CACI Awarded $152 Million Contract to Support the Modernization of the VA’s Financial Management System
31 Agosto 2020 - 2:30PM
Business Wire
CACI International Inc (NYSE: CACI) announced today that it has
been awarded a six-year single-award contract, with a ceiling value
of more than $152 million, by the Department of Veteran Affairs to
provide enterprise expertise in support of the department’s
Financial Management Business Transformation Program (FMBT).
Under the contract, CACI software engineers will use Agile
methodologies and DevSecOps solutions to cleanse and convert the
VA’s historical data onto the department’s new Integrated Financial
and Acquisition Management System (iFAMS), which is based upon the
Momentum Financials platform, as part of FMBT. Additionally, CACI
will develop new interfaces to integrate dozens of information
systems and data to provide more efficient and secure service to
America's veterans and their families.
CACI will leverage its industry-leading Agile Solution Factory
(ASF), delivering the benefits of Agile development at an
enterprise scale with predictable, efficient and transparent
results. This approach will also promote faster knowledge sharing
within the VA, reduce the risk of delays, and ensure that accurate
historical data and legacy application data is available on
iFAMS.
John Mengucci, CACI President and Chief Executive Officer, said,
“This award is the latest in CACI’s continued success supporting
finance and acquisition systems across the Federal Government,
backed by the ASF, one of the largest and most modern Agile
frameworks used by the federal government. CACI looks forward to
providing enterprise expertise in support of the FMBT as the VA
modernizes its financial system.”
CACI’s 23,000 talented employees are vigilant in providing the
unique expertise and distinctive technology that address our
customers’ greatest enterprise and mission challenges. Our culture
of good character, innovation, and excellence drives our success
and earns us recognition as a Fortune World's Most Admired Company.
As a member of the Fortune 1000 Largest Companies, the Russell 1000
Index, and the S&P MidCap 400 Index, we consistently deliver
strong shareholder value. Visit us at www.caci.com.
There are statements made herein which do not address historical
facts, and therefore could be interpreted to be forward-looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Such statements are subject to
factors that could cause actual results to differ materially from
anticipated results. The factors that could cause actual results to
differ materially from those anticipated include, but are not
limited to, the risk factors set forth in CACI’s Annual Report on
Form 10-K for the fiscal year ended June 30, 2019, and other such
filings that CACI makes with the Securities and Exchange Commission
from time to time. Any forward-looking statements should not be
unduly relied upon and only speak as of the date hereof.
CACI-Contract Award
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version on businesswire.com: https://www.businesswire.com/news/home/20200831005077/en/
Corporate Communications and Media: Jody Brown, Executive Vice
President, Public Relations (703) 841-7801, jbrown@caci.com
Investor Relations: Daniel Leckburg, Senior Vice President,
Investor Relations (703) 841-7666, dleckburg@caci.com
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