CACI Awarded $226 Million Task Order to Provide Expertise to the U.S. Southern Command Operations (USSOUTHCOM)

Rhea-AI Summary

CACI International (NYSE: CACI) has secured a $226 million task order to support U.S. Southern Command Operations (USSOUTHCOM). The five-year Southern Command Operations, Planning, and Engagement Support (SCOPES) task order was issued by GSA Assisted Acquisition Services Defense. CACI will leverage its two-decade experience across five geographic combatant commands and U.S. Special Operations Command to deliver integrated services enhancing USSOUTHCOM's capabilities. The company's expertise includes regional knowledge of threats, opportunities, and challenges specific to these regions.

Positive

• Secured substantial $226 million contract
• Five-year contract duration providing stable revenue stream
• Builds on existing 20+ years of experience in the sector
• Expands presence in defense sector operations

Negative

• None.

Insights

Defense Industry Analyst

The $226 million USSOUTHCOM task order represents a significant win for CACI, strengthening its position in the defense contracting sector. The five-year contract duration provides stable, predictable revenue streams and enhances the company's already robust relationship with the Department of Defense. This award builds upon CACI's two-decade presence across multiple combatant commands, demonstrating strong competitive advantages and high barriers to entry in this specialized market.

The contract's focus on operational support and strategic expertise aligns perfectly with CACI's core competencies and higher-margin service offerings. With a $12.67 billion market cap, this contract represents approximately 1.8% of CACI's current market value, making it a meaningful addition to the company's $6.5 billion annual revenue base. The award reinforces CACI's strong positioning in the defense technology and services market, particularly in mission-critical operations support.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year task order valued at up to $226 million to provide expertise to the U.S. Southern Command Operations (USSOUTHCOM).

“USSOUTHCOM is a complex environment that requires proven mission, operational, and strategic expertise,” said John Mengucci, CACI President and Chief Executive Officer. “CACI’s successful past performance delivering similar support across various DoD combatant commands positions us well to protect U.S. interests while working with strategic partners to enhance national security and protect the homeland. Our professional, technical, and theater expertise will assist USSOUTHCOM in completing priority missions and mitigate operational risk.”

For more than two decades, CACI has maintained a flexible global footprint across five geographic combatant commands and U.S. Special Operations Command. CACI has amassed deep regional knowledge on the threats, opportunities, and challenges specific to these regions – making CACI well-equipped to deliver scalable, flexible, and responsive mission support that drives efficiencies, promotes information sharing, and enhances customer and allied partner capabilities.

Under the Southern Command Operations, Planning, and Engagement Support (SCOPES) task order, issued by the General Services Administration (GSA) Assisted Acquisition Services (AAS) Defense, CACI will utilize its understanding of systems, processes, and partnerships across USSOUTHCOM to deliver flexible, efficient, and responsive solutions providing integrated services that promote, facilitate, and enhance USSOUTHCOM’s capabilities.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, 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, 2024, 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-Award-Business Wire

View source version on businesswire.com: https://www.businesswire.com/news/home/20241101086007/en/

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, lorraine.corcoran@caci.com

Investor Relations:

George Price

Senior Vice President, Investor Relations

(703) 841-7818, george.price@caci.com

Source: CACI International Inc

FAQ

What is the value of CACI's new USSOUTHCOM task order contract?

CACI's new USSOUTHCOM task order contract is valued at up to $226 million.

How long is the duration of CACI's USSOUTHCOM contract?

The USSOUTHCOM contract has a duration of five years.

What services will CACI provide under the SCOPES task order?

CACI will provide integrated services that promote, facilitate, and enhance USSOUTHCOM's capabilities, utilizing their understanding of systems, processes, and partnerships.

Which agency issued the SCOPES task order to CACI?

The SCOPES task order was issued by the General Services Administration (GSA) Assisted Acquisition Services (AAS) Defense.