CACI Awarded $284 Million Contract by National Security Agency

Rhea-AI Summary

CACI International Inc (NYSE: CACI) has secured a prime contract valued at up to $284 million with the National Security Agency (NSA) to enhance its Cybersecurity Directorate. This five-year contract aims to improve NSA's systems engineering practices in light of rising cybersecurity threats. John Mengucci, CACI's CEO, emphasized the company's commitment to supporting critical national security missions. CACI, recognized for its innovation and expertise, boasts approximately 22,000 employees and is a member of various prestigious indices, including the Fortune 1000 and S&P MidCap 400.

Positive

• Awarded a prime contract worth up to $284 million by NSA.
• Contract duration of five years focused on cybersecurity enhancements.
• Strengthens CACI's position in national security and cybersecurity sectors.
• CEO's commitment to delivering engineering solutions indicates strong leadership.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it has been awarded a single-award prime contract worth up to $284 million by the National Security Agency (NSA) to provide mission expertise and systems engineering support for NSA’s Cybersecurity Directorate.

As the pace and scope of cybersecurity threats continue to increase, CACI’s specialized expertise and knowledge in cybersecurity will help engineer solutions for some of our nation’s most critical national security missions. Under the five-year contract, CACI will help to modernize NSA’s systems engineering practices across their extended enterprise.

John Mengucci, CACI President and Chief Executive Officer, said, “This award reflects CACI’s ongoing commitment to support the NSA’s critical missions. We appreciate the NSA’s trust and confidence in our ability to find the right people with the right skills to protect these systems against an everchanging range of threats and to bring engineering solutions to reality.”

ABOUT CACI

CACI’s approximately 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, 2022, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230123005122/en/

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

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

Investor Relations:

Daniel Leckburg

Senior Vice President, Investor Relations

(703) 841-7666, dleckburg@caci.com

Source: CACI International Inc

FAQ

What is the value of the contract awarded to CACI by the NSA?

The contract awarded to CACI by the NSA is valued at up to $284 million.

How long is the CACI contract with the NSA?

The CACI contract with the NSA is for a duration of five years.

What will CACI provide under its contract with the NSA?

CACI will provide mission expertise and systems engineering support for the NSA's Cybersecurity Directorate.

What does CACI's contract with the NSA signify?

The contract signifies CACI's enhanced role in supporting critical national security missions amid increasing cybersecurity threats.