American Science and Engineering, Inc. (AS&E) (Nasdaq:ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today that it has received a multi-year Indefinite Delivery Indefinite Quantity (IDIQ) contract from a government agency, valued up to $60 million, for the service and maintenance of its AS&E X-ray inspection systems in support of counter-drug and anti-terrorism missions.The first task order has been funded for $11.2 million. AS&E will provide support services including all maintenance services, logistics, parts, and program management required to sustain the agency's inspection systems.
"This new contract will ensure that our valued customer's detection systems continue to perform at optimal levels," said Chuck Dougherty, President and CEO of AS&E. "With countless seizures reported, AS&E systems have proven their ability to quickly and safely find threats and contraband in trucks and passenger vehicles. We have worked closely with our client to meet their requirements, and we are very proud to continue to play an important role in their critical counter-drug and anti-terrorism missions."
Source: American Science and Engineering Inc.
Date: Jul 3, 2013