Canon Subsidiary Wins $111 Million Government Contract

The U.S. Department of Defense (DoD) Defense Logistics Agency is renewing its contract with Virtual Imaging Inc for another year for just over $111 million. The Deerfield, Fla., company is a subsidiary of Canon Inc that is now halfway through an eight-year agreement to provide radiology systems, subsystems, and components to the DoD for a fixed price. Each year, the DoD has the option to renew for a one-year period. Read the DoD release.