CACI Awarded $1.77 Billion Task Order to Support Joint Improvised-Threat Defeat Organization
06 December 2016 - 12:00AM
Business Wire
Company to Support Intelligence Integration
to Protect U.S. Forces Around the Globe
CACI International Inc (NYSE: CACI) announced today that it has
been awarded a task order, with a ceiling value of $1.77 billion,
to provide deployable analytical operations, integrated
intelligence, and training services to the Joint Improvised-Threat
Defeat Organization (JIDO). The five-year task order, awarded under
the General Services Administration OASIS contract, represents new
work for CACI in its Intelligence Services market area. The
anticipated spend is estimated at $875.6 million, which the company
will be recording as an increase to its total backlog.
JIDO supports Department of Defense Combatant Commands as part
of the Defense Threat Reduction Agency. It provides tactical
responsiveness in support of counter-terrorism, counter-insurgency,
and countering improvised explosive devices. Under the contract,
the CACI team will support JIDO’s critical Focused Support/Decisive
Effort mission by assisting joint forces in integrating
capabilities, technologies, and processes to disrupt and defeat
enemy networks in locations around the globe.
John Mengucci, CACI’s Chief Operating Officer and President of
U.S. Operations, said, “The Joint Improvised-Threat Defeat
Organization’s mission is one of the most critical for the safety
of joint forces and the populations they protect. Our globally
deployed team provides time-sensitive support and sophisticated
intelligence fusion technologies that have proven to be highly
effective in saving lives and enabling our combatant commands to
stay ahead of complex and growing threats.”
According to CACI President and Chief Executive Officer Ken
Asbury, “CACI is committed to this strategic partnership with the
Joint Improvised-Threat Defeat Organization and the troops they
serve. With nearly 10 years in support of JIDO and its predecessor
organizations, we understand the critical nature of this trusted
relationship, and we are honored to lead this team of
mission-focused experts. We are convinced that by integrating the
best people and technologies of industry and government, we are
breaking new ground in the service of our country.”
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 SmallCap600 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! 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, 2016, 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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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
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