Print
Email
Print Edition StoriesAmerican Science and Engineering Inc. reports it has landed $25 million from an unnamed Middle Eastern country for its cargo inspection systems.
Under the deal, a modification to a previously won contract, AS&E (Nasdaq: ASEI) will provide its Z Portal cargo and vehicle screening and OmniView Gantry cargo inspection systems for scanning vehicles and trucks entering a high-risk facility in the Middle East for explosive threats and contraband.
May has been a busy month for AS&E as well as for its unnamed customers. Last week, the Billerica-based company landed $2.2 million from an unnamed European customs agency for service and maintenance on cargo X-ray inspection systems. The contract was a renewal with a long-standing relationship with the unnamed customer, AS&E said.
Earlier this month, AS&E landed $4.7 million from an unnamed law enforcement agency for its cargo screening vans. Under the contract, the company will deliver multiple Z Backscatter Vans to the agency. AS&E said the vans will be used to scan vehicles at border crossings and other checkpoints to detect illegal drugs and other contraband.
Also this month, AS&E won a $6.3 million follow-on order from an unnamed client in the Middle East for an unspecified number of its Z Portal cargo and vehicle screening systems.
AS&E reported a fiscal 2008 net income of $17.5 million on revenue of $166.7 million.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
RSS Feeds
