General Dynamics Completes Vangent Acquisition; CEO Jay L. Johnson Comments
General Dynamics has completed its acquisition of Vangent Holding Corp. Vangent will become part of General Dynamics Information Technology providing health informatics and information exchange, electronic health records and data analytics and outsourcing solutions and systems.
“Together with General Dynamics Information Technology’s 30 years of experience in the healthcare IT market, this acquisition creates a Tier 1-level business that can meet the large-scale requirements of customers in markets that are receiving high priority in current funding and entitlement-reform initiatives,” said Jay L. Johnson, chairman and chief executive officer of General Dynamics.