Ford, GE get $336 million HHS contract to build 50,000 ventilators [FOX News]
General Motors Company (GM)
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Source: FOX News
closeVideoFord promises to produce 50,000 ventilators in fight against coronavirusFord Motor Company's Jim Baumbick on how Ford plans to help alleviate the shortage of ventilators in hospitals.(Ford)The order comes under the terms of the Defense Production Act (DPA) and calls for50,000 unitsFord and GE announced in March that they were teaming upThe Airton Model A-E is a relatively basic model that costs roughly $7,000 and is sufficient for treating COVID-19 patients, according to Tom Westrick, GE Healthcare vice president and chief quality officer. It is compatible with masks and intubation and operates pneumatically via its oxygen supply without the need for electricity.HHS has also awarded a $489.4 million contract to General Motors and Ventec to supply 30,000 critical-care ventilators for the national stockpile.CLICK HERE TO GET THE FOX NEWS APP
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