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OSI Systems Nabs $400M Screening Services Award from Mexico; Provides Stable Sales

OSI Systems [OSIS] last month scored its second major turnkey screening services contract in two years, a six-year, $400 million contract a tax and customs agency in Mexico that gives the company a stable revenue stream in the coming years, something missing from the security equipment vendors whose business tends to go up and down. The company says the award value could increase once the program scope has been finalized but the $400 million is the minimum, Deepak Chopra, OSI’s…

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Congress Updates

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