CACI Awarded $59.8 Million Task Order Contract to Provide Modeling and Analysis Support for U.S. Navy
By Business Wire News
By Business Wire News
CACI International Inc (NYSE MKT: CACI) announced today it has been awarded a task order contract valued at $59.8 million to provide modeling and analysis support services for the U.S. Space and Naval Warfare Systems Command (SPAWAR) Space and Naval Warfare Systems Center (SSC) Atlantic Business Portfolios. The four-year task order, awarded under the indefinite delivery/indefinite quantity multiple-award SPAWAR Pillar Business and Force Support contract vehicle, represents continuing work for CACI in the company’s Logistics & Material Readiness market area.
The SSC Atlantic serves naval, joint, and national warfighters by designing, acquiring, engineering, and sustaining systems, sensor connections, cyber network infrastructures, and knowledge management services to ensure the reliability and security of crucial information.
Under the terms of the award, CACI will continue supporting SSC Atlantic in developing, implementing, and training users in the Maintenance Figure of Merit (MFOM) program. MFOM offers the Navy the ability to analyze the impact of ship maintenance tasks on mission readiness, then decide how those tasks can be prioritized. CACI’s solutions provide the capability to simulate the impacts so that the Navy can choose the best course of action before investing maintenance time and money.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “Drawing from our deep experience supporting the various legacy systems that feed and/or interface with the Maintenance Figure of Merit program, CACI is leveraging our world-class modeling and simulation capabilities to aid the Navy in most effectively applying ship maintenance resources.”
According to CACI President and Chief Executive Officer Ken Asbury, “One of the keys to CACI’s success is the strong relationships we build with customers like the SPAWAR Command, which gives us the deep mission understanding that enables us to develop the innovative solutions they require. This award also reaffirms our position as a leader in providing solutions that present DoD decision-makers with the information they need to accomplish missions of national and international importance.”
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 provides dynamic careers for over 16,700 employees in 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, 2014, 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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