STOCK TITAN

CACI Awarded $373 Million Contract to Provide Geospatial Intelligence Expertise to U.S. Special Operations Command

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

CACI International Inc (NYSE: CACI) has secured an eight-year contract valued at $373 million to deliver geospatial intelligence analysis for U.S. Special Operations Command (SOCOM). This contract includes full-lifecycle geospatial intelligence support, encompassing data processing and infrastructure maintenance. CACI aims to enhance SOCOM's intelligence operations using advanced techniques. The company, recognized for its commitment to excellence and innovation, employs around 23,000 individuals and is noted for delivering strong shareholder value as part of the Fortune 1000 and S&P MidCap 400 Index.

Positive
  • Awarded an 8-year contract with a ceiling value of $373 million.
  • Provides full-lifecycle GEOINT analysis expertise and IT infrastructure support.
  • Strengthens partnership with U.S. Special Operations Command.
Negative
  • None.

CACI International Inc (NYSE: CACI) announced today that it was awarded an eight year, single-award contract, with a ceiling value of $373 million, to provide geospatial intelligence (GEOINT) analysis expertise to U.S. Special Operations Command (SOCOM).

Under the contract, seasoned CACI intelligence experts will provide mission expertise, including full-lifecycle geospatial intelligence analytic support. Additionally, CACI system engineers will help maintain and evolve SOCOM’s intelligence information technology infrastructure.

Full lifecycle GEOINT expertise, a unique offering provided by CACI, will apply to all phases of processing intelligence, including the immediate reporting, corroboration, and contextualization of data. Meanwhile, CACI will update and maintain SOCOM’s geospatial architecture infrastructure and tools to ensure intelligence data is correctly and efficiently distributed to analysts.

John Mengucci, CACI President and Chief Executive Officer, said, “CACI is a proven partner for SOCOM, and has demonstrated it can dynamically support the command with the intelligence expertise it needs. CACI looks forward to applying the latest techniques in geospatial intelligence to support SOCOM’s global mission.”

CACI’s approximately 23,000 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, 2020, 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

FAQ

What contract was awarded to CACI on May 24, 2021?

CACI was awarded an eight-year contract valued at $373 million to provide geospatial intelligence analysis to U.S. Special Operations Command.

How long is the contract CACI received from SOCOM?

The contract awarded to CACI is for eight years.

What is the value of the CACI contract with SOCOM?

The contract has a ceiling value of $373 million.

What services will CACI provide under the SOCOM contract?

CACI will deliver full-lifecycle geospatial intelligence analytic support and maintain SOCOM's intelligence information technology infrastructure.

What does full-lifecycle GEOINT expertise entail?

Full-lifecycle GEOINT expertise includes all phases of processing intelligence, such as reporting, corroboration, and contextualization of data.

CACI INTERNATIONAL CLA

NYSE:CACI

CACI Rankings

CACI Latest News

CACI Stock Data

8.96B
22.08M
1.46%
89.46%
1.53%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON