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Masimo wins $36m Defense Dept. contract

May 9, 2016

Masimo won a contract from the U.S. Defense Dept. worth nearly $36 million for its pulse oximeters.

The 5-year deal calls for Irvine, Calif.-based Masimo to provide the devices to the U.S. Army, Navy, Air Force, Marine Corps and federal civilian agencies.

Masimo won out over 84 other bidders for the contract, the Defense Dept. said.

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