CACI International Inc (NYSE: CACI) announced today that it has been awarded a seven-year technology contract valued at up to $287 million to drive the next phase of modernization for the U.S. Army’s Integrated Personnel and Pay System – Army (IPPS-A).
CACI will provide advanced Agile, software defined solutions that accelerate feature releases, enhance quality, boost flexibility and adaptability, and strengthen confidence across the Army.
“CACI has a proven history of optimizing Agile methodologies to deliver value quickly and efficiently, facilitating visibility and data insights with an outcome-driven mindset,” said CEO John Mengucci.
“Our dedicated team has a complete understanding IPPS-A, and their unmatched experience ensures purposeful acceleration, delivering high-value technology rapidly with the flexibility and efficiency needed to support the Army’s ever-evolving missions.”
Under this contract, CACI will continue advancing towards a single, comprehensive solution to effectively operate and maintain IPPS-A Increment II, Managing Army’s Human Capital – Innovation, Integration, and Implementation (MAHC – III). Since IPPS-A’s Release 3 historic launch to all three components of the U.S. Army in 2023, more than one million unique users have logged onto IPPS-A, allowing soldiers to access their personal records, update their information, and manage their pay and benefits through a user-friendly portal.
CACI shares dropped $4.52 to $573.94.
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