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American Science & Engineering Wins Government X-Ray Work

American Science & Engineering (NASDAQ: ASEI  ) announced today that the government has awarded it an optionable contract to service and maintain, and provide spare parts for, its fleet of X-ray detection systems. These systems include airport devices for examining passengers prior to boarding, cargo inspection systems for use at ports, and even the company's Z Backscatter vans for mobile inspection of suspicious objects.

The company said that if all options are exercised, the contract should be worth up to $12.4 million to the company. That would work out to about 6.8% of the company's annual revenues.

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DocumentId: 2628680, ~/Articles/ArticleHandler.aspx, 9/30/2016 11:45:24 PM

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ASEI $0.00 Down +0.00 +0.00%
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