CACI Awarded $21.5 Million Contract to Continue Support for Naval Shipyard Training and Education Program
Solutions to Improve Individual, Team, and Organizational Alignment, Integration,Collaboration, and Performance
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI), announced today that it has been awarded a $21.5 million task order by the Naval Sea Systems Command (NAVSEA) to continue support of the comprehensive Naval Shipyard Training and Education Program (NSTEP). The task order was awarded under the Seaport II Enhanced contract vehicle, with the three-year contract calling for one base year and two option years. The award continues support CACI has provided for this client since 1992 and increases the company's business in strategic planning, business process improvement, and human capital and workforce development.
CACI will perform the work at the Naval Sea Systems Command headquarters, Naval Shipyards, and Navy maintenance facilities in the United States and Japan. Collectively, the Naval Shipyards perform approximately $4 billion worth of business a year and employ a workforce of about 29,000. NSTEP is a large-scale, shipyard-wide corporate approach to enhancing the Navy's industrial base competencies and capabilities. The program strengthens the Navy's ability to refine business processes, improve overall performance, and assure that fleet assets are more quickly available. In the past 10 years, the CACI-supported programs have graduated approximately 27,000 people.
CACI offers NAVSEA more than 20 years of experience providing change management, workforce and organizational development, and technical and managerial support for industrial and ship maintenance operations. The company provides a curriculum that covers topics such as strategy development, integrated team skills and team building, learning organization, interpersonal skills, and communications. Those trained through NSTEP include a range of Navy civilian and military personnel. Their enhanced skill-sets increase individual and organizational effectiveness and maintenance efficiency. These personnel then use these skill-sets on their work with the Navy's nuclear-powered ships to ensure that the ships are returned to the fleet on time and on budget.
According to John Mengucci, CACI Chief Operating Officer and President of U.S. Operations, "The solutions we provide for the Naval Sea Systems Command's Naval Shipyard Training and Education Program are integral to sustaining a viable workforce for our customers. This ongoing work is highly important to the nation and leverageable across all of CACI's core market segments."
CACI President and CEO Dan Allen said, "CACI's sustained superior performance has been key to our success in retaining NAVSEA's business for 20 years and through six contract re-competes. The proven training we provide for civilian and military personnel at naval facilities in the United States and overseas is crucial to keeping ships on station and protecting our national priorities."
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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