OSI Systems' CFO Alan Nedrick highlighted the company's strong market position in security, particularly in ports and borders, while acknowledging challenges in aviation. With a net leverage of 2.1, the firm aims to convert nearly all free cash flow to net income, focusing on disciplined capital allocation, including stock buybacks and potential M&A. Geopolitical events, such as conflicts, may create future opportunities for security equipment sales, despite current uncertainties in various markets.