Special Report

30 Companies With the Largest COVID-19 Government Contracts

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30. Ajinomoto Althea, Inc.
> Max. value of contracts won during COVID-19: $203.2 million
> Largest federal agency customer: Department of Homeland Security ($203.2 million)
> Total amount paid to date: $3.2 million (1.6% of potential total)
> Industry: Biotechnology and pharmaceuticals

San Diego-based Ajinomoto Althea, Inc. is one of several biotech companies to rank on this list. On May 4, 2020, the company was awarded a $200 million dollar contract with the Federal Emergency Management, or FEMA, a subdivision of the Department of Homeland Security (DHS). The contract, which is set to expire on Oct. 1, is for medical supplies, equipment, and services related to the COVID-19 pandemic response.

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29. Gemini Bioproducts Inc.
> Max. value of contracts won during COVID-19: $203.7 million
> Largest federal agency customer: Department of Homeland Security ($203.7 million)
> Total amount paid to date: $3.7 million (1.8% of potential total)
> Industry: Biotechnology and pharmaceuticals

Gemini Bio is a California-based biotech company that manufactures and distributes cell culture media for different research, including cell and gene therapy research, to academic research and across the pharmaceutical industry. During the COVID-19 pandemic, the company has been assisting its customers in four primary areas: cell culture, viral harvesting and transport, research tools, and instruments for analysis. The company was awarded during the pandemic a contract with the DHS that could be worth as much as $200 million.

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28. Hardwood Products Company LP
> Max. value of contracts won during COVID-19: $204.1 million
> Largest federal agency customer: Department of Homeland Security ($202.0 million)
> Total amount paid to date: $4.1 million (2.0% of potential total)
> Industry: Medical equipment and devices

Hardwood Products Company is a division of Puritan Medical Products, one of the country’s leading manufacturers of specialty medical equipment including tongue depressors and tipped applicators. During the pandemic, the company was awarded contracts with the DHS and the Department of Health and Human Services that, combined, could be worth as much as $204.1 million. The contracts include $75 million from the Defense Production Act to ramp up production of the company’s foam-tip swabs from 40 million per month to 60 million.

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27. Becton Dickinson and Company
> Max. value of contracts won during COVID-19: $217.0 million
> Largest federal agency customer: Department of Homeland Security ($202.8 million)
> Total amount paid to date: $16.9 million (7.8% of potential total)
> Industry: Medical instruments and supplies

Becton Dickinson and Company is a New Jersey-based medical instrument manufacturer with an annual revenue of about $17.3 billion. According to the company, its products play a role in care delivery for nine out of every 10 American hospital patients. During the COVID-19 pandemic, the company has been supplying customers with sample collection products such as swabs, and is also launching molecular COVID-19 tests that can be conducted in a hospital, rather than an external lab.

The company’s contracts with the federal government total $217 million in value. Some of it is through the U.S. Food and Drug Administration — which is part of the HHS — for its COVID-19 diagnostic tests.

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26. San Mar Corporation
> Max. value of contracts won during COVID-19: $217.0 million
> Largest federal agency customer: Department of Health And Human Services ($217.0 million)
> Total amount paid to date: $217.0 million (100% of potential total)
> Industry: Apparel

The San Mar Corporation is an apparel and accessory distribution company that manufactures t-shirts, hats, bags — and now washable and reusable face masks. On May 8, 2020, the company was awarded a $217 million contract with the HHS to supply face cloth coverings.