Benzinga | Sep 3, 2020 08:37AM EDT

OSI Systems Receives $3M Contract To Provide Security Inspection Systems To DHL International

OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ:OSIS) today announced that its Security division was awarded a contract from the DHL Hub Leipzig GmbH ("DHL") for approximately $3 million to provide the Rapiscan(r) RTT(r)110 along with multiple Rapiscan Orion 927DX's for the screening of packages and parcels in an air cargo environment.

OSI Systems' Chairman and CEO, Deepak Chopra, commented, "We are honored to continue our long-standing partnership with DHL and to work with them to support their Hub expansion at one of the largest air cargo centers globally. All systems are expected to be installed in a fast-parcel screening environment fully utilizing the performance features of the RTT and Orion platforms."