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Defense Companies Target Health Care

Marjorie Censer | The Washington Post: Capital Business | September 4, 2011

Traditional defense contractors are increasingly muscling into the health care services field, hoping that the burgeoning area can help them weather reductions in Pentagon equipment buying. Bethesda-based Lockheed Martin and Falls Church-based General Dynamics, both of which already had health care practices in place, have ramped up their businesses in recent weeks with new acquisitions. Read More »

General Dynamics Closes $960M Vangent Acquisition

Nick Wakeman | Washington Technology | September 30, 2011

General Dynamics Corp. has closed its $960 million acquisition of Vangent Inc. in a move that builds out GD’s health care IT business. The company becomes part of General Dynamics IT and creates a health care business that stretches across both civilian and defense agencies. Read More »

Harris Team Will Recode VA Health Care System to Meet HIPAA Deadline

David Hubler | Washington Technology | October 28, 2011

Harris Corp. has won a five-year, $5.3 million contract from the Veterans Affairs Department to provide disease classification coding remediation. The award calls for Harris to assist the VA’s Health Administration Center Cache System comply with the new International Statistical Classification of Diseases and Related Health Problems medical coding standards, according to an Oct. Read More »

Is General Dynamics Building a Health IT Juggernaut?

Nick Wakeman | Washington Technology | August 17, 2011

There is little not to like about General Dynamics buying Vangent Inc. for $960 million. Its track record of growth and its ability to deliver quickly on large complex projects has made Vangent one of the jewels of the mid-tier, which I’m defining as companies with $200 million to $1 billion in annual revenue... Read More »