CACI Awarded Contract with Air Force Research Laboratory to Develop Multi-Spectral Laser Technology for Electro-Optic Sensors

Rhea-AI Summary

CACI International Inc (NYSE: CACI) has received a 15-month contract worth $4.9 million from the U.S. Air Force Research Laboratory to enhance high-power multi-spectral laser technology. This program aims to support advanced electro-optical sensors for various military missions. The project involves developing a laser prototype that covers a wide range of wavelengths, from ultraviolet to short-wavelength infrared. CACI's President John Mengucci noted a rising demand for such high-performance lasers, which align with the Air Force's operational needs.

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• Awarded a 15-month contract worth $4.9 million by the U.S. Air Force Research Laboratory.
• Focus on developing advanced high-power laser technology for military applications.

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RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that the U.S. Air Force Research Laboratory at Wright-Patterson Air Force Base, Ohio (AFRL) awarded CACI a 15-month, $4.9 million program to advance high-power multi-spectral laser technology in support of improved electro-optical sensors for a variety of military missions.

Under the contract, CACI scientists and engineers will develop a high-power laser prototype that emits light over a very broad range of wavelengths in the optical spectrum, spanning a range that goes from the UV spectrum, through the visible spectrum, and into the Short-Wavelength Infrared (SWIR).

John Mengucci, CACI President and Chief Executive Officer, said, “We are seeing a strong demand for high-performance lasers that support enhanced functionality for remote sensing systems. Our technology will continue to advance the state of the art with programs like this and bring best-in-class solutions for the Air Force’s current and future needs.”

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 500 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, 2021, 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/20211019005023/en/

Corporate Communications and Media:

Jody Brown, Executive Vice President, Public Relations

(703) 841-7801, jbrown@caci.com

Investor Relations:

Daniel Leckburg, Senior Vice President, Investor Relations

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

Source: CACI International Inc

FAQ

What contract did CACI International Inc receive from the U.S. Air Force?

CACI was awarded a 15-month, $4.9 million contract to advance high-power multi-spectral laser technology.

What is the purpose of CACI's new contract with the Air Force?

The contract aims to develop improved electro-optical sensors for various military missions.

How much is the contract awarded to CACI by the Air Force?

The contract is valued at $4.9 million.

What technology will CACI develop under the new Air Force contract?

CACI will develop a high-power laser prototype that emits light across a broad range of wavelengths.

Who commented on the Air Force contract awarded to CACI?

John Mengucci, CACI's President and CEO, commented on the strong demand for high-performance lasers.