Friday, October 2, 2009

$3.9 million upfront for resuscitation devices

ZOLL Medical Corporation, a manufacturer of resuscitation devices and related software solutions, has been awarded a contract for Airworthy CCT defibrillators by the U.S. Defense Logistics Agency. If fully exercised, the potential revenue from the contract could approximate $30 million. The services that can order units against this contract are Army, Navy, Air Force, Marine Corps, and federal civilian agencies. The Department of Defense will provide an upfront payment of $3.9 million for ZOLL to procure parts to build units to comply with inventory requirements.


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