Hologic (NSDQ:HOLX) has won a maximum $721.1 million firm-fixed-price contract for radiology systems from the US Department of Defense, according to a DoD release published yesterday.
The 5-year base indefinite-delivery, indefinite-quantity contract comes with one 5-year option period, according to the DoD release. Hologic was among 27 groups vying for the contract.
The Marlborough, Mass.-based company will supply the Air Force, Army, Navy, Marine Corps and federal civilian agencies with radiology systems, accessories and training, and has a completion date of April 5, 2022.
Late last month, Hologic said it closed its $1.65 billion acquisition of Cynosure Inc. (NSDQ:CYNO) and its portfolio of medical aesthetic products and devices.
Hologic paid $66 per share for a total of 17 million shares of Class A stock, representing approximately 70.6% of the company’s outstanding shares.
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