CACI International won a six-year, $308 million contract from the Department of Veterans Affairs to modernize the agency’s 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 CEO. “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.”
CACI will operate and maintain the VA’s existing ERP tool, the Integrated Financial and Acquisition Management System, while replacing the agency’s decades-old legacy financial infrastructure. The work covers accounting, acquisitions, reporting and related transactions, and aims to improve the accuracy, transparency and timeliness of the VA’s financial tracking.