Medtronic (NYSE:MDT) has won a maximum $150 million contract with the U.S. Dept. of Defense to supply it with radiology and imaging systems, according to a recent DoD release.
Through the deal, the Fridley, Minn.-based medtech giant will supply the Army, Navy, Air Force, Marine Corps and associated federal civilian agencies with radiology and imaging systems, subsystems and components as well as maintenance services, training and incidental services related to equipment purchase.
The contract, which was competitive and saw a total 51 responses, has a five-year base with a single five-year option period, according to the DoD release.
The location of performance for the contract is listed as Minnesota, with a performance completion date of June 3, 2024.
On Monday, Medtronic issued another select recall of its Endo GIA surgical staplers, this time for single use loading units, Tri-Staple 2.0 intelligent reloads and cartridges over potential missing components, the company said in a recently posted urgent field safety notice.