General Dynamics Corp. (GD)

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General Dynamics Awarded $75 Million by Centers for Medicare & Medicaid Services

FAIRFAX, Va., March 9, 2016 /PRNewswire/ -- General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), has received an award to continue to provide and maintain high-quality software in support of the Centers for Medicare & Medicaid Services' (CMS) Durable Medical Equipment (DME) program which provides prosthetics, orthotics and supplies to Medicare beneficiaries. The single award has a potential value of approximately $75 million over five years, if all options are exercised.

Under the contract, General Dynamics will support, maintain and provide high-quality software used to process claims submitted by the program's suppliers. General Dynamics engineered the original CMS DME software and has been providing maintenance and support to the program for over two decades. Work on the contract will be performed in Towson, MD.

"GDIT has extensive experience supporting major, complex program enhancements and assisting the Centers for Medicare & Medicaid Services in achieving its mission," said Marcus Collier, senior vice president of GDIT's Health and Civilian Solutions division. "We are committed to CMS and to supporting its efforts to ensure that Medicare beneficiaries receive the highest quality of care."

General Dynamics has delivered a range of health IT support to CMS for more than 35 years. Notable support has been provided to the Health Care Quality Improvement System, the Chronic Condition Data Warehouse, the Retiree Drug Subsidy program, the Drug Data Processing System and the Payment Reconciliation System.

For more information on General Dynamics Information Technology, please visit http://www.gdit.com.

More information about General Dynamics is available at http://www.generaldynamics.com.

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SOURCE General Dynamics Information Technology