CACI Awarded Prime Position on $249 Million Multiple-Award Naval Sea Systems Engineering and Acquisition Contract
16 Aprile 2020 - 2:30PM
Business Wire
CACI International Inc (NYSE: CACI) announced today that the
Naval Sea Systems Command (NAVSEA) has awarded the company a prime
position on a multiple-award, indefinite delivery/indefinite
quantity contract, with a ceiling value of $249 million, to provide
analyses and initiatives that improve effectiveness, efficiency,
and affordability in ship design, manufacturing, and lifecycle
support.
Mission expertise provided under the four-year Systems Level
Cost Analysis with Total Ownership Cost Modeling contract (CATOC)
will focus on delivering maximum cost savings to the Navy as the
service seeks to meet emerging threats, increase readiness, and
achieve savings across its shipbuilding plan.
CACI engineers and analysts will leverage commercial
shipbuilding practices and acquisition models to deliver those
savings. For example, CACI engineers plan to leverage their digital
twin shipyard production model, continuous improvement repair
program, and adapted commercial-off-the-shelf technical solutions
to increase efficiencies. Additionally, CACI analysts are prepared
to modernize Navy data management and acquisition forecasting
techniques.
John Mengucci, CACI President and Chief Executive Officer, said,
“CACI is uniquely positioned to provide the expertise the Naval Sea
Systems Command needs to achieve its goals of building a larger
fleet at a lower cost.”
CACI Executive Chairman and Chairman of the Board Dr. J.P.
(Jack) London, said, “The U.S. Navy is CACI’s longest-standing
customer, and we look forward to helping the fleet maintain its
technical and tactical advantages.”
CACI’s 23,000 talented employees are vigilant in providing the
unique expertise and distinctive technology that address our
customers’ greatest enterprise and mission challenges. Our culture
of good character, innovation, and excellence drives our success
and earns us recognition as a Fortune World's Most Admired Company.
As a member of the Fortune 1000 Largest Companies, the Russell 1000
Index, and the S&P MidCap 400 Index, we consistently deliver
strong shareholder value. Visit us at 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, 2019, 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 Award
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version on businesswire.com: https://www.businesswire.com/news/home/20200416005051/en/
Corporate Communications and Media: Jody Brown, Executive Vice
President, Public Relations (703) 841-7801, jbrown@caci.com
Investor Relations: Daniel Leckburg, Senior Vice President,
Investor Relations (703) 841-7666, dleckburg@caci.com
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