CACI Receives DoD Nunn-Perry Awards for Mentor-Protégé Excellence with CDIT

Rhea-AI Summary

CACI International has been awarded the Nunn-Perry Award by the Department of Defense for its outstanding performance in the Mentor Protégé Program. This award recognizes CACI's successful collaboration with small business partner CDIT, which saw workforce growth of over 188% and a 323% increase in annual revenues under CACI's mentorship in fiscal year 2022. CDIT also achieved multiple federal contracts and key industry certifications. CACI's commitment to supporting small businesses and enhancing the DoD's mission capabilities is emphasized by its continued success in these initiatives.

Positive

• Awarded the Nunn-Perry Award for excellence in the DoD Mentor Protégé Program.
• CDIT's workforce grew by over 188% and annual revenues increased by 323% under CACI's mentorship.
• CDIT secured nine new federal customers and multiple prime contracts.
• CACI's Mentor-Protégé Program has consistently won awards for five consecutive agreements.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that the Department of Defense has selected the company to receive a prestigious Nunn-Perry Award for excellence in the DoD Mentor Protégé Program. This honor recognized CACI’s collaboration with its small business partner, CDIT, a small, disadvantaged business located in Louisiana that provides full-scale information technology and management services with a focus on software development competency.

Dan Cuviello, CACI Senior Vice President of Business Development, said, “We are extremely proud of CDIT’s recent successes and CACI’s role in supporting this up-and-coming company’s growth. CACI is committed to supporting the DoD’s critical missions and introducing them to new businesses that can help them achieve their goals.”

Under CACI’s mentorship in fiscal year 2022, this Mentor-Protégé agreement has positively expanded the industrial base for the U.S. Navy’s Naval Supply Systems Command (NAVSUP) mission of delivering global logistics and quality of life support to the Navy and Joint warfighter. Through this partnership, CACI has helped CDIT grow its workforce by more than 188% and increase its annual gross revenues by 323%.

CDIT has also added nine new federal customers and was awarded multiple prime contracts with new customers. During the partnership with CACI, CDIT earned four key industry certifications: ISO 9001, ISO 27001, HUBZone, and CMMI-DEV Level 3. CACI also partnered with Morgan State University to provide valuable mentoring services such as strategic planning and quality management training to achieve these certifications.

Wayne Pizer, CACI Executive Director of Small Business, said, “CACI has developed a preeminent roadmap for our Mentor-Protégé Program, which includes invaluable training partnerships with leading institutions like Morgan State University. These efforts have resulted in CACI winning Nunn-Perry Awards for its past five DoD mentor-protégé agreements.”

Bill Henley, CEO of CDIT, said, “The DoD Mentor Protégé Program has been instrumental in helping us grow in every area of our business and position ourselves to better serve the needs of the DoD. We are very grateful to CACI for their leadership and guidance.”

The DoD Mentor Protégé Program was established in 1990 in response to concerns raised by DoD prime contractors regarding their inability to meet Small Disadvantaged Business (SDB) subcontracting goals.

The award is named for the contributions of Senator Sam Nunn and former Secretary of Defense William Perry, both of whom played critical roles in the implementation of the DoD Mentor Protégé Program.

The program has since expanded, providing developmental assistance to Women-Owned Small Businesses, Service-Disabled Veteran-Owned Small Businesses, and others.

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.

CACI-Company News

View source version on businesswire.com: https://www.businesswire.com/news/home/20220928005232/en/

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(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 Nunn-Perry Award received by CACI?

The Nunn-Perry Award is a prestigious recognition from the Department of Defense awarded to companies demonstrating excellence in the DoD Mentor Protégé Program.

How much did CDIT's revenues increase while partnering with CACI?

CDIT's annual gross revenues increased by 323% during its partnership with CACI.

What improvements did CDIT achieve through its partnership with CACI?

CDIT expanded its workforce by more than 188% and added nine new federal customers under CACI's mentorship.

How does CACI support small businesses?

CACI supports small businesses through its Mentor-Protégé Program, providing mentorship, training, and strategic guidance to foster growth.

What key certifications did CDIT earn during its partnership with CACI?

CDIT earned certifications including ISO 9001, ISO 27001, HUBZone, and CMMI-DEV Level 3 while partnered with CACI.