Here are four things to know:
1. The contract allows Johnson & Johnson to supply spinal implant devices to the U.S. Air Force, U.S. Marines, U.S. Coast Guard, U.S. Navy, U.S. Army and federal civilian agencies.
2. The contract must be fulfilled by July 26, 2023.
3. The contract comes with a one-year base and four additional single year option periods.
4. The maximum $227.6 million amount is for the life of the contract.
More articles on devices:
Zimmer Biomet records $2B in Q2 sales: 5 details
CarboFix spine screw system receives FDA clearance: 3 things to know
Orthopedic devices market estimated to hit $65M by 2026: 4 key report takeaways
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