Press Releases
General Dynamics Awarded Contract To Support Naval Medical Logistics Command Investigational Research
Stock quotes in this article:GD
FAIRFAX, Va.,
Feb. 8, 2012 /PRNewswire/ -- General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), was awarded a contract to support Naval Medical Logistics Command and U.S. Navy Bureau of Medicine and Surgery investigational research programs and centers. The five-year, multiple-award, indefinite delivery, indefinite quantity (IDIQ) Investigational Research Omnibus contract has a potential value of
$49.9 million to all awardees.
Through this contract, General Dynamics will provide physicians, scientists, nurses and technical staff to support research and development and clinical investigation program (CIP) activities at medical and dental facilities owned and operated by the Department of Defense. The company will support biomedical science and CIP projects that collect, organize, evaluate or interpret health and scientific data to further education for healthcare providers about the prevention, treatment or cure of diseases and injuries, as well as general health maintenance. General Dynamics will also provide strategic analysis and support to the grant processes for clinical investigations supporting Graduate Medical Education, Graduate Dental Education, and Graduate Health Science Professional Education.
"General Dynamics understands the critical challenges and unique characteristics of military medical programs," said
Marcus Collier, senior vice president of General Dynamics Information Technology's Health and Civilian Solutions division. "We have a strong background and proven reputation for providing leading IT solutions and healthcare management services to the military medical community, and we will leverage this expertise to support the Navy's research efforts to enhance the medical care and treatment of the nation's military personnel."
The Naval Medical Logistics Command serves as the U.S. Navy medicine center that designs, executes and administers medical materials and healthcare services to Navy servicemen and personnel. The Bureau of Medicine and Surgery, which oversees NMLC, serves as headquarters command for Navy Medicine and provides health care services to beneficiaries in wartime and in peacetime.
TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
|
|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |



Connect with TheStreet