Samsung ’ s NeuroLogica wins $250m US DoD radiology supply contract

Samsung Electronics (LON:BC94) subsidiary NeuroLogica won a $250 million maximum firm-fixed-price contract to supply the US Dept. of Defense with radiology systems, accessories and training, according to a newly posted release. The contract for the Danvers, Mass.-based subsidiary is located in Massachusetts and has a five-year base and an additional five-year option period, according to the release. A total of 50 companies competed for the acquisition, which comes with a performance completion date of August 2, 2028. The contract will serve the US Air Force, Army, Navy, Marine Corps and federal civilian agencies, according to a DoD release. In March, Samsung subsidiary NeuroLogica said it won FDA 510(k) clearance for its RS85A ultrasound device. The post Samsung’s NeuroLogica wins $250m US DoD radiology supply contract appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News Imaging NeuroLogica Corp. samsung Source Type: news