Hello, Guest!
  • Tuesday, April 16, 2024

GE Wins Potential $450M DLA IDIQ for Patient Monitoring Systems, Training Services


General Electric‘s (NYSE: GE) medical information technology business has won a potential 10-year, $450M contract to supply patient monitoring systems to U.S. military branches and federal agencies.

The company will also deliver related medical accessories and provide training services under the indefinite‐delivery/indefinite‐quantity contract from the Defense Logistics Agency, the Department of Defense said Friday.

DoD noted the base performance period will run through Jan. 10, 2024, and work may extend for an additional five years if the option is exercised.

Thirty-six responses were submitted to the agency via a competitive solicitation for the IDIQ.

Video of the Day

Related Articles

State Department Approves $350M Sale of MH-60R Engines to South Korea Contract Awards

State Department Approves $350M Sale of MH-60R Engines to South Korea

The South Korean government’s potential $350 million order for MH-60R multi-mission helicopter engines has been approved by the U.S. State Department. The Defense Security Cooperation Agency said Friday it submitted the certification requirements for the foreign military sale to Congress. General Electric (NYSE: GE) will be the lead contractor of the project, which includes six

Matt Bringman Named Chief Growth Officer at DecisionPoint Executive Moves

Matt Bringman Named Chief Growth Officer at DecisionPoint

Matt Bringman, formerly chief growth officer at Integrated Management Strategies, has taken on the same role at DecisionPoint, according to his LinkedIn post. He brings to the role over two decades of industry expertise in business development, program management and growth strategies. Prior to joining IMS, Bringman spearheaded growth initiatives at Tria Federal and Favor

GE Board OKs Spinoff of Energy-Focused Business GE Vernova; GE Aerospace to Launch in April Industry News

GE Board OKs Spinoff of Energy-Focused Business GE Vernova; GE Aerospace to Launch in April

The board of directors of General Electric (NYSE: GE) has cleared the planned spinoff of its portfolio of energy businesses, which will operate under the name GE Vernova, and expects the new independent entity to kick off trading on the New York Stock Exchange on April 2 using the ticker symbol “GEV.” In July 2022,