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.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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