OSI Systems, Inc. (OSIS) on Thursday announced that its Security division received an order worth approximately $23 million from a customer to support the deployment of the company's non-intrusive inspection (NII) systems at cargo and vehicle border checkpoints.
OSI Systems' President and CEO, Ajay Mehra, commented, "We are honored to receive this award and deepen the collaboration with our customer in strengthening cargo checkpoint security. We have a shared commitment to enhance border security infrastructure and deploy innovative solutions that meet mission needs."
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.