Caci awarded prime position on $2.5 billion multiple-award contract
to provide background investigations for office of personnel management
Arlington, va.--(business wire)--caci international inc (nyse: caci) announced today that it has been selected as one of three prime contractors to provide background investigation fieldwork services for the u.s. office of personnel management (opm). the indefinite delivery/indefinite quantity contract is for a ten-month base period and four option years and has a ceiling value of $2.5 billion. the award extends caci’s investigative support for the opm that began in 2004. background investigation services are a significant caci capability. the company has wide experience conducting background investigations (bis) on a worldwide basis for a diverse u.s. government customer base. caci employs fully qualified investigators that provide investigative services in all 50 states, puerto rico, guam, the us virgin islands, and other u.s. trust territories. caci brings proven attributes to supporting this contract. these include an emphasis on ensuring that the integrity of each investigation is preserved and the privacy of each applicant protected; the experience of a trained and credentialed team already in place; a comprehensive, case management process designed to address the complexities of conducting federal background investigations; state-of-the-art case management technology; quality-driven proven processes that lead to sustainable best practices in conducting and tracking investigations; and a record of proven performance resulting in timely investigations that meet opm’s stringent quality standards. according to bill fairl, caci president of u.s. operations, “this award from the office of personnel management clearly demonstrates the quality and professionalism of our team that is already working with the opm. we’re extremely pleased to have the opportunity to continue our support for the vital security work this agency performs.” paul cofoni, caci president and chief executive officer, said, “with more than 70 percent of our own employees having security clearances, we know the value of this critically important credential to performing the work we do across the federal government. it’s clear that the role that thorough and complete background investigation plays in safeguarding sensitive information is nothing less than our nation's first line of defense in keeping our homeland secure.” 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 Ratings Summary
CACI Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission