CACI Awarded $261 Million in Previously Unannounced Intelligence Contracts
ARLINGTON, Va.--(BUSINESS WIRE)-- CACI International Inc (CAI) (NYSE: CACI ) announced today that it has been awarded more than $261 million in previously unannounced contracts with federal government clients in the Intelligence Community. For these awards, CACI is delivering tailored information solutions and services to national-level intelligence organizations safeguarding our nations security. These contracts were awarded in the fourth quarter of CACIs 2012 fiscal year, which ended June 30, 2012.
This work, which includes $233 million in new business, underscores CACIs commitment to intelligence as a core capability and market area of continuing growth and investment. CACI is providing unique expertise, technical innovation, and in-demand services across multiple functional intelligence disciplines, helping to fuel efficiency and efficacy in critical intelligence mission areas. These contracts recognize the power and relevance of CACIs integrated intelligence capabilities within the most demanding and sensitive security domains.
According to John Mengucci, CACI Chief Operating Officer and President of U.S. Operations, CACI provides a wide range of intelligence solutions and services, including support that helps our clients capture and analyze vital information to enhance decision making, use advanced analysis to detect and defeat asymmetric threats, and safeguard sensitive national activities.
CACI President and Chief Executive Officer Dan Allen said, The ongoing growth of our intelligence business demonstrates the success of our strategy to support client missions that provide for our nations first line of defense. In fiscal year 2012 alone, we won nearly a billion dollars in national intelligence work a testament to our ability to grow in our intelligence market segment and bring value to national security missions.
CACI sustains an exceptional record of success by providing professional services and IT solutions needed to prevail in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. We deliver business system solutions; C2 solutions; cyberspace solutions; enterprise IT solutions; geospatial solutions; healthcare IT solutions; identity management solutions; integrated security solutions; investigation and litigation support; ISR solutions; knowledge management solutions; logistics and material readiness; mobility solutions; and program management and SETA support. CACI solutions help federal clients provide for national security, improve communications and collaboration, secure information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. A member of the Fortune 1000 Largest Companies and the Russell 2000 index, CACI provides dynamic careers for approximately 14,700 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
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 CACIs Annual Report on Form 10-K for the fiscal year ended June 30, 2011, 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 IncCopyright Business Wire 2012