CACI Forms New C4ISR Solutions and Mission Systems and Services Business Groups to Pursue Strategic
CACI Forms New C4ISR Solutions and Mission Systems and ServicesBusiness Groups to Pursue Strategic Growth Opportunities
CACI Veterans Lou Lifrieri and Mike Rhodes to Lead New Groups
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI) today announced that effective April 8, 2013, the company will form two new business groups, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) Solutions and Missions Systems and Services, to pursue strategic growth opportunities across all its markets.
The C4ISR Solutions business group will be headed by Executive Vice President Lou Lifrieri, who joined CACI through its 1998 acquisition of QuesTech, Inc. Mr. Lifrieri's strong track record includes managing some of CACI's largest programs, such as the $19.25 billion Strategic Services Sourcing (S3) multiple-award contract. His contributions have been essential to the growth of CACI's intelligence, C4ISR, and logistics and material readiness capabilities.
The Mission Systems and Services business group will be headed by Executive Vice President Mike Rhodes, another veteran of the QuesTech acquisition. He comes to his new role with significant experience managing profitable divisions for a wide variety of customers. With a primary focus on C4ISR applications, logistics, intelligence solutions, investigation services, and strategic communications, Mr. Rhodes leads a group of highly diversified operations, engineering, scientific, logistics, and communications professionals.
As part of a carefully planned leadership succession, both business group leaders were developed into their roles by CACI Executive Vice President Karl Johnson, whose former organization, CACI's Mission Systems Group, now becomes the two new business groups. Mr. Johnson will also remain with the company in a special advisory capacity until his retirement on July 5, 2013.
The organizational alignment is strongly supported by CACI Executive Chairman Dr. J.P. (Jack) London and CACI's Board of Directors, who expressed their sincere gratitude for Mr. Johnson's important contributions to the company. Mr. Johnson joined CACI in 2005 and was named leader of his business group in 2009. Under his leadership, the group's business nearly doubled through both organic growth and mergers and acquisitions, and he played a central role in CACI's sustained business growth with the U.S. Army, Special Operations community, and mission-critical Department of Defense agencies.
The new business groups report directly to CACI's Chief Operating Officer and President of U.S. Operations, John Mengucci. According to Mr. Mengucci, "The establishment of our C4ISR Solutions and Mission Systems and Services business groups is the result of carefully planned leadership succession. Lou Lifrieri and Mike Rhodes are highly capable professionals who give us focused leadership in areas that are mission-critical to our customers. The alignment from one to two business groups also tightly integrates resources and skillsets to better pursue growth opportunities."
CACI President and Chief Executive Officer Ken Asbury said, "We believe our new teams and leaders will bring great energy to winning business in their areas. With the formation of these new groups, CACI again demonstrates the agility it takes to compete in a challenging environment. We are leveraging our strengths where it makes the most sense by dedicating resources and personnel that add value to customer missions and deliver top shareholder returns."
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 15,500 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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