CACI Awarded $159 Million Prime Contract to Develop and Implement U.S. Army’s Personnel and Pay System
CACI International Inc (NYSE:CACI) announced today it was awarded a $159 million contract to develop and implement the Integrated Personnel and Pay System-Army (IPPS-A). This five-year contract represents new work for CACI, growing the company’s presence in its Business Systems market area.
IPPS-A is a web-based system that will standardize, streamline, and integrate soldier personnel and pay processes and data across all Army components (Active Army, Army National Guard, and Army Reserve). As the largest integrated human resources system of its kind, it will be the authoritative source of personnel and pay information for more than one million soldiers and discontinue the Army’s reliance on more than 40 different systems.
CACI will be the system integrator of IPPS-A, providing development and implementation support to replace the Army’s legacy systems and dramatically improve Army personnel and pay operations. CACI specializes in providing Enterprise Resource Planning (ERP)-based systems to the federal government, and more than 100 agencies today rely on the enterprise-level systems CACI has developed and deployed. The company’s value-added solutions increase system productivity, improve effectiveness of business processes, and enable cost-effective measurement of results.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “It is our honor to be selected by the Army as the system integrator to develop and implement the Integrated Personnel and Pay System. CACI has become a trustworthy leader in complex ERP system integration programs, and we look forward to serving as the Army’s partner in making IPPS-A an unqualified success.”
According to CACI President and Chief Executive Officer Ken Asbury, “The Integrated Personnel and Pay System-Army adds a significant new program to an already large and growing portfolio of enterprise systems that CACI has implemented for our federal customers. This contract enables us to expand our work in our Business Systems market while supporting the Army in achieving an imperative goal – ensuring that all soldiers are paid accurately and on time for many years to come.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI provides dynamic careers for over 16,700 employees in 120 offices worldwide. Visit www.caci.com.
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, 2014, 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.
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