Aerospace Group:

OSI Systems Nabs Another Turnkey Screening Services Contract

Gally Articola

Friday, August 30th, 2013

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Albania has awarded security screening solutions provider OSI Systems [OSIS] a potential 15-year, $250 million contract to provide turnkey cargo and vehicle security screening services at various sites throughout the country, further bolstering the company’s screening services customer base. The company said it currently anticipates between $150 million and $250 million in gross revenues over the lifetime of the contract but said the revenue tally could differ significantly based on the volume of cargo and other factors. OSI Systems’ Rapiscan Systems division…

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