CACI International Inc. (NYSE: CACI) has won a $165 million prime contract to help the Defense Department automate procurement processes, the company announced Tuesday.
Under the five-year contract, the company will also help decentralize purchasing for all of the department’s components through the company’s Standard Procurement System
Dan Allen, president of U.S. operations, said SPS streamlines federal procurement process within the Defense Department and is currently installed to 800 sites worldwide.
SPS helps the defense procurement community manage contracts as it has processed 875 million transactions worth $190 billion total, the company said.
The federal acquisition and procurement solution provider said it currently manages DoD’s largest installed base of acquisition solutions.