Air Force signs multimillion-dollar deal with Accenture

Accenture has won a $79 million, five-year contract with the U.S. Air Force to build and manage its accounting systems. Under the deal, the IT company will implement a Oracle system with help from Deloitte Consulting, Grant Thornton, IBM and Lockheed Martin.

The Defense Enterprise Accounting Management System, or DEAMS, is a pilot scheme between the Air Force and the U.S. Transportation Command designed to bring transparency into the organizations' financial practices. DEAMS is aimed at giving external auditors a bird's-eye view of budgeting, accounting and performance management.

Dan Ilett of Silicon.com reported from London.

[JFDMit]

Yikes

As if the military isn't already clogged with world-class bureaucracy, waste and mismanagement, they've hired the granddaddy of all timewasters to help sort them out. There isn't a problem in the world big enough that Accenture can't make it worse.

[jsde]

I agree

DFAS was just overhauled in 2003. Their implementation of WAWF supposedly eliminates red-tape. This system overhaul just added another level of bureaucracy to deal with. Less than 3 years later, another change to a system their own people are just getting use to...what a waste.

How many retired generals did Accenture hire

How many retired generals did Accenture have to hire to get this contract. They are having major credibility gaps with the $450 million lost on the British Health System Contract and now they are added to a consortium with four other major contractors. Seems like a lot of waste.

Oh yea! Weren't they originally part of the Arthur Anderson group and spun off months before the woul Enron collapse..... Thats right they will be able to find off-sheet financing and eliminate the defense deficit.

We will sell bomb leases to Iraq, and then drop the bombs on them. We will call it part of the collection process. The only problem will be trying to collect the lease paymnents, but the debt will be off the books.