The contract is for one year and includes the option to continue the contract for four additional one-year periods. The maximum price for the boots shipped per year cannot exceed $20 million, with an estimated goal of $16 million. Rocky Brands will start the manufacturing of the boots in early 2017.
“We are extremely pleased to receive this additional contract from the U.S. Military as increasing sales in our military segment is a key component of our diversified growth strategy. We recently invested in expanding our Puerto Rico manufacturing facility in order to better capitalize on the growing demand for military footwear,” said Rocky Brands Chairman Mike Brooks.
Rocky Brands is still in the process of producing temperate weather combat boots as part of a deal that was announced earlier this year, as well as a previous contract to produce hot weather boots from Feb. 2013.