CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year task order, with a ceiling value of nearly $70 million, to assist the U.S. Navy in assessing its weapons and integrated combat systems.
Under this task order, CACI will provide engineering and information technology expertise, including combat systems acquisition readiness and performance assessment support, to the Naval Surface Warfare Center (NSWC) Corona Division. Awarded under the SeaPort-e contract vehicle, the task order represents continuing work for CACI.
In the past year, as part of the Navy’s “Clear Decks Initiative,” CACI experts at the warfare center have made critical safety improvements to protect personnel during weapons testing. For example, CACI and Navy engineers developed a remote-control telemetry system to track missile flight paths so personnel would no longer need to be on deck to collect data during live-fire exercises.
John Mengucci, CACI President and Chief Executive Officer, said, “CACI’s seasoned engineers and technical specialists are ready to provide the expertise the Naval Surface Warfare Center needs to continue its success as the service’s only independent analysis and assessment center.”
CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “CACI is proud to support the Navy’s mission of maintaining maritime superiority, deterring aggression, and providing humanitarian assistance. Our work with the Navy will always reflect CACI’s culture of character, ethics, and integrity.”
CACI’s 22,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World’s Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at 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, 2018, 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.