U.S. Government awards one-year $13.5 million IDIQ contract to OSI Systems

OSI Systems, Inc.Oct 23 2009

OSI Systems, Inc. (NASDAQ:OSIS), a vertically-integrated provider of specialized electronic products for critical applications announced that its Healthcare Division, Spacelabs Healthcare, has been awarded a one-year $13.5 million Indefinite Delivery Indefinite Quantity (IDIQ) contract from the U.S. Defense Supply Center Philadelphia Medical Supplier Operations Directorate to provide patient monitoring systems, sub-systems, training and consumables.

OSI Systems Chairman and CEO, Deepak Chopra, stated, “We are pleased to be working closely with the DSCP on this procurement. The award highlights our broad product portfolio with approximately 25 products named in the IDIQ not including the consumables. Products provided will be distributed nationally to all branches of the U.S. armed forces in addition to other U.S. government agencies.”