CACI Awarded $53 Million Contract to Provide Acquisition Support for Naval Sea Systems Command
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI) announced today that it has been awarded a $53 million follow-on contract to continue providing acquisition and lifecycle support for the Expeditionary Warfare and Maritime Surveillance Program Offices (PMS408 and PMS485) of the Naval Sea Systems Command (NAVSEA). This award, which is for a six-month base period and two six-month options, demonstrates CACI's strong capability in the logistics and material readiness market.
With a force of 60,000 civilian, military, and contract support personnel, NAVSEA engineers, procures, and maintains the Navy's ships and submarines and their combat systems. CACI is providing acquisition and lifecycle support, data management, financial management, and technical support to help the following NAVSEA program offices procure and sustain this equipment: Explosive Ordnance Disposal; Joint Counter Radio Controlled Improvised Explosive Device (IED) Electronic Warfare; Anti-Terrorism Afloat; Maritime Surveillance Systems; and Naval Special Warfare. CACI's work on this contract will help the Navy field critical in-theater systems such as counter-IED jamming devices, bomb bots, ship self-defense capabilities, and long-range submarine tracking systems.
CACI has supported these complex acquisition programs since 2005, and its subject matter experts provide a broad range of program planning, technical evaluation, financial monitoring, and logistics expertise. CACI's previous accomplishments in this arena include developing an interactive data environment to make workflows and processes more efficient, reduce cycle time, and increase productivity.
According to John Mengucci, CACI Chief Operating Officer and President of U.S. Operations, "The Naval Sea Systems Command has been a valued CACI client since 1974 and we have an in-depth familiarity with their mission and processes. On this follow-on contract supporting the Expeditionary Warfare and Maritime Surveillance Programs, we continue to provide a strong team that assures the Navy of cost savings and increased productivity in their acquisition processes."
CACI President and Chief Executive Officer Dan Allen said, "As our nation looks to new and better ways to safeguard our troops, this contract demonstrates the Naval Sea Systems Command's continued confidence in CACI's ability to meet their most vital needs. We are proud to provide the support and solutions to help the Navy field critical systems that will save lives in theater."
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian clients. A member of the Fortune 1000 Largest Companies and the Russell 2000 Index, CACI provides dynamic careers for approximately 14,900 employees working in over 120 offices worldwide. Visit 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, 2012, 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.
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