CACI Awarded $24 Million Contract to Upgrade Common Ground Systems In U.S. Army Operations
New Task Order Enhances Warfighter Capabilities and Expands Company's Work Under Its Strategic Services Sourcing Contract With the Army
ARLINGTON, Va., Nov. 30 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE: CACI) announced today that it has been awarded a $24 million task order to provide program management and technical engineering services to upgrade Common Ground Systems (CGS) with subsystems from the U.S. Army's Distributed Common Ground System-Army (DCGS-A) Ground Mobile system. CACI received the eighteen-month award under its Strategic Services Sourcing (S3) contract with the Army. The contract is new work for the company and increases its work under the S3 contract vehicle, which already totals more than two billion dollars in task orders.
The DCGS-A integrates intelligence, surveillance, and reconnaissance data within a single system to streamline the Army's ability to process and disseminate this data to commanders in the field. Using this intelligence information, field commanders gain a better situational understanding of their environment. This includes visualizing and analyzing imminent threats, predicting threat intentions, and developing countermeasures.
The enhanced CGS systems will provide warfighters with improved means of receiving, processing, and sharing intelligence data in a mobile, tactical environment. The CACI team will develop and integrate software and provide lifecycle management for the integrated systems. CACI will perform budget and program financial analysis to assure costs are contained, effectively manage and train users for more effective system use, and provide logistical support for optimal system deployment.
Bill Fairl, CACI's President of U.S. Operations, said, "We're pleased that the Army has, once again, shown its confidence in our proven ability to support the Distributed Common Ground System-Army. It's good to know that the solutions our team provides will be actively involved in delivering the intelligence our warfighters need in challenging in-theater operations."
According to CACI President and CEO Paul Cofoni, "For decades, CACI has helped the Armed Forces attain the greatest value from rapidly evolving technology. With the value of our task orders now totaling more than $2 billion under the Army's Strategic Services Sourcing contract vehicle, CACI continues to provide critical support in countering global terrorism."
CACI provides professional services and IT solutions needed to prevail in the defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,700 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
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 following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other government entities with cognizant oversight; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); market speculation regarding our continued independence; material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
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SOURCE CACI International Inc
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