSI Systems has secured a $27 million order from a US customer for maintenance and tech support of its Rapiscan cargo and vehicle inspection systems. This deal highlights the company's strong position in the security and inspection market.

September 26, 2024 | 12:32 pm
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OSI Systems received a $27 million order from a US customer for maintenance and tech support of its Rapiscan systems, indicating strong demand and potential revenue growth.
The $27 million order for maintenance and tech support services from a US customer suggests a robust demand for OSI Systems' Rapiscan products. This order not only provides immediate revenue but also strengthens the company's market position in the security and inspection sector. The size of the order indicates significant customer reliance on OSI Systems' technology, which could lead to further business opportunities.
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