CACI wins $108 million contract to modernize US Air Force financial management systems

CACI International has been awarded a $108 million, five-year contract to manage and modernize the U.S. Air Force’s Defense Enterprise Accounting and Management System (DEAMS). The agreement focuses on upgrading the platform to improve financial transparency, accelerate decision-making, and ensure operational readiness.

Under the terms of the deal, CACI will implement Agile software development methodologies, automated testing, and cloud-integrated operations. These updates are intended to streamline financial workflows across the Air Force, building on the system's previous audit milestones.

"The objective is to provide advanced automation and data insights to support the Air Force's financial operations," said CEO John Mengucci. The contract underscores CACI's ongoing role in supporting digital transformation initiatives within the U.S. Department of Defense.