Kearney and Co. to audit military health program financial statements

Kearney and Co. has won a potential four-and-a-half year, $46.5 million contract to help the Defense Finance and Accounting Service audit financial statements for military health initiatives.

Alexandria, Va.-based Kearney will focus its work on items under the Defense Health Program, a budget mechanism created in 1992 to centralize funding and management of military healthcare programs such as Tricare.

The Defense Department estimated approximately $33.4 billion in DHP spending for the government's 2017 fiscal year, according to a summary from the DOD comptroller. That would represent an approximate increase of 3.7 percent from projected fiscal 2016 levels.

Kearney's work under the labor-hour contract includes an 18-month base period with three one-year options. DFAS received two quotes for the contract.

Founded in 1985, Kearney focuses exclusively on work for federal agencies.

About the Author

Ross Wilkers is a senior staff writer for Washington Technology. He can be reached at Follow him on Twitter: @rosswilkers. Also find and connect with him on LinkedIn.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.