American Science and Engineering (AS & E)2010-06-28 13:54:32
American Science and Engineering, Inc. Receives $6.7 Million U.S. Government Order for ZBV Military Trailers
U.S. Government Exercises Option for Multiple ZBV Military Trailers
American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today the receipt of a $6.7 million order for multiple ZBVâ„¢ Military Trailers (ZBV Mil Trailers). AS&E announced the initial funded award in April 2010 valued at $34.0 million. This latest order brings the total funded amount to $40.7 million with a potential value of up to $48.8 million.
The ZBV Mil Trailer is a ruggedized version of AS&E's top-selling Z Backscatterâ„¢ Van (ZBV) system and is ideal for screening vehicles for car and truck bombs. The easily relocatable ZBV Mil Trailer will be deployed by the U.S. government for counterterrorism missions in harsh environments.
"This option requirement for additional units to our initial award demonstrates ZBV Mil Trailer's outstanding performance record in meeting the U.S. government's critical need for force protection and explosive detection," said Anthony Fabiano, President and CEO. "We are proud to support the U.S. government's mission overseas for high risk counterterrorism operations, and we are very grateful for the repeat business from this key customer."
U.S. Government Exercises Option for Multiple ZBV Military Trailers
American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI), a leading worldwide supplier of innovative X-ray detection solutions, announced today the receipt of a $6.7 million order for multiple ZBVâ„¢ Military Trailers (ZBV Mil Trailers). AS&E announced the initial funded award in April 2010 valued at $34.0 million. This latest order brings the total funded amount to $40.7 million with a potential value of up to $48.8 million.
The ZBV Mil Trailer is a ruggedized version of AS&E's top-selling Z Backscatterâ„¢ Van (ZBV) system and is ideal for screening vehicles for car and truck bombs. The easily relocatable ZBV Mil Trailer will be deployed by the U.S. government for counterterrorism missions in harsh environments.
"This option requirement for additional units to our initial award demonstrates ZBV Mil Trailer's outstanding performance record in meeting the U.S. government's critical need for force protection and explosive detection," said Anthony Fabiano, President and CEO. "We are proud to support the U.S. government's mission overseas for high risk counterterrorism operations, and we are very grateful for the repeat business from this key customer."
For more information contact:
829 Middlesex Turnpike
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MA 01821
United States of America
Tel: +1 978 262 8700
Fax: +1 978 262 8803
