CACI Awarded $140 Million Prime Contract to Continue Global Logistics and Training Support Services for U.S. Navy
Work Will Enable Navy to Sustain Peak Readiness
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today it was awarded a $140 million prime contract to provide global logistics support services for the United States Fleet Forces Command (USFFC) Naval Forces Logistics (NFL) Support/Training Services program. The five-year contract represents continuing business in CACI’s Logistics and Material Readiness market area.
USFFC supports the Chief of Naval Operations and Combat Commanders worldwide by providing responsive, relevant, sustainable Naval Operating Forces that are ready for continual combat operations. The command is responsible for organizing, manning, training, equipping, and maintaining Naval forces to generate required and sustainable levels of current and future readiness. Under this contract, CACI will continue to provide global logistics support, including analysis and problem-solving, database and system administration, financial management, on-site assistance, training, implementation, and program management.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI has an outstanding track record of support for U.S. Navy global logistics and training programs, and this award with the United States Fleet Forces Command is another vote of confidence in the reliability and value of our solutions and services.”
According to CACI President and Chief Executive Officer Ken Asbury, “CACI is proud to continue our partnership with the U.S. Navy, delivering mission-critical logistics solutions and services with innovation and integrity. We are dedicated to supporting our troops’ readiness to protect our nation and its allies at home and abroad.”
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