Orthopedic device company Arthrex Inc. has landed a $255 million contract from the U.S. Department of Defense.
The five-year contract authorizes Arthrex to sell “medical devices and accessories” to the Army, Navy, Air Force, Marine Corps, and federal civilian agencies. The government contract notice did not describe the items further.
Arthrex competed against 57 companies for the contract, issued by the Defense Logistics Agency Troop Support unit in Philadelphia. The company will make the products in Florida, with a completion date of August 28, 2019, the notice said. The contract allows for economic price adjustments but has no option for extension.
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