19 juillet 2019 | International, Terrestre, Autre défense

OSI Systems Awarded $8 Million Contract for Cargo and Vehicle Inspection Systems

HAWTHORNE, Calif.--(BUSINESS WIRE)--OSI Systems, Inc. (the “Company” or “OSI Systems”) (NASDAQ: OSIS) today announced that its Security division was awarded a contract valued at approximately $8 million by a U.S. government customer to provide cargo and vehicle inspection systems.

OSI Systems' Chairman and CEO, Deepak Chopra, stated, “We are pleased to receive this award and look forward to delivering our advanced technology solutions that are designed to provide enhanced imaging to help identify impermissible items.”

About OSI Systems

OSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems or its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to OSI Systems' current expectations, beliefs, and projections concerning matters that are not historical facts. Forward-looking statements are not guarantees of future performance and involve uncertainties, risks, assumptions, and contingencies, many of which are outside OSI Systems' control and which may cause actual results to differ materially from those described in or implied by any forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are based on currently available information and speak only as of the date on which they are made. OSI Systems assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information, or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of factors that could cause OSI Systems' future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in OSI Systems' most recently filed Annual Report on Form 10-K and other risks described therein and in documents subsequently filed by OSI Systems from time to time with the Securities and Exchange Commission.

SOURCE: OSI Systems, Inc.

