HHS Announces Ventilator Contract with Philips under Defense Production Act

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HHS Announces Ventilator Contract with Philips under Defense Production Act
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NEWS: HHS announces a contract for ventilator production to Philips, for 2,500 ventilators to the Strategic National Stockpile by the end of May 2020 and a total of 43,000 ventilators by the end of December 2020.

The Department of Health and Human Services announced the second contract for ventilator production rated under the Defense Production Act , to Philips. Philips’s contract, at a total contract price of $646.7 million, is for a production schedule allowing for the delivery of 2,500 ventilators to the Strategic National Stockpile by the end of May 2020 and a total of 43,000 ventilators to be delivered by the end of December 2020.

The five other firms will receive rated contracts in the coming week.“President Trump’s bold use of the Defense Production Act is activating America’s industrial base to produce the medical equipment we need to combat the coronavirus. The DPA is allowing the federal government to work with manufacturers, such as Philips, to accelerate production of ventilators and ensure that they go where they’re needed most.

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