Philips‘ healthcare business has won a potential 10-year, $450M contract with the Defense Logistics Agency to provide patient monitoring systems, accessories and training services to U.S. service branches and federal civilian agencies.
DLA received 36 responses for the firmfixedprice, indefinitedelivery/indefinitequantity contract and will finance the procurement using working capital funds allotted for fiscal year 2019 through fiscal 2024, the Department of Defense said Friday.
The base period of performance runs through March 28, 2024, and work could extend by five more years if all options are exercised.
