STOCK TITAN

CACI Awarded $48 Million Contract to Provide Enterprise Technology in Support of National Public Warning System

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

CACI International Inc (NYSE: CACI) has secured a five-year, single award, indefinite delivery/indefinite quantity (ID/IQ) contract worth up to $48 million from FEMA. The contract focuses on the sustainment, decommissioning, construction, and modernization of the National Public Warning System (NPWS). This system is crucial for disseminating emergency alerts to the public. CACI will enhance the resiliency of 77 stations nationwide and provide training and logistical support to FEMA emergency managers. This contract builds on CACI's existing relationship with FEMA's IPAWS Lab.

Positive
  • Awarded a contract worth $48 million from FEMA, enhancing credibility.
  • Continues support for the critical NPWS, improving national emergency communication.
  • Involves training for emergency managers, adding value to FEMA operations.
Negative
  • None.

CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year, single award, indefinite delivery/indefinite quantity (ID/IQ) contract, with a ceiling value of $48 million, by the Federal Emergency Management Agency (FEMA) to provide sustainment, decommissioning, construction, modernization, and environmental and historic preservation to the National Public Warning System (NPWS).

The NPWS, maintained by FEMA’s Integrated Public Alert and Warning System (IPAWS) Directorate, is a nationwide alert and warning system used to issue national emergency information to all Americans in the event of a national crisis. FEMA maintains and operates this system for the dissemination of critical national warning messages by broadcast, cable, satellite, and wireline radio and television channels.

Under the contract, CACI will continue to provide enterprise technology to FEMA to improve the resiliency and survivability of the 77 stations nationwide with an all-hazards shelter system, including protections against High-Altitude Electromagnetic Pulses (HEMP). CACI will also provide sustainment support for the stations, to include training for emergency managers, as well as operations and maintenance, project management, and logistical support.

The most recent award builds upon enterprise expertise CACI already provides to IPAWS Lab. For example, CACI personnel will provide technical training and support for emergency managers tasked with warning the American public in case of a potential emergency.

John Mengucci, CACI President and Chief Executive Officer, said, “CACI is proud FEMA has chosen our company to modernize the National Public Warning System, which is critical to disseminating safety information to the public. We look forward to continuing to provide FEMA with new resilient communications technologies to ensure the American public can rely upon the NPWS during emergencies.”

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 is the value of the FEMA contract awarded to CACI?

The contract awarded to CACI by FEMA has a ceiling value of $48 million.

What is the purpose of the contract CACI received from FEMA?

The contract focuses on the sustainment, decommissioning, construction, and modernization of the National Public Warning System.

How long is the contract awarded to CACI by FEMA?

The contract is awarded for five years.

What system will CACI help to modernize under the FEMA contract?

CACI will help to modernize the National Public Warning System (NPWS).

What does the National Public Warning System do?

The NPWS is used to issue national emergency information to all Americans during national crises.

CACI INTERNATIONAL CLA

NYSE:CACI

CACI Rankings

CACI Latest News

CACI Stock Data

10.56B
22.08M
1.46%
89.49%
1%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON