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
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