U.S. Defense Logistics Agency, the Pentagon, has announced it is awarding a five-year, $420 million contract to Intuitive Surgical to supply it with an unspecified number of surgical robots, instruments and their related accessories. It is reported that 105 companies applied for the contract, and Intuitive Surgical successfully beat them all.
The contract has been described as a one-off “five-year contract with no option periods.” However, it actually mirrors an earlier contract awarded in March 2015. Judging from the lack of other mentions of Intuitive Surgical on the Pentagon’s contracts website, that 2015 award appears to have been the first time that the Pentagon awarded a large contract to Intuitive Surgical.
Read Rich Smith’s article in full here: