Science Applications International Corp. (SAIC) in San Diego, CA received a $28.7 million indefinite-delivery/ indefinite-quantity, cost-reimbursement contract for engineering support for the Capital Asset Management System (CAMS). CAMS is a computer network system that is designed to manage asset accounting and reporting capabilities for all military equipment.

So, why is this useful or important?

To quote the US DOD MEV:

“The U.S. Department of Defense must develop systems that can maintain and update military equipment valuation data. In addition, DoD must upgrade current accountability systems so that they can provide accurate data in a timely fashion. Because no system currently exists to maintain and update military equipment valuation data, the P&E Policy Office is developing the Capital Asset Management System – Military Equipment (CAMS-ME) as an enterprise system. CAMS-ME will value work-in-process, determine a value for each accepted military equipment asset, and, for the Army and Navy, perform fixed asset accounting. The Air Force will use its accountability systems, AFEMS, REMIS, and RAMPODS, to do both fixed asset accounting and asset accountability.”

Work on this contract will be performed in San Diego, CA and is expected to be completed by December 2010. CThis contract was competitively procured via the SPAWAR e-commerce business website, with one offer received. The Space and Naval Warfare System Center in San Diego, CA issued the contract (N66001-06-D-0021).