Johnson & Johnson, US Defense Dept. reach $260M deal on orthopedic devices — 4 takeaways

Adam Schrag -  

Johnson & Johnson was awarded a contract to supply the U.S. Defense Department with orthopedic devices, according to Mass Device.

Here are four things to know:

 

1. The one-year contract includes four additional one-year options.

 

2. The agreement's total maximum value is roughly $260.5 million.

 

3. Johnson & Johnson will supply the Army, Navy, Air Force, Marine Corps and federal civilian agencies with orthopedic products.

 

4. The agreement took place on Sat., April 27, 2017, and will expire on April 27, 2022.  

 

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