Stryker to supply Dept. of Defense with orthopedic devices for $486.3M — 3 key notes

Spinal Tech

Kalamazoo, Mich.,-based Stryker Orthopaedics Corp. has landed a deal with the Defense Logistics Agency which calls for the medical devices and

equipment manufacturing firm to supply the Department of Defense with orthopedic devices.

Here are three things to know:

 

1. The contract, which is potentially worth $486.3 million, calls for Stryker to supply the U.S. Department of Defense with orthopedic products.


2. Stryker will supply the orthopedic precuts to the Army, Navy, Air Force, Marine Corps and federal civilian agencies.


3. The contract is for one year, with four subsequent one-year option periods. It will be funded from fiscal year 2017 through fiscal year 2022

defense working capital funds.

 

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