# DoW Awards EY $869M DFAS Audit Contracts

The Department of War awarded Ernst & Young two labor-hour contracts on October 8, 2026, with a combined maximum value of $869.4 million, to audit Navy, Marine Corps, and Air Force financial statements. Each competitive solicitation received one quote. The awards include a 12-month base period and four one-year options; subject to fund availability, the department plans to obligate $155.3 million in FY2027 operations and maintenance funds before performance begins.

- **Why this matters:** The awards represent substantial federal demand for financial statement audit services, while one quote per solicitation points to limited competition in these procurements.
- Audit and professional-services contractors can use the awards as a market signal when assessing DoW financial audit opportunities and the staffing capacity needed for labor-hour work.
- The planned FY2027 obligation is contingent on fund availability; the contracts’ option periods also indicate potential work beyond the base year, but do not guarantee that options will be exercised.

**Jurisdictions:** federal
**Industries:** Defense & Military, Professional Services
**Published:** October 09, 2026

### Government Entities
- Department of War (DoW)
- Defense Finance and Accounting Service (DFAS)
- Department of the Navy (Navy)
- Department of the Air Force (Air Force)
- U.S. Marine Corps (USMC)

### Vendors
- Ernst & Young (EY) (awardee)

### Sources
- [EY Books $869M in DFAS Audit Contracts for Navy, Air Force](https://www.govconwire.com/articles/ernst-young-869m-military-financial-audit-awards) - GovCon Wire