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 chris.wack@wsj.com

 

(END) Dow Jones Newswires

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

Copyright (c) 2019 Dow Jones & Company, Inc.
General Dynamics (NYSE:GD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more General Dynamics Charts.
General Dynamics (NYSE:GD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more General Dynamics Charts.