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American Science and Engineering, Inc. Receives $13.1 M Service and Maintenance Renewal Contract from U.S. DoD for ZBVs
(Billerica, Mass., September 28, 2007) -- American Science and Engineering, Inc. (AS&E(R)) (NASDAQ: ASEI), a leader in X-ray detection technology, announced today the receipt of a service renewal contract from the U.S. Department of Defense (DoD) for $13.1 million to support their fleet of Z(R) Backscatter Vans(TM) (ZBV(TM)). This contract is a renewal of AS&E service, support, and labor warranty for a significant quantity of Z Backscatter Vans, the majority located in high-risk areas.
"AS&E is pleased to continue supporting DoD's fleet of Z Backscatter Vans overseas for the third year," said Anthony Fabiano, President and CEO. "Maintaining these ZBVs at peak performance for counterterrorism missions is a high priority for our Field Service Organization and we continue to receive very positive field reports on the ZBV and our service providers. This latest order demonstrates DoD's confidence in AS&E's commitment to providing best-in-class technology, service, and support."
Source : American Science and Engineering Inc.
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