CACI Delivers Network Modernization and Sustainment to the Department of Veteran Affairs
CACI International Inc (NYSE: CACI) announced today that it has been awarded a six-year technology contract valued at up to $308 million by the Department of Veterans Affairs (VA) to deliver increased operational efficiency, productivity, agility, and flexibility by modernizing and transforming legacy financial management systems.
“CACI is a leader in bringing proven financial efficiencies to the federal government to help agencies achieve greater transparency, audit readiness, and mission accountability,” said John Mengucci, CACI President and Chief Executive Officer. “Our team’s deep understanding of the challenges faced by the VA allows us to deliver resilient, enterprise‑scale Enterprise Resource Planning (ERP) solutions that strengthen financial stewardship and sustain the transformative business processes needed to ensure longevity of the VA.”
Under this contract, CACI will provide operations and maintenance for the VA’s existing ERP tool, the Integrated Financial and Acquisition Management System (iFAMS), while also replacing its decades‑old legacy financial infrastructure. The modernization and continuous improvement of the ERP capabilities used by the VA for accounting, financial management, acquisitions, reporting, and related transactions strengthens the accuracy, transparency, and timeliness of its financial tracking across accounting, acquisitions, and reporting. This cost-effective solution delivers greater operational efficiency and fiscal accountability in support of improved outcomes for veterans and the American taxpayer.
