Home / Contract Awards / Accenture Wins $42M to Upgrade Air Force’s Financial Mgmt System; Joe Chenelle Comments

Accenture Wins $42M to Upgrade Air Force’s Financial Mgmt System; Joe Chenelle Comments

Accenture Logo, GovCon WireAn Accenture (NYSE: ACN) subsidiary has won a two-year, $42.2 million contract to update the U.S. Air Force’s financial management system in order to replace nine old infrastructures.

Arlington, Va.-based Accenture Federal Services will perform the second phase of upgrades to the Defense Enterprise Accounting and Management system to help the Air Force comply with the Defense Department’s audit goals, Accenture said Monday.

DEAMS is designed to unify accounting, purchases, payables, financial liabilities and bills across the Air Force, U.S. Transportation Command and the Defense Finance and Accounting Service.

Joe_Chenelle“An organization as large, complex and critical to our national security as the U.S. Air Force needs a 21st century financial management system and that is what DEAMS is designed to achieve, ” said Joe Chenelle, Accenture’s U.S. defense and intelligence work lead.

The system processes nearly $800 million in billings and collections, as well as more than 100, 000 invoices every year for the Air Force.

DEAMS currently serves the Scott Air Force Base in Illinois, McConnell Air Force Base in Kansas and DFAS centers in Limestone, Maine and Columbus, Ohio.

Accenture said the Air Force expects to save $18 million in annual operating costs.

Check Also

Tricia Fitzmaurice Takes Nat’l Security Program Director Role at Red Hat

Red Hat has promoted Tricia Fitzmaurice, who has more than two decades of government and commercial technology sales experience, as director of national security programs for the federal law enforcement and justice sector, Homeland Security Today reported Tuesday.

Johns Hopkins APL Books Potential $2B Follow-On IDIQ for NASA Aerospace R&D, Engineering Services

Johns Hopkins University Applied Physics Laboratory has received a potential 10-year, $2B contract to help NASA  develop technology concepts and analyze data for robotic space missions. The Aerospace, Research, Development and Engineering Support Services II contract has a minimum ordering value of $50M and a maximum ordering value $1B over the five-year base period. ARDES II would reach its potential value if the five-year option period is exercised.