other material
confidence high
sentiment positive
materiality 0.70
Emergent BioSolutions wins $235.8M DoD contract for BioThrax anthrax vaccine
Emergent BioSolutions Inc.
- IDIQ contract with U.S. DoD and JPEO-CBRND valued up to $235.8M to supply BioThrax for military PrEP.
- Contract includes 5-year base ending Sep 30, 2028, plus a 5-year option extending to Sep 30, 2033.
- Guaranteed minimum purchase of $20.1M in first year; estimated at least $20M per year thereafter.
- Paul Williams, senior VP products head, notes contract reinforces Emergent's medical countermeasures portfolio.