The Defense Department announced Monday that a $ 3.3 billion contract was awarded to Moderna last week for the production of hundreds of millions of additional doses of its COVID-19 vaccine.
The DoD said the order is for 200 million doses of the company’s double-shot vaccine, which is slated for completion in March next year.
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The order comes as 62.5% of people aged 12 and over had received at least one dose of a vaccine, according to data from the Centers for Disease Control and Prevention updated on Monday. Almost 53% of people in the same age group were fully vaccinated.
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The percentages fully immunized jumped to 66% for those aged 18 and over and 77% for those aged 65 and over.
President Biden initially set a goal of partially vaccinating 70% of American adults by July 4, although the pace of immunizations has slowed in recent months.
The White House has campaigned to get more Americans to sign up to receive their vaccines, although the target rate of 70% is not expected to be reached by the July 4 holiday.