HAWTHORNE, Calif., March 20, 2023--OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that it has been notified of an award ...
By Chris Wack OSI Systems Inc. shares were up 9% to $98.89 after the company said it has been notified of an award valued at $600 million, which includes a.
Write to Chris Wack at [email protected] OSI Systems Inc. By Chris Wack
OSI Systems (OSIS) received an award worth ~$600M, includes 16% value added tax, from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and ...
- Under the award, the company is expected to provide a range of inspection systems, including the Eagle high energy and low energy cargo inspection portals, the Carview vehicle inspection system, and the Certscan multi-site integration platform, to inspect trucks, buses, and cars at several Mexican customs border checkpoints at the country's northern and southern borders. [OSIS](https://seekingalpha.com/symbol/OSIS)) received an [award](https://seekingalpha.com/pr/19214567-osi-systems-receives-600-million-award-for-cargo-and-vehicle-inspection-systems)worth ~$600M, includes 16% value added tax, from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and vehicle inspection systems and related services. OSI Systems nabs $600M award for cargo and vehicle inspection systems
The award is subject to finalization and execution of definitive agreements. Price Action: OSIS shares traded higher by 3.77% at $94.58 on the last check Monday ...
- The award is subject to finalization and execution of definitive agreements. - OSIS also expects to support the civil works, training, and follow-on maintenance. - Under the award, the company is expected to provide a range of inspection systems, to inspect trucks, buses, and cars at several Mexican customs border checkpoints at the country's northern and southern borders.