CACI Awarded $273 Million Multiple-Award Contract to Provide HR Solutions Support for U.S. Army
November 14 2011 - 8:00AM
Business Wire
CACI International Inc (NYSE:CACI) announced today that it has
been selected as one of 15 prime contractors to support the
Recruitment and Retention mission area under the U.S. Army’s HR
Solutions program for the Assistant Secretary of the Army (ASA)
Manpower & Reserve Affairs (M&RA). This indefinite
delivery/indefinite quantity contract has a ceiling value of $273
million and is for a base period plus four one-year options. It
represents new work for CACI and builds upon the company’s Business
System Solutions core competency and expertise in personnel
services, human resources support, and recruitment and retention
services.
ASA (M&RA) provides oversight and direction to the Army’s
total force management, manpower, and workforce management
programs. It serves as the Army’s lead for civilian and military
manpower policy and other critical matters related to Army
leadership. CACI will help ASA (M&RA) meet the Army’s
recruitment and retention goals by completing task order work in
professional program support and general administrative and
personnel support, and providing skills in business management,
information technology, tracking and assessment, credentialing and
qualification, outreach, and counseling and training. By
streamlining and enhancing the processes related to the Army’s
recruiting and retention efforts, CACI’s services will improve
efficiency and help save the government money.
CACI’s selection to support this contract is consistent with the
company’s established past performance and ability to rapidly
respond to task order requests on large contracts. Since 1989,
CACI’s Strategic Communications division has successfully supported
recruiting and retention for several government agencies, including
the Department of Veterans Affairs and Army National Guard.
According to Bill Fairl, CACI’s President of U.S. Operations,
“CACI’s selection to the HR Solutions contract demonstrates the
U.S. Army’s confidence in our experienced team of proven
performers. We possess the military experience and wide breadth of
capabilities to fulfill any task order.”
CACI President and CEO Paul Cofoni said, “Recruiting and
retention are two of the most important initiatives for our armed
forces, and we are proud that the U.S. Army has chosen CACI to
support these aims. The HR Solutions contract represents another
step forward in our strategy to help maintain and enhance a well
staffed military that meets the security needs of our nation.”
Celebrating our 50th year in business, CACI sustains an
exceptional record of success by providing professional services
and IT solutions needed to prevail in the areas of defense,
intelligence, homeland security, and IT modernization and
government transformation. We deliver enterprise IT and network
services; data, information, and knowledge management services;
business system solutions; logistics and material readiness; C4ISR
solutions; cyber solutions; integrated security and intelligence
solutions; and program management and SETA support services. CACI
solutions help federal clients provide for national security,
improve communications and collaboration, secure information
systems and networks, enhance data collection and analysis, and
increase efficiency and mission effectiveness. A member of the
Fortune 1000 Largest Companies and the Russell 2000 index, CACI
provides dynamic careers for approximately 14,300 employees working
in over 120 offices in the U.S. and Europe. Visit CACI on the web
at www.caci.com and www.asymmetricthreat.net.
There are statements made herein which do not
address historical facts, and therefore could be interpreted to be
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such statements are
subject to factors that could cause actual results to differ
materially from anticipated results. The factors that could cause
actual results to differ materially from those anticipated include,
but are not limited to, the risk factors set forth in CACI's Annual
Report on Form 10-K for the fiscal year ended June 30, 2011, and
other such filings that CACI makes with the Securities and Exchange
Commission from time to time. Any forward-looking statements should
not be unduly relied upon and only speak as of the date hereof.
CACI-Contract
CACI (NYSE:CACI)
Historical Stock Chart
From May 2024 to Jun 2024
CACI (NYSE:CACI)
Historical Stock Chart
From Jun 2023 to Jun 2024