American Science and Engineering [ASEI] 4Q10 4Q09 FY10 FY09 Sales $71.3M $57.3M $242.1M $218.4M Net Inc. $12.3M, 1.34 $8.2M, 0.92 $36.2M, 3.97 $28.4M, 3.18 Net income increased 51% in the final quarter on a 24% boost in sales to a quarterly record. Sales increased across all product categories, driven by 45% gains for cargo ($23.1M total) and Z Backscatter Van ($17.4M) systems and a 43% jump in parcel ($5.1M). AS&E's Gemini X-Ray system, which makes up the parcel category, is…
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Congress Updates
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Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]
Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says
The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]
Trump Wants Second Reconciliation Bill On His Desk By June 1
President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]