CACI Awarded $376 Million Task Order to Support USDA Supply Chain Management System

Rhea-AI Summary

CACI International Inc (NYSE: CACI) announced a seven-year task order valued at $376 million from the U.S. Department of Agriculture to enhance its Web Based Supply Chain Management (WBSCM) system. This task order includes cloud migration and modernization to SAP S/4HANA, aimed at increasing efficiency and reducing costs in food and nutrition programs. The WBSCM system supports vital programs like the National School Lunch Program and the Farmers to Families Food Box initiative, which provided food aid during the COVID-19 pandemic.

Positive

• Awarded a $376 million task order from the U.S. Department of Agriculture.
• Focus on cloud migration and modernization of the WBSCM system.
• Improvements aimed at increasing productivity and reducing costs.

Negative

• None.

CACI International Inc (NYSE: CACI) announced today that it was awarded a seven-year task order, with a ceiling value of $376 million, to provide mission technology to the U.S. Department of Agriculture to sustain and modernize the department’s Web Based Supply Chain Management (WBSCM) system, which supports domestic and international food and nutrition programs administered by the USDA and USAID.

Under the task order, awarded under the GSA Alliant II contract vehicle, CACI will provide continued sustainment and business process improvements to USDA’s WBSCM system, including a cloud migration, modernization to SAP S/4HANA, and deployment of additional Salesforce capabilities. These improvements will help increase the productivity and lower the sustainment costs of USDA’s food and nutrition assistance programs by modernizing and automating software functions.

The WBSCM program is a web-based commodity ordering, acquisition, distribution, and tracking system built on SAP® and Salesforce commercial software. It supports USDA and USAID-administered food and nutrition assistance programs, including the National School Lunch Program, the global UN World Food Program, the Emergency Food Assistance Program, and the Farmers to Families Food Box program. The Farmers to Families Food Box was launched last year to purchase and distribute more than 125 million food boxes containing American agricultural products to families experiencing food insecurity during the COVID-19 pandemic.

John Mengucci, CACI President and Chief Executive Officer, said, “This award combines CACI’s high-performance cloud computing and secure, reliable supply chain technologies, which our company provides to the USDA and other federal civilian enterprise customers. We look forward to helping the department to streamline their logistics systems, to support American farmers and help feed people during their time of need.”

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210414005116/en/

FAQ

What is the value of the new task order awarded to CACI by the USDA?

The task order has a ceiling value of $376 million.

What will CACI provide under the task order from the USDA?

CACI will provide mission technology to sustain and modernize the WBSCM system.

How long is the task order awarded to CACI?

The task order is for seven years.

Which programs will benefit from the modernization of the WBSCM system?

Programs include the National School Lunch Program and the Farmers to Families Food Box initiative.

What technologies will CACI implement for the USDA's WBSCM system?

CACI will implement cloud migration and modernization to SAP S/4HANA.