CACI Awarded Prime Position on $192 Million Multiple-Award Contract to Support Navy Training
Work Will Ensure Readiness for Wide Range of Missions
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it has been awarded a prime position on a multiple-award, indefinite delivery/indefinite quantity contract with a ceiling value of $192 million, to provide training and curriculum development to the Naval Education and Training Command (NETC). The six-year contract represents new work for CACI in its Logistics and Material Readiness market area.
NETC is the largest shore command in the U.S. Navy, and is responsible for the training and development of Navy personnel to ensure fleet readiness. Under the contract, CACI will support Navy training and distance learning objectives by developing and delivering instructor-based learning and modular, scalable, interactive solutions for mobile and stationary devices.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI’s experts in curriculum design and instruction offer cost-effective training that can be delivered in a variety of settings and on multiple devices. We will provide the U.S. Navy with engaging, effective instruction that helps ensure our forces are prepared for the complexities of modern naval warfare.”
According to CACI President and Chief Executive Officer Ken Asbury, “CACI has developed and delivered hundreds of hours of interactive multimedia instruction for the Department of Defense and federal civilian agencies. As our government customers seek more efficient, just-in-time training, CACI is ready with innovative solutions that prepare personnel and ensure mission readiness.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI’s sustained commitment to ethics and integrity defines its corporate culture and drives its success. With approximately 20,000 employees worldwide, CACI provides dynamic career opportunities for military veterans and industry professionals to support the nation’s most critical missions. Join us! 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, 2016, 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.
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Source: CACI International Inc