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Thermo Fisher Wins $233.6 Million Pentagon Contract

Thermo Fisher Scientific (NYSE: TMO  ) snagged a sizable equipment contract from the Department of Defense Monday. In its daily list of contract award announcements, the DoD confirmed that it has reupped a fixed-price with economic-price-adjustment supply agreement with TFS subsidiary Fisher Scientific for a fourth and final option year, ending May 3, 2014.

Fisher Scientific will serve as distributor of laboratory supplies and wares to the U.S. Army, Navy, Air Force, Marine Corps, and federal civilian agencies using the Laboratory Electronic Catalog. The maximum value of this option exercise to Fisher Scientific is $233.6 million. 


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Rich Smith
TMFDitty

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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7/28/2015 1:52 PM
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