Looking to smooth out the lumpiness in American Science and Engineering’s [ASEI] revenues and create sustainable growth in the next two to three years, the company’s new chief has outlined two key growth areas. Charles Dougherty, who became AS&E’s president and CEO in April, tells investors that at $250 million to $300 million in annual sales, the company can gain “tremendous leverage” from the business as it scales. “So clearly enhancing our financial profile as we scale the business is…
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Congress Updates
Senators Push Navy Against Single Destroyer Request In FY ’27
The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]
Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition
The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]
Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections
The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]
Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase
The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]
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