General Dynamics Information Technology awarded $306 million Department of Veterans Affairs task order to modernize benefits claims processing

Rhea-AI Summary

General Dynamics Information Technology (GDIT) has secured a task order valued at $306 million under the Veterans Intake, Conversion, and Communication Services program from the Department of Veterans Affairs. This contract aims to modernize veteran records, enhancing claims processing through the use of managed services and artificial intelligence. GDIT's initiative will expedite the processing of benefits for veterans, including disability and housing claims, thus improving overall efficiency within the Veterans Benefit Administration (VBA).

Positive

• Awarded a $306 million contract, enhancing revenue potential.
• Use of AI to modernize veteran records improves efficiency in claims processing.
• Supports timely benefits awards for veterans, enhancing company reputation.

Negative

• None.

RESTON, Va., Oct. 1, 2020 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced today it was awarded the File Conversion Services task order under the Veterans Intake, Conversion, and Communication Services (VICCS) program by the Department of Veterans Affairs (VA) Veterans Benefit Administration (VBA). The single award under the VICCS indefinite-delivery, indefinite-quantity contract is valued at $306 million over five years.

Under the task order, GDIT will leverage managed services and artificial intelligence to digitally convert historical veteran records, automate data extraction of existing records and process Official Military Personnel File requests in support of veteran benefits claims processing. The modernization of the VA's military service recordkeeping will enable the VBA to more rapidly process and award veterans' claims for disability, housing, education, loans, pension and several other benefits.

"GDIT is committed to supporting the men and women who have served our country, and we look forward to our continued partnership with the VA," said Kamal Narang, Vice President and General Manager for GDIT's Federal Health Sector. "Through this contract, GDIT will completely digitize veteran service and claim records, delivering timely benefits awards to veterans and their families who have earned them."

GDIT will also accelerate the modernization of legacy veteran records by deploying new digital capabilities and artificial intelligence to automate routine tasks. In addition to improving services for veterans, these solutions will increase cost savings and efficiency to the VBA.

General Dynamics, headquartered in Reston, Virginia, is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions; IT services; C4ISR solutions; and shipbuilding and ship repair. General Dynamics employs more than 100,000 people worldwide and generated $39.4 billion in revenue in 2019. More information about General Dynamics Information Technology is available at www.gdit.com. More information about General Dynamics is available at www.gd.com.

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SOURCE General Dynamics Information Technology

FAQ

What is the value of the contract awarded to GDIT for the VICCS program?

The contract awarded to GDIT is valued at $306 million over five years.

What services will GDIT provide under the VICCS program?

GDIT will provide file conversion services, leveraging managed services and artificial intelligence to modernize veteran records.

How will the GDIT contract impact veteran claims processing?

The contract will enable faster processing of veteran claims for benefits such as disability, housing, and education.

What is the significance of GDIT's contract with the Department of Veterans Affairs?

This contract reinforces GDIT's role in supporting veteran services and may enhance its market position and revenue.