Applied DNA Sciences Inc., (NASDAQ:APDN, “Applied DNA,”), the leader in large-scale PCR-based DNA manufacturing, announced today the signing of a new contract to continue uninterrupted service of the Company’s DNA marking program at the Defense Logistics Agency’s (DLA) Land and Maritime’s Product Test Center (PTC) in Columbus, Ohio. The firm fixed price, indefinite delivery contract (IDC) was awarded on September 6th and spans a two-year period of performance. In addition, the contract allows for a one-year option period to be exercised at the discretion of DLA. The contract outlines the Company’s provision of supplies and services, including creation of unique DNA marks in various inks, QC authentication testing and training. These services and supplies directly support DLA’s counterfeit prevention initiatives, product verification and testing programs specific to FSC 5962 microcircuits in place at the Agency.
“We appreciate the DLA’s continuing support of our taggant technology platform in extending this contract for the marking of system-critical microcircuits,” stated Janice Meraglia, Vice President of Government and Military Programs at Applied DNA. “It is our honor to be part of DLA’s Warfighter First mission that is dedicated to supporting the men and women that protect our country.”
Key data points: The growth forecast = 7.2% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in aerospace fastener market to 2031 by aircraft type (commercial, business & general aviation, and military), product (bolts, nuts, screws, rivets, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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