Tag Archives: American Science and Engineering

OSI Subsidiary Awarded Potential $140M CBP Screening Tech Contract Pair

An OSI Systems subsidiary has received a pair of contracts worth up to $140 million combined from the Customs and Border Protection agency for the supply of cargo and vehicle screening systems. OSI said Monday one potential two year, $64 million contract for American Science and Engineering covers deliveries of its Z Portal drive-through cargo and vehicle inspection system that works to provide …

Read More »

OSI Systems Buys American Science & Engineering to Grow Security Tech Portfolio

Hawthorne, California-based OSI Systems (Nasdaq: OSIS) has bought inspection systems provider American Science and Engineering for approximately $269 million, or $37.00 per share in cash. The transaction adds AS&E’s screening technology platforms into OSI Systems’ portfolio of security offerings such as the Z Backscatter Van X-ray backscatter-based technology and the MINI Z portable backscatter-based inspection system,  OSI Systems …

Read More »