CACI Makes Key Investment in Geospatial Capabilities
CACI Makes Key Investment in Geospatial Capabilities
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE:CACI) announced today it is strategically aligning its geospatial capabilities. Specific actions include expanding the company's offerings, consolidating its production facilities, and tailoring its capabilities to market dynamics and future needs. CACI's core geospatial capabilities will be reinforced within CACI's high-capacity, high-tech facility in Fort Collins, Colorado following the closure of its facilities in Wooster, Ohio. CACI has also made significant investments in its new facility in St. Louis to strengthen interaction with and support for the National Geospatial-Intelligence Agency.
As part of the alignment, CACI has introduced a number of measures aimed at reducing costs and improving operational efficiency. In addition, the company will continue to diversify its base across the market by delivering cutting-edge skills, products, and services to address current and future demand.
The "Front Range" geospatial hotbed in Colorado, also known as the "GIS Alley," is one of the foremost areas for geospatial study and innovation, and a major hub for the geospatial industry in the United States. By centering operations at its Fort Collins facility, CACI has expanded its ability to attract the high-level talent and pursue the industry partnerships necessary to continually strengthen our leadership position in the market.
St. Louis is a key location for CACI's government engagement. The National Geospatial-Intelligence Agency is one of the largest employers in the region, and as the preeminent government producer of geospatial services, it is a repository of vast quantities of geospatial data. The region is also home to a number of other major government entities who depend on geospatial support, including the U.S. Geologic Services, the U.S. Transportation Command, and the Air Mobility Command. CACI's expanded St. Louis presence will afford easy access to principal clients and a chance to showcase its new services.
CACI's geospatial solutions and services support the full lifecycle of collection, processing, exploitation, analysis, and dissemination of geospatial information relating to defense, intelligence, homeland security, and commercial applications. The company produces hard-copy and digital maps, value-added intelligence analysis, three-dimensional products, and mobile solutions on an enterprise scale. CACI's time-proven expertise encompasses multi-source data analysis and conflation, diverse sensor exploitation, location-based service, and geographic information system integration and deployment.
Jake Jacoby, Executive Vice President of CACI's National Solutions Group, said, "We are excited to be a major part of the geospatial community in Colorado. As an early adopter and integrator of technological breakthroughs, CACI will continue to diversify its base across the market and bring innovations to all customers, without reducing focus on the needs of traditional and Industry-leading partners."
According to CACI President and Chief Executive Officer Ken Asbury, "CACI is committed to being an industry leader as the demand for innovative geospatial capabilities increases in the United States and internationally. These changes will ensure we are positioned to continue our strong performance and capture additional growth opportunities presented by the ongoing transformation currently happening in the market."
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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