CACI Wins $785 Million Task Order with U.S. Army Special Operations Command

Rhea-AI Summary

CACI International Inc (NYSE: CACI) has secured a new five-year task order potentially worth $785 million to support U.S. Army Special Operations Command (USASOC). This contract, named SOFETOPS, focuses on integrated information warfare and electronic warfare solutions, alongside training and modernization efforts. The task order includes a one-year base period with four additional one-year options, awarded under the GSA OASIS contract vehicle. This development marks a significant expansion of CACI's support to USASOC and aligns with their mission to enhance operational capabilities.

Positive

• Awarded a new five-year task order worth potentially $785 million.
• Supports U.S. Army Special Operations Command, enhancing operational capabilities.
• Includes a one-year base period and four option years for potential growth.

Negative

• None.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) has been awarded a new five-year single-award task order worth potentially $785 million for Special Operations Forces Emerging Threats, Operations, and Planning Support (SOFETOPS). CACI will provide expertise in integrated information warfare (IW) and electronic warfare (EW) solutions, training, readiness, and modernization to advance U.S. Army Special Operations Command (USASOC) missions.

John Mengucci, CACI President and Chief Executive Officer, said, “CACI’s mission expertise in operational support, intelligence analysis, technology integration, and training will help Special Operations Forces adapt to the current and future threat environment. Our experts will leverage advanced solutions for our mission partners and deliver training models based on first-hand experiences to prepare trainees with realistic scenarios.”

This task order expands CACI’s support to USASOC, its strategic partners, and other special operations commands by offering new capabilities driven by emerging needs and continually evolving mission requirements. CACI will also further refine and improve interoperability, coordination, and synchronization between USASOC and its strategic partners. It has a one-year base period of performance, four one-year options, and was awarded under the General Services Administration (GSA) One Acquisition Solution for Integrated Services (OASIS) multiple award indefinite delivery, indefinite quantity contract vehicle.

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/20211109005348/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 is the value of the new CACI task order?

The new task order is potentially worth $785 million.

Who is the task order awarded to?

The task order is awarded to CACI International Inc.

What does the SOFETOPS contract support?

The SOFETOPS contract supports U.S. Army Special Operations Command (USASOC) with integrated information warfare and electronic warfare solutions.

How long is the CACI task order?

The task order is for five years, including a one-year base period and four one-year options.

Under what contract vehicle was the CACI task order awarded?

The task order was awarded under the GSA OASIS contract vehicle.