https://www.businesswire.com/news/home/20190717005233/en

Sur le même sujet

  • Transforming battlefield geometry: What’s to come in Project Convergence 2021

    13 octobre 2020 | International, Aérospatial, Terrestre

    Transforming battlefield geometry: What’s to come in Project Convergence 2021

    Jen Judson WASHINGTON — The U.S. Army's ambitious first Project Convergence, an exercise that measured the progress of the service's modernization strategy within its future operational concept, concluded last month, but the service already has a sense of what it wants to accomplish in 2021. The series of exercises and experiments that made up the Project Convergence “campaign of learning” took place at Yuma Proving Grounds, Arizona. The event, held over a six-week period in the harsh desert at America's southwest border, was deemed the most important Army event outside of global operations, and future annual iterations are expected to continue shaping the future force. “We're going to have even further transformation of the battlefield geometry,” Brig. Gen. Wally Rugen, who is in charge of future vertical lift modernization, told Defense News in an Oct. 6 interview ahead of the Association of the U.S. Army's annual conference. “We want to go deeper. We made it to 61.9 kilometers, across the forward line of troops in the scenario we fought in 2020,” Rugen said. “We will want to go farther than that.” The Army will also join forces with all of the other military services in 2021, according to Gen. John Murray, the head of Army Futures Command. It will be up to those other services the kinds of capabilities and technologies they each bring to the equation, but the intention is to have the Air Force's F-35 fighter jet integrated into the architecture of the operation. Earlier this month, the Army and the Air Force signed a two-year collaboration agreement to develop a concept for Joint All-Domain Command and Control, or JADC2, which carries over the Army's future war-fighting doctrine, “Multi-Domain Operations” — which is still in the concept phase — to the world of joint operations. JADC2 essentially connects sensors to shooters — which was the bread and butter of Project Convergence this year — across the joint force. The exercise involved about 500 people at Yuma; most were data collectors. The event represented a platoon-sized operation. But in 2021, according to Murray, an entire operational headquarters element will be brought in to drive the learning in terms of how “we organize and how we fight the capability in the future.” Additionally, the Army wants to bring in a multidomain task force from Joint Base Lewis-McChord in Washington state, which would likely be the centerpiece of Project Convergence 21, said Brig. Gen. John Rafferty, who leads the Army's long-range precision fires efforts, which is the service's top modernization priority. There will also be other operational units brought in “to help explore and to help test on a larger scale,” Rafferty told Defense News in an interview this month. Starting in 2021, the exercise will have a foreign flavor. The United Kingdom signed on to participate next year, Murray said, and Australia may join. In 2022, the focus of the exercise will build significantly in terms of involving coalition forces. The Army also plans to tie Project Convergence to other exercises happening at roughly the same time. For example, since the event has an objective to operate in denied and degraded environments, the Army's Position Navigation and Timing Assessment Exercise will likely be a part of Project Convergence in 2021. In its first year, the Army had elements from the modernization teams focused on future vertical lift, long-range precision fires, the next-generation combat vehicle, the network, and positioning, navigation and timing. Next year, more teams will join, including those dedicated to air and missile defense, soldier lethality, and the Synthetic Training Environment. The Army also plans to involve its developmental missile, meant to replace the Army Tactical Missile System for a long-range shot. The Precision Strike Missile — a weapon with an expected range of 500 kilometers — will likely have a test shot that aims to surpass that during Project Convergence. The missile has an aggressive test schedule next year. The Extended Range Cannon, or ERCA, which participated this year, will have new technology rolled in by 2021, Rafferty said. The service also plans to demonstrate the Excalibur Hit-to-Kill capability, which is one of the competitors for the Dual-Purpose Improved Conventional Munition replacement effort. “That really is the lethality component of ERCA at extended ranges,” he added. The future vertical lift team will bring its 20mm gun planned for its future attack reconnaissance aircraft to the event as well as its Modular Effects Launcher prototype, which will carry both lethal and nonlethal effects to deploy from the air, Rugen said. The Army has begun firing live rounds from the gun, and will fire roughly 285,000 rounds through it this fiscal year. The Air-Launched Effects, or ALE, capability played a critical role in Project Convergence this year, and is to return with increased capability and improved technology. “The lower tier of the air domain is decisive,” Rugen said. “I think '20 proved that yet again like it did in '19. We need a broader acceptance of that from the joint force and from defensewide. There is a capability to show up at the time and place of our choosing with vertical lift from relative sanctuary and have operational effects, and that's really what we intend to show in '21.” The network underpins everything at Project Convergence, and improvements will continue to be made so the network that shows up in 2021 is more robust and geared beyond what it was originally designed to do, which is to support a tactical brigade. “I think you'll see better discipline on our data management and message traffic, message formats, which, again, is going to help that machine-to-machine targeting,” Rugen said. To further improve the ground and air assets connectivity, there will be a few more waveforms incorporated “to see if they can produce the bandwidth we need.” The Army wants the mesh network established through ALEs to be “more resilient and have greater goals on distance,” he added. FIRESTORM is also expected to return next year. The system uses artificial intelligence to help select the optimal shooter for engagement. Surrogate robotic combat vehicles and an optionally manned fighting vehicle will continue to play a major role as well. The hope is also to bring in the Army's Integrated Air and Missile Defense Battle Command System, known as IBCS, which is currently undergoing development to connect sensors and shooters for the purpose of countering missile threats. The system recently completed a by-and-large successful limited-user test and will head into its initial operational test and evaluation in 2021. Murray noted that if the test and evaluation conflicts with the Army's schedule, the system will not participate in next year's Project Convergence, noting that the evaluation is a top priority for the program to remain on track. The Army is also hoping the Integrated Visual Augmentation System — which will provide soldiers with AI-enhanced goggles that assist with navigation, targeting, and advanced night and thermal vision — will be ready for next year's experimentation. Overall, the Army has collected “70-plus technologies” — to include a few capabilities from the Defense Advanced Research Projects Agency — that it might incorporate into the event, Murray said, noting not all 70 will end up participating. https://www.defensenews.com/digital-show-dailies/ausa/2020/10/12/transforming-battlefield-geometry-whats-to-come-in-project-convergence-2021/

  • Griffon, Textron advance in Army’s Future Tactical UAS competition

    26 septembre 2023 | International, Aérospatial

    Griffon, Textron advance in Army’s Future Tactical UAS competition

    Northrop, Sierra Nevada were eliminated in the competition to replace the service's Shadow Unmanned Aircraft Systems fleet.

  • Pratt & Whitney wins $4.4 billion contract for F-35 engines

    17 juin 2022 | International, Aérospatial

    Pratt & Whitney wins $4.4 billion contract for F-35 engines

    The bridge contract is intended to keep F135 engines in production until Pratt & Whitney and the Pentagon wrap up the next formal contract for engines.

Toutes les nouvelles