American Science & Engineering [ASEI] 1Q15 1Q14 Sales $35.5M $43.1M Net Inc. $1.5M, 0.18 $4.9M, 0.62 The top line fell 18% due primarily to lower sales from services and cargo scanning systems, which were partially offset by an increase in revenue from the company’s Z Backscatter Van mobile cargo systems. Service revenues were down due to the switch to a subcontractor role in war zone operations. Company officials say that sales and bookings were hampered by ongoing violence in…
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Congress Updates
Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far
Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]
Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps
The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]
Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters
Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]
HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase
NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]
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