CACI Awarded Prime Position on $899 Million Multiple-Award Contract to Provide Integrated Cyber Operations Services to U.S. Navy
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI) announced today that it has been selected as one of 13 prime contractors to support Integrated Cyber Operations (ICO) services for the U.S. Navy. With an anticipated ceiling value of $899 million, this five-year (one base plus four options) indefinite delivery/indefinite quantity contract is one of multiple "Pillar" contracts that will support the entire spectrum of non-inherently governmental services and solutions associated with full system lifecycle support of the Space and Naval Warfare (SPAWAR) Atlantic Business Portfolios. This new work is one of four prime Pillar awards CACI has won and expands the company's business in its Cyberspace market.
Under the ICO contract, CACI will provide the Navy with integrated cyber operations services that include research, development, test, evaluation, production, and fielding of sustainable, secure, survivable, and interoperable C5ISR (command, control, communication, computers, combat systems, intelligence, surveillance, and reconnaissance), information operations, enterprise information services, and space capabilities.
John Mengucci, CACI's Chief Operating Officer and President of U.S. Operations, said, "CACI will leverage our proven cyberspace and information assurance solutions and industry-recognized processes to provide the high-quality, high-value services the U.S. Navy needs to fulfill its mission."
According to CACI President and Chief Executive Officer Ken Asbury, "This new work in integrated cyber operations services positions us to expand our business in our high-growth Cyberspace market area. It is part of our focused strategy to win large contract vehicles that allow us to offer a wide range of capabilities our customers can rely on to fulfill their critical 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.
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