Accenture nabs pact for Army financials

Accenture beat out four companies for a $537 million contract to build the Army's new financial system.

The General Fund Enterprise Business System (GFEBS) will replace three existing systems that run on mainframe computers: the Standard Army Finance System, the Defense Joint Accounting System and the Standard Operation and Maintenance Army Research and Development System.

Under the contract, which would run 10 years if all the options are exercised, Accenture will choose commercial software for GFEBS, manage its installation and maintain it.

“We are very pleased and excited to finally have a contract in place and an integration partner to help the Army modernize their financial management information systems in support of Army transformation objectives,” said Cherie Smith, project officer for GFEBS, in a statement today.

Accenture will begin work at Fort Jackson, S.C., developing a real property inventory system, according to an Army statement.


  • Comment
    customer experience (garagestock/

    Leveraging the TMF to improve customer experience

    Focusing on customer experience as part of the Technology Modernization Fund investment strategy will enable agencies to improve service and build trust in government.

  • FCW Perspectives
    zero trust network

    Why zero trust is having a moment

    Improved technologies and growing threats have agencies actively pursuing dynamic and context-driven security.

Stay Connected