Sports Medicine

Arthrex wins $255M Defense Dept. contract

August 29, 2014 by Brad Perriello

Arthrex outbids nearly 60 competitors to win a contract with the U.S. Defense Dept. that’s worth $255 million.

Arthrex won a Pentagon contract worth $255 million, beating out nearly 60 other bidders for the deal, the U.S. Defense Dept. said yesterday.

The 5-year base contract for “medical items and accessories” went through a competitive bidding process that included bids from 57 other companies, the Pentagon said.

The fixed-price deal has no option periods but is subject to economic price adjustments, according to a press release.

The contract with Naples, Fla.-based Arthrex is for Army, Navy, Air Force, Marine Corps and federal civilian agencies and is slated to expire August 28, 2019, the Defense Dept. said.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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