CACI International Inc (NYSE:CACI)
announced today that it has received a task order award to provide core
development support on the Department of Veterans Affairs’ (VA) Virtual
Lifetime Electronic Record (VLER) program. With a value of $14 million,
this 18-month (one base year plus a six-month option) contract is one of
25 that CACI has received under the $91 million VLER prime contract,
which the company announced it had won in October 2010. This new work
further expands the company’s presence in its Healthcare market area.
VLER is an across-the-board solution that consolidates electronic health
and benefits records of Armed Forces members for exchange within the VA
and externally to the Department of Defense (DoD) and other federal
agencies. Under the VLER Core Development task order, CACI will build
the Data Access Service (DAS), a key component of VLER that will
electronically move data throughout various VA and external systems,
helping veterans receive their benefits faster. The company’s use of
flexible, modular technology to build DAS enables VLER to easily,
quickly, and cost-effectively connect disparate systems.
CACI has a history of success achieving transformational benefits with
large-scale healthcare systems. This includes support for numerous
Military Health System applications as well as the Defense Medical
Logistics Standard Support System, which enables DoD medical facilities
to efficiently order and maintain medical supplies and equipment.
John Mengucci, CACI’s Chief Operating Officer and President of U.S.
Operations, said, “This latest task order on the Virtual Lifetime
Electronic Record program leverages CACI’s expertise in electronic
medical and benefits records integration and data interoperability. Our
support will enable servicemen and women to quickly and accurately
access their health and benefits records as they transition into
civilian life.”
According to CACI President and Chief Executive Officer Ken Asbury, “The
continuing expansion of CACI’s business with the Department of Veterans
Affairs demonstrates the success of our strategy to focus on the
high-growth healthcare market area. Our work for the VA opens up
tremendous growth potential by positioning us to support greater
interoperability for electronic health record systems – a priority for
the federal government.”
CACI provides information solutions and services in support of national
security missions and government transformation for Intelligence,
Defense, and Federal Civilian customers. A member of the Fortune 1000
Largest Companies and the Russell 2000 Index, CACI provides dynamic
careers for approximately 15,000 employees working in over 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,
2012, 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
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