Wellco awarded $19.9 million contract

19/07/2006
US-based Wellco Enterprises, Inc. has been awarded a $19.9 million US Department of Defense contract to provide boots for the Army and Air Force.

This contract relates to an option exercise under an existing contract and is an indefinite quantity contract. The subject contract, which was awarded three years ago, consists of a one-year base period and four one-year option periods. The option exercise is for a minimum of $880,000 and a maximum of $19.9 million.