Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. Novavax Awarded $1.6 Billion to Develop US COVID-19 Vaccine VOA News The U.S. government has awarded a $1.6 billion contract to Novavax, Inc. to develop a coronavirus vaccine. The award to the Maryland-based company is the largest to date from the government's "Operation Warp Speed" initiative to fast-track the development of vaccines and other treatments for COVID-19. Chief Executive Stanley Erck said the company aims to begin delivering 100 million doses of a vaccine in the fourth quarter of this year, an endeavor he said that "may be completed by January or February of next year." .