CACI Awarded Prime Position on $780 Million Multiple-Award Contract to Provide Training Products for Naval Air Warfare Center
New Work Will Enhance and Improve the Performance of Military Personnel
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI) announced today that it has been selected as one of several prime contractors to support the Naval Air Warfare Center Training Systems Division (NAWCTSD) on the Training Data Products Contract (TDPC). With an anticipated ceiling value of $780 million, this eight-year (five base years plus three options) multiple-award/indefinite quantity contract represents new work for CACI and expands the company's work in training product development.
Within the Naval Air Systems Command, NAWCTSD is the Navy's source for a full range of innovative products and services that provide complete training solutions. This includes requirements analysis, design, development, and full lifecycle support. TDPC will support the training needs of NAWCTSD's customers, which include not only Naval personnel but also military organizations throughout the Department of Defense. CACI will provide traditional training solutions, technology- and web-based training, job aids, and performance support systems to improve and enhance the performance of service members.
As a major provider of training development services, CACI is especially qualified to perform this work and has the ability and experience to deliver mission-oriented training that meets federal government standards. CACI's unique training process framework and attention to risk management and quality assurance will also help the Navy achieve high returns in cost savings and increased productivity and efficiency.
According to John Mengucci, CACI Chief Operating Officer and President of U.S. Operations, "This new work supporting the Naval Air Warfare Center demonstrates the strength of CACI's training solutions. Our industry-recognized instructional systems designers and multimedia developers and our comprehensive quality assurance checks ensure that we provide rapid, high-value solutions to meet our clients' training needs."
CACI President and Chief Executive Officer Dan Allen said, "Government agencies are increasingly focused on enhancing their training capabilities as a priority for effective and efficient mission execution. CACI supports this growing need with a suite of solutions and services that will help our Armed Forces and all federal employees perform at higher levels than ever before."
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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