CACI Awarded IAC MAC Task Order for U.S. Navy Digital Engineering and Transformation

Rhea-AI Summary

CACI International Inc (NYSE: CACI) has secured a significant contract valued at $557.8 million from the Department of Defense. This task order is aimed at enhancing the U.S. Navy’s acquisition operations through the integration of modern digital tools. The initiative will involve analysis and planning to transition existing programs into updated technology systems, ultimately supporting distributed maritime operations. The award underscores CACI's commitment to providing advanced capabilities critical for the Navy's modernization efforts.

Positive

• Awarded a significant contract worth $557.8 million from the Department of Defense.
• Enhances capabilities for the U.S. Navy, aiding in the modernization of maritime operations.

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• None.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it was awarded a $557.8 million single-award task order under the Department of Defense Information Analysis Center Multiple Award Contract (IAC MAC) vehicle to provide mission expertise for the transition of modern digital tools into the U.S. Navy acquisition enterprise for the Navy’s Digital Integration Support Cell (DISC) and Naval Surface Warfare Center (NSWC) Crane.

CACI’s support includes analysis, development, and planning for the transition of programs of record into newly developed or updated technology systems. The team will leverage standards and practices necessary to integrate advanced capability into distributed maritime operations, supporting advanced mission kill chains in an integrated, interoperable environment.

CACI’s digital integration approach includes fusion and analysis capability, hardware conceptualization and proven DevSecOps processes to support the full lifecycle of capabilities.

“The multi-domain battlefield of today and tomorrow demands advanced, resilient capability that evolves at the speed of relevance,” said Todd Probert, President of National Security and Innovative Solutions at CACI. “Digital transformation using proven tools and processes supports the Navy’s critical mission to modernize maritime operations.”

NSWC Crane and DISC are integrating advanced ISR sensors and platforms with multi-use software suites that increase collaboration, extensibility, and interoperability for enhanced Distributed Maritime Operations. The IAC MAC DISC program addresses these digital transformation efforts for the Navy, while providing Scientific and Technical Information (STI).​​

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, 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/20220713005010/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 contract did CACI secure recently?

CACI secured a $557.8 million contract from the Department of Defense for enhancing U.S. Navy acquisition operations.

How does CACI's recent contract impact the U.S. Navy?

The contract supports the integration of modern digital tools into the Navy's acquisition processes, enhancing operational capabilities.

What is the value of the contract awarded to CACI?

The contract awarded to CACI is valued at $557.8 million.

What role will CACI play in the U.S. Navy's digital transformation?

CACI will provide mission expertise that includes analysis, development, and planning for transitioning programs into updated technology systems.