The new deal will see Kaz provide Alcoa with mainframe and technical support in addition to the application development and support services it already provides. The new services will boost Alcoa's spend on Kaz' services to AU$5 million this year.
The deal -- secured after what Kaz termed an "an extensive and highly competitive tender process" involving several tech outsourcing companies -- entrenches the Australian outsourcer's position within Alcoa, who operates the largest integrated bauxite mining/alumina refining/aluminium smelting system in the world.
Kaz Group recently talked down corporate contracts and was eager to point out that 58 percent of its revenue was now coming from government contracts.
While the corporate market for information technology services remained subdued, "the government sector remains strong and now accounts for 58 percent of revenues," the company said earlier this month.
Kaz has had a very busy year, restructuring the company into three separate divisions, Kaz Technology Services, Kaz Business Services, and Kaz Software Services. That task included integrating acquired businesses Aspect Computing, Ausdata, and Australian Administration Services (AAS) into those three streams.
The recent re-structure cost the company $3.5 million.
The last year has seen KAZ's share price swing between a low of $0.11 a share up to it's 52 week high a year ago of $0.295. It's currently trading 3 cents shy of that figure at $0.265.
Natalie Hambly contributed to this report.
