CACI, VA financial system6year contract3million800ten thousand dollar order
CACI has received a contract from the Department of Veterans Affairs (VA) on the day of the month for a financial management system modernization and maintenance contract worth up to million dollars for the year. The contract includes maintenance of the iFAMS ERP and replacement of legacy infrastructure, representing about percent of annual revenue.2026C7D8E6F3G800H3I
CACI has received a modernization contract for a financial system worth up to million dollars from the Department of Veterans Affairs on the day of the month. This represents about percent of the company's annual revenue.2026C7D8E6F3G800H3I
The scope of the contract includes maintenance of the Integrated Financial and Acquisition Management System (iFAMS) and replacement of the existing legacy financial infrastructure.
The contract specifies the operation maintenance of the iFAMS ERP tool and the delivery of enterprise-scale ERP solutions, thus supporting improvements in the VA's financial operational efficiency, transparency, and fiscal accountability.
The contract period is 6 years. The contract amount will be executed in stages according to the contract terms.
The Veterans Affairs Department has been working to ensure accuracy and accountability in financial processing by replacing legacy systems. CACI has stated that it will carry out this work based on its enterprise-level ERP implementation experience.
The contract announcement date is 2026 year 7 month 8 day.
Sources: Investing.com Canada,www.marketscreener.com
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