CACI Awarded Over $480 Million in National Intelligence Contracts in First-Quarter Fiscal Year 2014
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYS: CACI) announced today that it has been awarded over $480 million in contracts with federal government clients in the Intelligence Community during the company's Fiscal Year 2014 first quarter, which began on July 1, 2013 and will end September 30, 2013. With these contracts for national-level intelligence organizations serving the nation's security, CACI continues to expand its business in its high-volume intelligence market area.
Intelligence continues to be an important market for CACI. These awards emphasize system engineering, migration, testing, and operations. Additionally, the company will be providing software development and integration to support intelligence analysis, program management services, technical analysis, geospatial products and support, network operations, technical collection, and general mission support services. While specifics are classified, the awards provide mission services and mission support to a number of Intelligence Community members and to classified intelligence programs within the Department of Defense.
According to John Mengucci, CACI's Chief Operating Officer and President of U.S. Operations, "With nearly half-a-billion dollars worth of contract awards, CACI's intelligence business remains key to our growth strategy and provides an outstanding example of how we continue to leverage operational excellence into business success."
CACI President and Chief Executive Officer Ken Asbury said, "CACI differentiates itself both through our unique capabilities in high-growth market areas like cyberspace and healthcare, as well as through our sustained strong performance in our high-volume market areas such as intelligence. As these first-quarter intelligence awards indicate, CACI solutions and services remain in high demand among customers performing the most critical national security missions."
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A member of the Fortune 1000 Largest Companies and the Russell 2000 Index, CACI provides dynamic careers for approximately 15,000 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.
CACI International Inc
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
David Dragics, Senior Vice President, Investor Relations
KEYWORDS: United States North America Virginia
The article CACI Awarded Over $480 Million in National Intelligence Contracts in First-Quarter Fiscal Year 2014 originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.