OSI Systems secures $26 million order for RF-based threat detection systems

HAWTHORNE, Calif. - OSI Systems, Inc. (NASDAQ:OSIS), a security solutions provider with a market capitalization of $3.85 billion and impressive 65% stock return over the past year, announced Tuesday it has received an order valued at approximately $26 million for its radio frequency-based critical systems designed to detect threats to public safety and infrastructure security.

The contract was awarded to the company’s Security division, which specializes in advanced inspection systems and screening solutions.

"We are honored to receive this award and look forward to continuing to work closely with this customer to enhance and modernize its system infrastructure," said Ajay Mehra, OSI Systems President and CEO, in a press release statement.

The company did not disclose the specific customer or timeline for delivery of the systems.

OSI Systems designs and manufactures specialized electronic systems for critical applications across three segments: Security, Optoelectronics and Manufacturing, and Healthcare. The Security division provides inspection systems and screening solutions to protect people and infrastructure.

The California-based company serves over 170 countries with sales, service, research and development, and manufacturing capabilities positioned globally to provide support and delivery.

In other recent news, OSI Systems announced its fourth-quarter fiscal 2025 earnings, which did not meet analysts’ expectations. The company reported an earnings per share (EPS) of $2.84, falling short of the projected $3.19. Additionally, revenue was reported at $480.91 million, missing the forecasted $496.46 million. This follows the company’s strong performance in fiscal year 2024, particularly in its Security and O&M segments, despite challenges in the Healthcare division. Security sales saw a 7% increase, bolstered by a 9% contribution from the acquisition of RF communications and surveillance technology. Meanwhile, Oppenheimer has raised its price target for OSI Systems to $270, up from $260, while maintaining an Outperform rating. This adjustment reflects the firm’s confidence in OSI’s robust performance in key segments. These developments are crucial for investors monitoring OSI Systems’ financial health and market position.

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