By Chris Walker
The U.S. Defense Dept. issued $83.9 million worth of contracts to 4 medical device companies, according to the agency’s daily press release.
Cardinal Health (NYSE:CAH) was the biggest recipient, with the government exercising a 4th-year contract option with the Illinois-based company, for more than $40 million. The contract is for "various medical and surgical products."
Diagnostics company Abaxis is in line for $21.4 million from a 14-month contract, also for "various medical and surgical products," according to the release. Henry Schein (NSDQ:HSIC) pulled down a $13 million deal, after seeing its 4th-year contract option taken up for dental equipment. Infusion pump maker Hospira (NYSE:HSP) earned a $9.3 million, 8th-year option, for "various pharmaceutical products," according to the release.