Caterpillar has been selected to supply the U.S. government with more than $663.5 million worth of construction equipment, according to a Pentagon announcement.
The five-year, fixed-price contract comes from the Defense Department’s Defense Logistics Agency and has no option periods. Cat’s bid of $663,584,042 beat out three other manufacturers.
The contract will supply equipment to the U.S. Army, Navy, Air Force, Marine Corps and federal civilian agencies.
The Pentagon did not state which machines Cat will supply.
Here’s the full release:
“Caterpillar Inc., Peoria, Illinois, has been awarded a maximum $663,584,042 fixed-price with economic-price-adjustment contract for commercial construction equipment.
