FALLS CHURCH, Va., Oct. 5, 2016 /PRNewswire/ -- CSRA Inc. (NYSE: CSRA) announced it was one of seven companies to win a new indefinite-delivery, indefinite-quantity (IDIQ) award to modernize the application, database and infrastructure used to administer and pay contracts issued to defense companies. The contract has a $142 million ceiling over a 10 year period. CSRA was also named as a subcontractor to Ventech Solutions, a small business software company, under the IDIQ.
As one of the large business awardees, CSRA will support the establishment and management of the program management office and modernize the architecture for Mechanization of Contract Administration Services (MOCAS), an automated system to ensure all government supplies and services are delivered on time, at the projected cost and having met all performance requirements. MOCAS is used by the Defense Contract Management Agency and Defense Finance and Accounting Services.
"At a time when the majority of defense contracts are stringently reviewed for cost effectiveness, it is critical that systems like MOCAS run efficiently and are upgraded to meet the latest security requirements," said Ken Deutsch, CSRA executive vice president, Defense Group. "By leveraging best practices, leading IT applications, and brilliant teams, CSRA is well-positioned to update and streamline the supplier payment system in the most efficient, secure and effective manner."
As one of the awardees on the IDIQ, CSRA will work collaboratively to modernize and streamline operations between the agencies that use the system; develop an enterprise resource planning infrastructure to support future growth and technology advancements; and migrate contract data and images for historical research and management purposes. The modernization of the MOCAS system will also ensure that the enterprise resource planning design, development, implementation, data migration and infrastructure have the appropriate level of security.
About CSRA Inc.
Every day CSRA (NYSE: CSRA) makes a difference in how the government serves our country and our citizens. We deliver a broad range of innovative, cloud-enabled, next-generation IT solutions and professional services to help our customers modernize their legacy systems, protect their applications, infrastructure, and assets and improve the effectiveness and efficiency of mission-critical functions for our warfighters and our citizens. Our 18,000 employees understand that success is a matter of perseverance, courage, adaptability and experience. CSRA is headquartered in Falls Church, Virginia. To learn more about CSRA, visit www.csra.com.
All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements represent CSRA's intentions, plans, expectations and beliefs, including statements about network and asset protection and improving mission-critical functions. The forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside the control of CSRA. These factors could cause actual results to differ materially from forward-looking statements. For a written description of these factors, see the sections titled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in CSRA's most recent Annual Report on Form 10-K and any updating information in subsequent SEC filings. CSRA disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.
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SOURCE CSRA Inc.