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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 | |
---|---|---|---|---|---|---|---|---|
3.32 | 0.75% | 443.15 | 446.75 | 438.20 | 442.85 | 148,726 | 22:30:00 |
Proven Solutions for Critical Systems Used by U.S. Special Operations, Combatant Commands
CACI International Inc (NYSE MKT:CACI) announced today that it has been awarded an indefinite delivery/indefinite quantity contract, with a ceiling value of $77 million, to provide communications systems, satellite communications, and network support services to the Space and Naval Warfare Systems Center Atlantic (SSC Atlantic) in support of the U.S. Special Operations Command and other joint combat commands. The four-year contract was won as a result of CACI’s February 2016 acquisition of National Security Services (NSS) and represents continuing work in CACI’s Communications market area.
Under the contract, CACI will provide logistics and technical support for approximately 2,500 satellite communications systems worldwide, as well as wide-area network infrastructure services for some 90 sites in support of U.S. Special Operations Command and other joint combat commands.
For all these communications systems, CACI will provide full lifecycle support, including systems integration, training, and 24/7 worldwide technical support. The company is also updating its support facilities in Fayetteville, NC, where a significant portion of CACI’s support work is performed, to provide the customer with a larger operation co-located with customer facilities to increase efficiency and productivity in operations.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI is pleased to continue providing our proven communications solutions and services to the U.S. Special Operations Command and other combatant commands. We will leverage our expertise, coupled with our talented employees and upgraded facilities, to deliver new efficiencies in meeting their important communications requirements.”
According to CACI President and Chief Executive Officer Ken Asbury, “This significant recompete builds CACI’s business with the U.S. Special Operations Command, which we support through multiple programs and contracts. Our commitment to the Special Operations mission aligns both with our market-based strategy and our dedication to supporting U.S. national security. The award is also another example of the success of CACI’s mergers and acquisitions strategy in bringing new capabilities to our customers and growing our business.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI’s sustained commitment to ethics and integrity defines its corporate culture and drives its success. With approximately 20,000 employees worldwide, CACI provides dynamic career opportunities for military veterans and industry professionals to support the nation’s most critical missions. Join us! 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, 2016, 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
View source version on businesswire.com: http://www.businesswire.com/news/home/20161026005131/en/
CACI International IncCorporate Communications and Media:Jody Brown, Executive Vice President, Public Relations703-841-7801jbrown@caci.comorInvestor Relations:David Dragics, Senior Vice President, Investor Relations866-606-3471ddragics@caci.com
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