Benzinga | Sep 21, 2021 02:43PM EDT

Booz Allen Secures Position On $350M BITSDIS Contract

* Booz Allen Hamilton Holding Corp (NYSE:BAH) has won a position on the Biomedical Information Technology, Software Development, and Informatics Support (BITSDIS) contract.

* BITSDIS is a five-year IDIQ contract worth up to $350 million to support the National Institutes of Health (NIH) National Cancer Institute (NCI) Center for Biomedical Informatics and Information Technology (CBIIT).

* As a part of this IDIQ, Booz Allen has secured a $29.9 million task order to support the evolving needs of the cancer research community.

* Under the Clinical Trials Reporting Program (CTRP) task order, Booz Allen will provide the complete range of software development, system engineering, and operational support.

* Price Action: BAH shares are trading lower by 2.33% at $77.97 on the last check Tuesday.