CACI Awarded $149 Million Task Order to Support Joint Improvised Explosive Device Defeat Organization’s Special Operations ...
November 05 2014 - 8:00AM
Business Wire
CACI International Inc (NYSE: CACI) announced today that it was
awarded a task order with a total value of $149 million, if all
options are exercised. This task order was competitively awarded by
the General Services Administration Federal Systems Integration and
Management Center (FEDSIM) on behalf of the Department of Defense’s
Joint Improvised Explosive Device Defeat Organization (JIEDDO) to
support JIEDDO’s Special Operations Forces, Support Team (SOF ST).
Awarded during CACI’s fourth quarter of its fiscal year 2014,
ending June 30, 2014, the contract supports CACI’s business in its
Integrated Security Solutions market area.
The SOF ST supports JIEDDO’s Attack the Network mission,
enabling Special Operations units performing a variety of
activities to disrupt and defeat violent extremist networks (VENs)
that use or facilitate the use of improvised explosive devices
(IEDs). CACI will provide operations/intelligence integration teams
that rotate between stateside and forward-deployed locations,
working with their government counterparts to help understand VENs,
identify their vulnerabilities and employ a range of solutions to
defeat them.
CACI has provided counter-IED support to JIEDDO (formerly the
U.S. Army IED Task Force) since its inception. With CACI’s overall
knowledge of JIEDDO’s unique capabilities, it offers SOF units
effective material and non-material solutions to the threats these
units are likely to encounter.
John Mengucci, CACI’s Chief Operating Officer and President of
U.S. Operations, said, “CACI will continue to provide our proven
processes and agile, experienced, and skilled staff to help the
Joint Improvised Explosive Device Defeat Organization support
global Special Operations. CACI’s long experience in counter-IED
work is the root of our innovative solutions that allow the
customer to take on expanded mission sets.”
According to CACI President and Chief Executive Officer Ken
Asbury, “Our latest Joint Improvised Explosive Device Defeat
Organization contract award is the fruit of our continued focus on
the important national mission to protect our Armed Forces and
homeland from violent extremist networks. This win expands our
ability to meet the needs of the entire Special Operations Global
Network and provide security solutions to the Intelligence
Community and other entities involved in responding to asymmetric
threats.”
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 SmallCap 600 Index. CACI provides
dynamic careers for over 16,200 employees in 120 offices worldwide.
Visit 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, 2014, 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
CACI International IncCorporate Communications and Media:Jody
Brown, Executive Vice President, Public
Relations703-841-7801jbrown@caci.comorInvestor Relations:David
Dragics, Senior Vice President, Investor
Relations866-606-3471ddragics@caci.com
CACI (NYSE:CACI)
Historical Stock Chart
From Aug 2024 to Sep 2024
CACI (NYSE:CACI)
Historical Stock Chart
From Sep 2023 to Sep 2024