DOD Announces Three Companies to Receive $133 Million in DPA Funds
Posted on Apr 21, 2020 07:04 pm
Companies awarded Defense Production Act contracts to produce over 39 million N95 masks over the next 90 days are: 3M ($76 million), O&M Halyward ($29 million) and Honeywell ($27.4 million).
“The increased production will ensure the U.S. Government gets dedicated long-term industrial capacity to meet the needs of the nation,” said the Department of Defense in a recent press release.
3M said it will add 78 million masks within six months, with O&M Halyward and Honeywell producing 25 million and 38 million accordingly in the same time frame.
The Defense Production Act (DPA) Title III is a 1950 law giving the President of the United States broad authority to ensure timely availability of essential domestic industrial resources to bolster national defense and homeland security.
Photo by U.S. Navy/Mass Communication Specialist 2nd Class Derek Paumen
Post courtesy of the Association of Defense Communities