Arthrex wins $375m DoD deal (MassDevice)
The U.S. Defense Dept. yesterday awarded a contract worth up to $375 million to Arthrex for hospital equipment and accessories.
The five-year contract is a fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract with the Pentagon’s Defense Logistics Agency.
The deal was a competitive acquisition, with 89 responses received and 21 contracts awarded. The U.S. Army, Navy, Air Force, Marines and other federal organizations can access the Arthrex offerings via the Defense Logistics Agency’s electronic catalog, the Defense Dept. said.
Arthrex earlier this month lost a round in its long-running battle with Smith & Nephew over surgical suture anchor patents.
Arthrex has won a five-year, $375M contract to provide hospital equipment and accessories for the Defense Logistics Agency’s electronic catalog.
DLA received 89 responses for the indefinite-delivery/indefinite-quantity contract via a competitive bidding process and has awarded a total of 21 related contracts to date, the Department of Defense said Thursday.
The U.S. Army, Navy, Air Force and Marine Corps as well as federal agencies can order medical equipment via the ECAT platform.
DOD expects contract work to be finished by Sept. 1, 2024.