Spacelabs Healthcare Wins Potential $450M DLA Patient Monitoring Tech Supply IDIQ

OSI Systems‘ (Nasdaq: OSIS) Spacelabs Healthcare subsidiary has won a potential 10-year, $450M contract to provide patient monitoring systems, accessories and training services to U.S. military branches and federal civilian agencies.

The Defense Logistics Agency awarded the indefinite-delivery/indefinite-quantity contract that contains a five-year base period and one five-year option, the Department of Defense said Friday.

DLA received 36 proposals for the procurement effort and will use defense working capital funds from fiscal year 2018 through fiscal 2023 to pay for the purchases.

Washington-based Spacelabs Healthcare also offers healthcare connectivity, anesthesia delivery and diagnostic cardiology products worldwide.

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