Accenture's Federal Services Unit Bags $94M Contract From US Army

Accenture Plc ACN has received a $94 million U.S. Army contract to maintain and transform the agency's Identity, Credential, and Access Management (ICAM) system.

The company's unit, Accenture Federal Services, received the order.

Under the deal, Accenture will automate the army's traditional method of manually provisioning user accounts, empowering the agency to make real-time access control decisions while sustaining current ICAM operations for over 1,500 applications.

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"To combat an evolving array of cybersecurity threats, the Army needs a scalable solution to modernize its identity management and access controls system," said Keith Runtz, an Accenture Federal Services managing director and defense portfolio lead. 

"Accenture Federal Services is excited to deliver a fast, secure, and auditable ICAM solution that enables interoperability across the Army, DoD, and mission partners," Runtz added.

The Army ICAM contract has a period of performance of one year with three 12-month option periods.

Price Action: ACN shares are trading lower by 0.35% to $307.37 on the last check Tuesday.