829 Middlesex Turnpike
Billerica, MA 01821
CEO: Anthony Fabiano
Stock Symbol: ASEI
AS&E, which stands for American Science
& Engineering, develops X-ray inspection systems that are
used by governments and corporations around the world to combat
terrorism, drug and weapons smuggling, illegal immigration, and
The company's patented technology, Z Backscatter,
creates photo-like X-ray images revealing the threats that other
systems might miss, including explosives, plastic weapons, and
Other technologies include: ForwardScatter, Shaped Energy, and Radioactive Threat Detection (RTD). These technologies offer superior detection of threats including explosives, liquids, weapons, illegal drugs and other contraband, dirty bombs and nuclear devices.
The company's client base
includes the U.S. Department of Homeland Security (including
U.S. Customs and Border Protection) and the U.S. Department of
Defense, among numerous other federal agencies. International
customers include Her Majesty's Customs & Excise (UK), Hong
Kong Customs, the Royal Thai Police (Thailand), New Zealand Customs,
and the Port of Sokhna (Egypt).
The technology can be used to inspect cargo
and vehicles, mail, parcels and baggage as well as people.
For fiscal 2011, AS&E reported revenues of $278.5 million, a 15% increase. Net income was a record $42.8 million.
Formed in Cambridge, MA in 1958, AS&E
began as a developer of scientific instruments and applications
for NASA. In 1959, Dr. Riccardo Giacconi joined AS&E and
created an X-ray astronomy team. In the coming decades, Dr. Giacconi's
team made a succession of pioneering discoveries and developments
in the field of X-ray technology, including the discovery of
the first known X-ray source outside the solar system (1962),
the first successful soft X-ray photograph of the sun (1965),
the launch of the first satellite dedicated completely to X-ray
astronomy (1970), and the launch of the Einstein Observatory
- world's largest X-ray telescope (1978). Dr. Giacconi's pioneering
work at AS&E later earned him the Nobel Prize in Physics.
AS&E employees are offered a comprehensive health care plan
designed to provide medical coverage to employees and their families
in times of illness, as well as to provide more routine care
in times of health.
Our dental insurance covers a full range of preventive, basic,
and restorative services. Employees and their families are eligible
for this coverage.
AS&E employees are eligible for short- and long-term disability
coverage. These plans are designed to defray the financial stress
associated with a long absence from work.
All AS&E employees are automatically covered by life and
AD&D insurance. Supplemental life insurance and dependent
life insurance are also available as options.
Our comprehensive 401(k) plan offers a variety of investment
funds. There is a quarterly stock-matching program based on company
AS&E provides eligible employees with 100% tuition reimbursement
for approved courses.
Paid Time Off
AS&E employees are given time off through a number of plans:
vacation, holiday, sick, and personal time.
AS&E also offers travel accident insurance, a flexible spending
program, and a variety of other fringe benefits.