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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 01:00:00

CACI Awarded Prime Position on $978 Million IDIQ for National Geospatial-Intelligence Agency

27/10/2016 6:00pm

Business Wire


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Company Awarded First Task Order for $29 Million to Deliver Full-Motion Video Analysis

CACI International Inc (NYSE: CACI) announced today that it has been awarded a prime position on the Full-Motion Video (FMV) functional area of the Multi-Intelligence Analytical and Collection Support Services (MACSS) multiple-award, indefinite delivery/indefinite quantity (IDIQ) contract vehicle to support the National Geospatial-Intelligence Agency (NGA). The company has also been awarded a five-year, $29 million task order, the first to be awarded under the MACSS contract vehicle, which has a ceiling of $978 million. The award of the contract vehicle is an outcome of CACI’s 2016 acquisition of National Security Solutions (NSS) and represents new work for CACI in its Intelligence Services market area.

The NGA collects, analyzes, and distributes imagery and geospatial intelligence for the U.S. Intelligence Community (IC) and Department of Defense in support of national security. Under the terms of the contract vehicle, CACI will provide airborne intelligence, surveillance, and reconnaissance and FMV expertise and analysis to the NGA and its customers, in support of U.S. and allied operations around the globe.

John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI is uniquely qualified to support the National Geospatial-Intelligence Agency in all areas of geospatial intelligence, including full-motion video analysis and exploitation. Our decade-long experience in this highly specialized field enables us to deliver the actionable, time-critical information NGA’s customers need to fulfill their missions in a turbulent world.”

According to CACI President and Chief Executive Officer Ken Asbury, “CACI is committed to providing solutions and services that our government customers can rely on to safeguard our national security. We are proud to support NGA’s mission with an unprecedented level of expertise and innovation, and a commitment to ethics and integrity.”

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

CACI International IncCorporate Communications and Media:Jody Brown, Executive Vice President, Public Relations703-841-7801, jbrown@caci.comorInvestor Relations:David Dragics, Senior Vice President, Investor Relations866-606-3471, ddragics@caci.com

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