Leading worldwide supplier of innovative X-ray inspection
American Science & Engineering Inc.
) recently procured an U.S. government contract worth $2.6
million for the regular upkeep of its cargo X-ray inspection
systems. The contract entails American Science & Engineering
to provide service and maintenance for Z Portal and ZBV systems
that are typically used for cargo and vehicle screening purposes.
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The Z-Portal inspection systems are engineered to detect
concealed threats and contraband such as explosives, drugs,
weapons, or alcohols by scanning cars, vans, trucks, or any other
cargo-laden vehicles. The devices are adept for high-traffic
locations with space constraints and high-throughput
The products employ an indigenously built and patented Z
Backscatter technology to produce photo-like images of the
contents of a container or vehicle, highlighting organic
materials that reveal potentially hazardous or threat items.
Consequently, the products play an integral part in protecting
high-risk zones and in combating terrorism and trade fraud, drug
smuggling, weapon smuggling and illegal immigration.
With a full-range of cutting-edge industry-proven security
screening solutions, American Science & Engineering has
carved out a niche for itself in the market and serves premier
government agencies, border authorities, military bases, airports
and corporations worldwide, including the U.S. Department of
Homeland Security, U.S. Department of Defense, U.S. Customs and
Border Protection, and North Atlantic Treaty Organization.
The current maintenance contract from the U.S. government
agencies further reinforces American Science & Engineering's
leading position in the market. A regular maintenance of the
products also help in securing facilities and critical
infrastructure that are essential to the function of
corporations, governments and national defense organizations
around the world.
However, American Science & Engineering faces stiff
competition from other bigwigs in the industry such as
Koninklijke Philips Electronics NV
Universal Electronics Inc.
), each carrying a Zacks Rank #2 (Buy). American Science &
Engineering presently carries a Zacks Rank #3 (Hold).