- OSI Systems, Inc. OSIS has secured an award valued at ~$600 million, which includes 16% value added tax (VAT), from Mexico's Secretaría de la Defensa Nacional (SEDENA) for cargo and vehicle inspection systems and related services.
- 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.
- OSIS also expects to support the civil works, training, and follow-on maintenance.
- 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.
- Photo Via Company
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