CACI Awarded $73 Million to Provide Systems and Computer Engineering to Naval Surface Warfare Center

Company Release - 1/23/2019 8:26 AM ET

ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it was awarded a $73 million prime contract to provide computer program engineering services to the Naval Surface Warfare Center, Dahlgren Division (NSWCDD). The five-year contract is an outcome of CACI’s recent acquisition of the Systems Engineering and Acquisition Support Services Business Unit.

NSWCDD develops, tests, and certifies advanced naval warfare technology. Under the contract, CACI will assist NSWCDD with systems and computer engineering, research and development, integration, and deployment support for surface warfare systems. The company’s expertise in virtualization – which includes developing virtual copies of complex systems – enables the Navy to assess the effects of adding new software and capabilities to surface warfare vessels prior to deployment.

John Mengucci, CACI’s Chief Operating Officer, said, “In an increasing hostile global environment, the Navy has an ongoing need to maintain maritime superiority and stay ahead of evolving threats. CACI not only enables the Navy to rapidly field powerful new capabilities, our use of cutting-edge technology significantly lowers their cost of doing so.”

CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune World’s Most Admired Company, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P MidCap 400 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!

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, 2018, 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

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Source: CACI International Inc