General Dynamics Unit Gets $276.5 Million Benefits Contract

Date : 06/21/2019 @ 4:17PM
Source : Dow Jones News
Stock : General Dynamics Corporation (GD)
Quote : 178.45  -0.67 (-0.37%) @ 9:53PM

General Dynamics Unit Gets $276.5 Million Benefits Contract

General Dynamics (NYSE:GD)
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By Chris Wack


General Dynamics Information Technology said Friday that it received a benefits coordination and recovery center contract with a total estimated value of $276.5 million.

The unit of General Dynamics (GD) said that the deal includes a one-year base period with four one-year options.

Benefits coordination and recovery center contracts are responsible for all activities that support the collection, management and reporting of other insurance coverage for Medicare beneficiaries. The deal also oversees the collection of conditional payments or mistaken primary payments.


Write to Chris Wack at


(END) Dow Jones Newswires

June 21, 2019 11:02 ET (15:02 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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