CACI CACI International Inc Class A

CACI Awarded $190M Task Order to Support Department of Defense Information Technology Program

CACI International Inc (NYSE:CACI) announced today that it has been awarded a task order, with a potential value of $190 million, to support the Department of Defense’s Joint Service Provider (JSP) Information Technology Service Delivery Support Requirement program. The three-year, six-month task order, originally won under the Alliant contract vehicle in the fourth quarter of CACI’s Fiscal Year 2016, represents new business in the company's Enterprise IT market area.

JSP provides information technology (IT) products, services, solutions, and customer support to the Office of the Secretary of Defense (OSD), the Joint Chiefs of Staff, the Director of Administration, the Pentagon Force Protection Agency, the Washington Headquarters Services, various other OSD offices, and headquarters offices of each U.S. military service branch to meet mission and business requirements.

Under the JSP contract CACI will provide performance-based service management, including a broad range of consolidated IT services consisting of audio/visual/video teleconferencing, service desk, support for alternate operating locations as required to assure operations and information systems contingency for mission-essential functions, telecommunications, and enterprise print management for approximately 22,000 users. This work will leverage sophisticated capabilities and industry best practices to improve the efficiency and reduce the complexity of IT support services for OSD and its affiliates.

John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI has extensive experience providing high-performance, high-quality information technology support services to help the federal government operate with improved stability, agility, and efficiency.”

According to CACI President and Chief Executive Officer Ken Asbury, “This win is a sound example of our acquisition strategy driving continued growth in our Enterprise IT market area. Through our acquisition of National Security Solutions, we were able to leverage long-term relationships with the JSP, Joint Staff, and the Office of the Secretary of Defense to support them in providing world-class IT services that support the Department of Defense’s delivery of high-quality services to the American people.”

CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. 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.

CACI-Contract Awards/Markets We Serve

EN
06/03/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on CACI International Inc Class A

Moody's Ratings assigns Ba2 rating to CACI International's new senior ...

Moody's Ratings (Moody's) assigned a Ba2 rating to CACI International Inc's (CACI) new senior unsecured notes. We also affirmed the company's Ba1 corporate family rating (CFR) and the Ba1-PD probability of default rating (PDR). Concurrently, we upgraded the company's senior secured first lien bank c...

Caci International Inc: 1 director

A director at Caci International Inc sold 1,036 shares at 477.420USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch