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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.