Thermo Fisher Wins $233.6 Million Pentagon Contract

By Rich Smith – Apr 29, 2013 at 10:51PM

NYSE: TMO

Thermo Fisher Scientific

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Fourth option year on a five-year contract ends with a bang.

Thermo Fisher Scientific (TMO -0.98%) 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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