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Philips to Provide Patient Monitoring Systems Under $77M DLA Contract Modification

medical health doctorTYSONS CORNER, VA, March 29, 2016 — A Philips (NYSE: PHG) subsidiary will continue to supply patient monitoring systems, accessories and spare parts to the U.S. military under a $77 million contract modification from the Defense Logistics Agency, ExecutiveBiz reported Monday.

The Defense Department said Friday Philips Medical Systems will also provide training on the systems to the service branches as part of the seventh one-year option DLA exercised under the original contract with the company.

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David Smith
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