CACI Awarded $80 Million Task Order with the U.S. Army to Provide Aerial Intelligence, Surveillance, and Reconnaissance

Rhea-AI Summary

CACI International Inc (NYSE: CACI) has secured a new task order valued at approximately $80 million from the U.S. Army’s Intelligence and Security Command (INSCOM) and the 116th Military Intelligence Brigade. This contract aims to enhance the Army's Solutions for Intelligence Analysis 3 (SIA-3) efforts by providing tactical intelligence and analytical support for aerial intelligence, surveillance, and reconnaissance missions. The task order spans a one-year period with four potential one-year extensions, primarily conducted in Ft. Gordon, Georgia.

Positive

• Awarded a new task order worth approximately $80 million.
• Supports U.S. Army’s Intelligence and Security Command and the 116th Military Intelligence Brigade.
• Enhances capabilities in tactical intelligence and geospatial signals intelligence.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) has been awarded a new task order worth approximately $80 million to provide mission expertise to the U.S. Army’s Intelligence and Security Command (INSCOM) and the 116^th Military Intelligence Brigade (MIB) in support of the Army’s Solutions for Intelligence Analysis 3 (SIA-3) effort. Under the task order, CACI will offer tactical intelligence and analytical expertise to assist in the ever-changing landscape of the Army’s aerial intelligence, surveillance, and reconnaissance (ISR) missions.

John Mengucci, CACI President and Chief Executive Office, said, “CACI brings highly-skilled and cleared personnel with a unique understanding of military intelligence operations. This new task order expands our support to INSCOM and the 116th Military Intelligence Brigade with additional expertise to enable mission success. Our support provides critical geospatial and signals intelligence across air, land, sea, space, and cyber domains.”

Under this task order, CACI will serve as a force multiplier by directly assisting the warfighter with technical, functional, and general support to gather geospatial intelligence (GEOINT) and signals intelligence (SIGINT) in support of INSCOM and the 116th MIB.

The task order has a one-year period of performance with four one-year option periods. Work will be performed primarily in Ft. Gordon, Georgia.

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, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220718005008/en/

Corporate Communications and Media:

Lorraine Corcoran, Executive Vice President, Public Relations

(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 new task order awarded to CACI by the U.S. Army?

The new task order awarded to CACI is valued at approximately $80 million.

Which U.S. Army divisions are supported by CACI's new task order?

CACI's new task order supports the U.S. Army's Intelligence and Security Command (INSCOM) and the 116th Military Intelligence Brigade.

What is the duration of the task order awarded to CACI?

The task order has a one-year period of performance, with four one-year option periods.

Where will the work for CACI's new task order primarily be performed?

The work will primarily be performed in Ft. Gordon, Georgia.

What specific capabilities will CACI provide under the new task order?

CACI will provide tactical intelligence and analytical expertise to assist in aerial intelligence, surveillance, and reconnaissance missions.