WASHINGTON (Sputnik) — Tesla Industries has received a contract worth more than $7.7 billion from the Defense Logistics Agency (DLA) to supply the U.S. military and navy with batteries over the next three years, the Defense Department said in a statement. announced a press release.
“Tesla Industries” [of] New Castle, Delaware has been awarded a contract of up to $7,739,781 for battery power supplies,” the press release said on Friday.
The deal is a three-year basic contract with two one-year option periods, the Defense Department noted.
The achievement completion date is September 15, 2025, the release added. The contract will be overseen by the DLA Land and Maritime offices in Columbus, Ohio, the department added.