ARLINGTON, Va.--(BUSINESS WIRE)--
CACI International Inc (NYSE: CACI) announced today it has been awarded a $446 million prime contract to provide operations, maintenance, and sustainment of the U.S. Air Force Satellite Control Network (AFSCN). The single-award, seven-year contract represents new work for CACI, expanding the company’s presence in its Command and Control market area.
The Consolidated AFSCN Modifications, Maintenance, and Operations (CAMMO) contract combines three different efforts into a single, vertically integrated contract vehicle supporting the U.S. Air Force Space Command (AFSPC) Space and Missile Systems Center (SMC). SMC is responsible for on-orbit check-out, testing, sustainment, and maintenance of military satellite constellations and other Department of Defense space systems. The contract will assist SMC in its mission to deliver resilient and affordable space capabilities by providing reliable launch, remote tracking station, and satellite control network operations, maintenance, and sustainment, to include software engineering. The CAMMO contract was initially proposed by L-3 National Security Solutions, which CACI acquired on February 1, 2016, as part of its strategy to enhance CACI’s position as an innovative government solutions and services prime contractor. Harris Corporation (NYSE MKT: HRS) will continue to provide their proven success in operations and maintenance as a subcontractor to CACI on this contract.
CACI Chief Operating Officer and President of U.S. Operations John Mengucci said, “We understand the Space and Missile Systems Center’s mission and the critical role it plays in our nation’s defense. Our team’s proven approach to operations, maintenance, and sustainment will ensure high reliability and drive down total ownership costs over time. Our approach will speed the delivery of innovation to the Center, implement efficient processes, and enable faster response to changes in defense priorities.”
Ken Asbury, CACI’s President and Chief Executive Officer, said, “CACI is committed to bringing innovation, transparency, and outstanding project performance to the Space and Missile Systems Center and to all our customers. As we successfully implement this new program, we will expand the support we provide to command and control, and large-scale global space systems sustainment programs.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI’s sustained commitment to ethics and integrity defines its corporate culture and drives its success. With approximately 20,000 employees worldwide, CACI provides dynamic career opportunities for military veterans and industry professionals to support the nation’s most critical missions. Join us! 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, 2016, 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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