Philips’ Medical Systems Subsidiary Lands $77M Contract Modification From DLA

Philips‘ medical systems subsidiary has landed a $77 million contract modification from the Defense Logistics Agency for continued training and delivery of patient monitoring systems, subsystems, accessories, spares and repair parts.

Defense Logistics Agency Troop Support has exercised the seventh of nine one-year option periods under the contract with an initial one-year base period, the Defense Department said Friday.

Philips Medical Systems will provide the services under the contract to the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps and federal civilian agencies through March 29, 2017, DoD added.

DLA Troop Support will obligate funds from fiscal years 2016 and 2017 defense working capital.