OSI Systems Inc., which makes a variety of electronic products for the security and health care industries, said it has won a small but promising order for its X-ray baggage screening technology.
The Hawthorne-based company's security division, Rapiscan Systems, received a $5 million contract last week from "an undisclosed international aviation customer" for its MVXi system, which can detect concealed weapons and other problem objects in carry-on bags.
The system provides multiple viewing angles while scanning passengers and bags, which is considered more efficient and thorough than traditional X-ray systems.
The company has won several contracts with the Federal Aviation Administration for its airport security checkpoint technology, and Rapiscan President Ajay Mehra said it is in talks with several international customers for its passenger screening systems.
Rapiscan reported $186 million in revenue last year.
OSI is also in the process of increasing its ownership of its medical device-making subsidiary, Spacelabs Healthcare.
Earlier this month, OSI bought more than 3 million shares of Spacelabs' stock, increasing its ownership from 84 percent to about 90 percent. Executives recently said the company plans to purchase the remaining outstanding stock for approximately $15 million to make Spacelabs a wholly owned subsidiary of OSI.
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