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CACI CACI International Inc

404.87
3.00 (0.75%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CACI International Inc NYSE:CACI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 0.75% 404.87 406.78 396.39 401.87 200,907 00:17:57

CACI Awarded $112 Million Task Order by U.S. Army to Provide Technical Research and Development Support

04/05/2020 1:30pm

Business Wire


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CACI International Inc (NYSE: CACI) announced today that it was awarded a five-year, single-award task order, with a ceiling value of $112 million, by the U.S. Army’s Systems Engineering, Architecture, Modeling and Simulations (SEAMS) Division to provide research and development on modeling and simulation, analysis, engineering, networking, and experimentation support.

Under the task order, awarded under the RS3 contract vehicle, CACI will provide mission expertise and technology with timely, efficient, and quality support services to help fulfill the SEAMS Division’s technical service requirements. The SEAMS Division reports to the Army’s Combat Capabilities Development Command’s (CCDC) Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR) Center, within the Space and Terrestrial Communications Directorate (S&TCD). CCDC is a major subordinate command to the Army Futures Command (AFC).

CACI engineers, technicians, and analysts will provide expertise to the SEAMS Division and C5ISR Ground Activity, including by conducting systems engineering and integration, data collection and analysis, and modeling and simulation at those organizations’ labs and facilities. For example, CACI will support networked communications systems for the warfighter to determine how communication systems, such as military and commercial satellites and tactical radios, will interoperate across all services and environments.

Under the task order, CACI plans to build on its successful track record with SEAMS, S&TCD, CCDC, and AFC. CACI also recently won a five-year, single-award task order, with a ceiling value of more than $465 million, supporting the Cyber Security and Information Assurance division of S&TCD. This contract support award will provide research and development on cryptographic modernization, information security, and tactical network protection.

John Mengucci, CACI President and Chief Executive Officer, said, “This continuing work demonstrates CACI’s proven and successful expertise in providing the Army Futures Command and SEAMS Division with the research and development and technology needed to ensure they are able to advance and fulfill their critical missions.”

CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “CACI remains committed to safeguarding our nation in the face of today’s threats and keep our Armed Forces informed, equipped, and mission-ready.”

CACI’s 23,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. 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, 2019, 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 Award

Corporate Communications and Media: Jody Brown, Executive Vice President, Public Relations (703) 841-7801, jbrown@caci.com

Investor Relations: Daniel Leckburg, Senior Vice President, Investor Relations (703) 841-7666, dleckburg@caci.com

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