BearingPoint wins $12.3 million recruiting contract

by Editor 6/23/2008 3:59:00 PM

Management and technology consulting firm BearingPoint has won a contract worth up to $12.3 million from the Navy, to support the Command's recruitment efforts.

The consultancy will create cost modelling and other management tools to help the Command, which is in charge of maintaining the Navy's reserve force, and provide them with operational support.

Defense clients constitute about 20 percent of BearingPoint's business in the public sector, in which the consultancy earned $1.4 billion in 2007.

Marc Murphy, managing director for the Navy segment at BearingPoint, said:

"With all our defense clients we are in a critical time and we are going to continue to play a key role to supporting their business."

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