General Dynamics Awarded $43 Million to Continue Supporting the Centers for Medicare & Medicaid Services Retiree Drug Subsidy Program

FAIRFAX, Va., June 17, 2015 /PRNewswire/ -- General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), was awarded a contract to continue assisting the Centers for Medicare & Medicaid Services (CMS) Retiree Drug Subsidy (RDS) program. The indefinite delivery, indefinite quantity contract has a value of approximately $43.5 million, with a one-year base period and four option years.

The RDS program runs a website that serves as a comprehensive resource center for organizations participating in the program and encourages employers and unions to continue providing high-quality prescription drug coverage to their retirees. General Dynamics will deliver infrastructure, software and development, technical support, operations management, education and training, payment and appeals processing, and compliance oversight for the RDS program's public website and a secure website for plan sponsors.

The work for the contract will be performed in Towson, Md.

For more information about General Dynamics Information Technology, please visit www.gdit.com.

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

SOURCE General Dynamics Information Technology

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