CACI Awarded $34 Million Contract to Continue Implementing Financial Management Solution for Defense Agencies Initiative
19 Maggio 2016 - 2:00PM
Business Wire
Work Will Standardize Financial Management
and Accounting Systems Across DoD
CACI International Inc (NYSE MKT: CACI) announced today that it
has been awarded a $34 million prime contract to continue
implementing a federal financial management and accounting solution
as part of the Defense Agencies Initiative (DAI). This three-year
contract represents ongoing business in CACI’s Business Systems
market area.
DAI is a critical Department of Defense (DoD) effort to
transform the budget, finance, and accounting operations of most
DoD defense agencies. Under this contract, CACI will implement an
Oracle® enterprise resource planning solution to standardize
federal financial management and accounting systems and ensure
compliance with federal and DoD financial management regulations
and policies. This solution will consolidate multiple legacy
systems into a single platform, and will be used by numerous
agencies across DoD.
CACI Chief Operating Officer and President of U.S. Operations
John Mengucci said, “CACI’s streamlining of financial management
systems for defense agencies will enhance the quality of financial
decision-making, support auditability, and reduce costs associated
with maintaining legacy systems.”
According to Ken Asbury, CACI’s President and Chief Executive
Officer, “CACI has a long-standing partnership with the Department
of Defense in implementing financial systems that meet the complex
needs of the federal environment. With deep domain knowledge and
innovative techniques, we are helping agencies across DoD support
more effective and efficient business systems.”
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 provides
dynamic careers for over 20,000 employees 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, 2015, 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.
Oracle is a registered trademark of Oracle and/or its
affiliates.
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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