CACI Adopts NCMA Contract Management Standard

Rhea-AI Summary

CACI International Inc (NYSE:CACI) has announced its adoption of the National Contract Management Association's (NCMA) Contract Management Standard™ (CMS). This move reinforces CACI's commitment to excellence and innovation by ensuring its contract management professionals align with federal government standards. The company will use the NCMA American National Standard Institute Approved CMS as the foundation for hiring, career development, and training in contract management.

CACI Senior VP of Contracts and Subcontracts, Amanda Christian, emphasized that this alignment will transform their contract professionals into business leaders. The adoption is expected to enhance collaboration and communication with government partners. This aligns CACI with other CMS adopters, including the Department of Defense, civilian U.S. government agencies, industry peers, and higher education institutions.

Positive

• Adoption of NCMA's Contract Management Standard (CMS) aligns CACI with federal government standards
• Strengthens CACI's commitment to innovation and excellence in contract management
• Enhances career development and training opportunities for contract management professionals
• Improves collaboration and communication with government partners

Negative

• None.

RESTON, VA / ACCESSWIRE / September 16, 2024 / CACI International Inc (NYSE:CACI)announced today that it has joined a select few early adopters of the National Contract Management Association's (NCMA) Contract Management Standard™ (CMS). With this adoption, CACI strengthens its commitment to providing innovation and attaining excellence by guaranteeing that its contract management professionals have the requisite skills and expertise to seamlessly align with the federal government's standards.

"Aligning NCMA CMS with CACI's rigorous training and development program will transform our contract professionals into true business leaders," said CACI Senior Vice President of Contracts and Subcontracts Amanda Christian. "This trusted partnership between industry and government equips us to drive enhanced collaboration and better communication and continue serving as an ethical role model in our industry."

CACI is adopting the NCMA American National Standard Institute Approved CMS as the basis for hiring, career development, and training contract management professionals. The company is committed to providing robust career opportunities for contract management professionals and leveraging advancements, like use of a common language through adoption of the CMS. This aligns with other adoptions of the CMS by the Department of Defense, civilian agencies of the U.S. government, industry, and institutions of higher education in their training and education programs.

About CACI

At CACI International Inc (NYSE:CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at 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, 2023, 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.

# # #

Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com

Investor Relations:
George Price
Senior Vice President, Investor Relations
(703) 841-7818, george.price@caci.com

View additional multimedia and more ESG storytelling from CACI on 3blmedia.com.

Contact Info:
Spokesperson: CACI
Website: https://www.3blmedia.com/profiles/caci
Email: info@3blmedia.com

SOURCE: CACI

View the original press release on accesswire.com

FAQ

What is the significance of CACI adopting the NCMA Contract Management Standard?

CACI's adoption of the NCMA Contract Management Standard aligns the company with federal government standards, enhances its commitment to excellence, and improves collaboration with government partners. It also provides a foundation for hiring, career development, and training in contract management.

How will CACI's adoption of the CMS benefit its contract management professionals?

The adoption of CMS will transform CACI's contract professionals into business leaders by providing a common language and robust career opportunities. It will also enhance their skills and expertise to align seamlessly with federal government standards.

Who else has adopted the NCMA Contract Management Standard besides CACI?

Other adopters of the NCMA Contract Management Standard include the Department of Defense, civilian agencies of the U.S. government, industry peers, and institutions of higher education for their training and education programs.

When did CACI (NYSE:CACI) announce its adoption of the NCMA Contract Management Standard?

CACI International Inc (NYSE:CACI) announced its adoption of the NCMA Contract Management Standard on September 16, 2024.