Stryker Wins $486.3 Million Orthopedic Product Supply Contract

Stryker won a $486.3 million fixed-price contract with the US Department of Defense to supply the group with orthopedic products, according to a DoD release.

The fixed-price indefinite delivery and quantity contract with economic price adjustment will position the company to supply orthopedic supplies to the Army, Navy, Air Force, Marine Corps and federal civilian agencies.

The contract has a 1-year base with 4 1-year option periods, and the maximum dollar amount is for the full life of the contract, according to a press release.

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