Stryker lands Defense Department contract worth up to $85M (Mass Device)
The U.S. Department of Defense hands Stryker a 1-year contract worth up to $85 million for hip and knee products.
Stryker (download 4-page analysis of Stryker HERE) and the U.S. Department of Defense inked an deal for the company's hip and knee orthopedic products, valued at a maximum of $85.5 million.
Stryker's "procedural packages," which include the entire surgical kit of implants, instrument sets and other associated devices, will go to the U.S. Army, Navy, Air Force and Marine Corps, according to a DoD notice.
The D...