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CACI Wins $514 Million Task Order to Modernize U.S. Army Networks
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Rhea-AI Summary
CACI International Inc has secured a five-year task order worth $514 million to modernize outside plant (OSP) infrastructure for the U.S. Army, enhancing capabilities for high-speed voice, video, and data networks. This task order involves upgrading at least 40 military installations across the U.S. and will utilize CACI's advanced network modernization capabilities. The project underscores CACI's commitment to delivering reliable network solutions, aiming for maximized infrastructure efficiency and reduced downtime for Army communications.
Positive
Awarded a task order valued at $514 million.
Project involves upgrading infrastructure at a minimum of 40 military installations.
Enhances capabilities for high-speed voice, video, and data networks.
Strengthened by over 30 years of solid performance and expertise in network modernization.
Negative
None.
Company will upgrade physical infrastructure to include outside plant (OSP) and facilities modifications needed to deliver robust, reliable, high-speed data networks within the continental United States.
RESTON, Va.--(BUSINESS WIRE)--
CACI International Inc (NYSE: CACI) announced today that it was awarded a new five-year (one-year base and four one-year options), single-award task order, with a potential value of $514 million, to provide network modernization of outside plant (OSP) infrastructure and facilities across major U.S. Army locations within the continental United States. CACI engineers, managers, and technicians will deliver enterprise technology to enhance capabilities and improve capacity needed for an underground fiber optic cable infrastructure required to support robust, reliable, high-speed voice, video and data networks for critical command and control systems.
As part of the OSP task order, awarded under the GSA’s Alliant 2 contract vehicle, CACI will engineer, furnish, install, and test (EFI&T) a turnkey solution to upgrade the existing OSP infrastructure and facilities at a minimum of 40 different military installations using industry best practices.
John Mengucci, CACI President and Chief Executive Officer, said, “CACI’s understanding and unique OSP knowledge will ensure that this modernization maximizes the Army’s current infrastructure, evolves to incorporate the latest network standards, and supports Army communications for software, data and analytics at scale as well as network security. Working with the Army, we will effectively deliver higher reliability and survivability supporting all missions with near-zero downtime”
With more than 30 years of solid past performance and advanced network modernization capabilities, strengthened through CACI’s acquisition of LGS Innovations, this new task order further expands CACI’s current global OSP efforts providing repeatable infrastructure solutions that support current and future communications, command and control, and other requirements.
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.
