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Pentagon awards billion-dollar contracts to FedEx, UPS, Polar Air

The US Defense Department has awarded five-year delivery contracts to FedEx, UPS and Polar Air worth nearly $5 billion in total.

Federal Express was awarded a five-year $2.35 billion delivery service contract covering express small package delivery services for international shipments and express and ground small package delivery services for domestic shipments.  Services include time-definite, door-to-door pickup and delivery, transportation, timely and accurate in-transit visibility, and customs clearance processing (if applicable).  

Similarly, UPS was awarded a five-year $2.35 billion delivery service contract, covering express small package delivery services for international shipments and express and ground small package delivery services for domestic shipments.  
 
Polar Air Cargo was awarded a smaller five-year $199 million contract for express small package delivery services for international shipments.

All three contracts will run until September 2022.

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