Press Release

CACI Awarded $31 Million Task Order Contract to Support Modeling and Simulation Technology for U.S. Army

Company Release - 12/12/2016 8:00 AM ET

Work Will Improve Armed Forces’ Information Gathering Capabilities

ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it was awarded a $31 million contract to support modeling and simulation technology for the U.S. Army Research, Development, and Engineering Command’s (RDECOM) Communications-Electronics Research, Development, and Engineering Center (CERDEC) Night Vision and Electronic Sensors Directorate (NVESD). This three-year task order, awarded under the R2-3G contract vehicle, represents new business in CACI’s Surveillance and Reconnaissance market area.

CERDEC NVESD conducts research and development of advanced night vision and other sensor technologies, such as infrared weapon sights, and long-range surveillance and target acquisition systems, which enhance our Armed Forces’ operational advantage in daytime, nighttime, and limited visibility conditions.

Under this contract, CACI will support the development of realistic electro-optic/infrared and SIGINT payload modeling and simulation capabilities and training systems. These training systems will enhance the readiness of the Army’s Airborne Intelligence, Surveillance, and Reconnaissance (A-ISR) tactical units, resulting in improved situational awareness to Army brigade combat teams. The company will also provide pilots and trainers to develop and execute A-ISR programs of instruction.

John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “As a pioneer in modeling and simulation technology, CACI will leverage our extensive subject matter expertise and knowledge of this customer’s mission applications to develop highly realistic simulations in support of Army airborne intelligence, surveillance, and reconnaissance operations.”

According to CACI President and Chief Executive Officer Ken Asbury, “With this award for new work, CACI is proud to expand our ongoing partnership with the U.S. Army’s Night Vision and Electronic Sensors Directorate. It continues CACI’s commitment to providing our government customers with the tools and resources to gather actionable intelligence for military decision-makers.”

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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CACI International Inc
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Source: CACI International Inc