Emergent awarded $379M+ to supply the DOD with a skin decontamination lotion
Maryland-based manufacturer Emergent BioSolutions is kicking off the new year with a multimillion-dollar contract to supply a lotion used in case of chemical attacks.
Emergent said on Thursday that it has inked an “indefinite-delivery” and “indefinite-quantity” procurement contract to supply RSDL kits, or reactive skin decontamination lotion, for use by all branches of the US military. The contract’s value is worth up to $379.6 million, and Emergent’s Canadian subsidiary will serve as the subcontractor to supply the lotion kits to the DOD. Emergent’s stock $EBS was up around 9% on Friday afternoon.
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