OSI Systems announced a $20 million contract with an international customer to deploy a comprehensive radiological threat detection network across a wide area. The order, secured by the company’s Security division, will involve the installation of a fully integrated system that continuously monitors for radioactive threats, bolstering the customer’s national‑security capabilities.
The Security division is a key growth engine for OSI, having generated $224.3 million in revenue and $28.9 million in operating income in Q3 FY25—12.9 % of total company revenue. In Q4 FY25 the division’s revenue rose 5 % year‑over‑year, contributing to record quarterly sales of $505 million. The new contract adds a substantial, recurring revenue stream to an already robust backlog that exceeded $1.8 billion as of March 31 2025.
CEO Ajay Mehra said the company is proud to support the customer’s commitment to national security with advanced radiation‑monitoring solutions. He highlighted the contract as evidence of OSI’s continued ability to win large, high‑impact deals in the security space, reinforcing the company’s strategic focus on high‑margin, high‑value government and defense contracts.
The $20 million order expands OSI’s presence in the global radiation‑monitoring market, a sector that is experiencing heightened demand as governments invest in advanced threat‑detection capabilities. By adding this contract to its backlog, OSI strengthens its revenue pipeline and demonstrates the scalability of its Security solutions, which have historically delivered strong operating margins and consistent earnings growth.
The deal underscores OSI’s track record of securing sizable contracts in the security domain—such as the $11 million European border‑security order in June 2025—and signals continued confidence from international customers in the company’s technology and execution capabilities.
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