American Science & Engineering (ASEI +7.8%) scores a $245M contract for x-ray inspection...

|About: American Science and Engine... (ASEI)|By:, SA News Editor

American Science & Engineering (ASEI +7.8%) scores a $245M contract for x-ray inspection systems from the Department of Homeland Security, more than doubling ASEI's FY 2012 total revenue. Stifel Nicolaus calls the pact a "breakthrough," even as ASEI itself says "while we are very pleased with the award... this is the very early stages of the process."