June 5, 2020 | International, Aerospace, C4ISR
June 4, 2020 - CACI International Inc (NYSE: CACI) announced today that it has been awarded its largest contract in company history, a single-award Indefinite Delivery Indefinite Quantity (IDIQ) contract to provide transport and cybersecurity services to the National Geospatial-Intelligence Agency (NGA). The single award IDIQ has a base period of five years plus five 1-year award term periods with a ceiling of $1.5 billion.
Under the contract, CACI will provide enterprise Information Technology (IT) services to NGA and its mission partners. Specifically, CACI network and cybersecurity experts, located at NGA's headquarters and facilities in Springfield, VA, St. Louis, MO, and around the globe, will help design, engineer, procure, implement, operate, sustain, and enhance NGA networks and cybersecurity posture. The contract encompasses a significant expansion of CACI's continuing business with the NGA.
CACI will also help NGA create efficiencies by making available an expansive service and material catalog to the agency that streamlines the acquisition of IT services from weeks to days for streamlined customer support.
John Mengucci, CACI President and Chief Executive Officer, said, “This record award demonstrates CACI is delivering on its strategy to win larger, more enduring contracts. It also represents our steadfast commitment to protecting and defending our nation's networks so the NGA can deliver mission-critical geospatial intelligence to the warfighter around the globe.”
CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “CACI is proud to support the NGA's mission of collecting, analyzing, and distributing geospatial intelligence in support of national security. Our work will always reflect CACI's culture of character, ethics, and integrity.”
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20200604005132/en/
February 28, 2024 | International, Aerospace
The Air Force's revamp isn't "an optional thing," Air Force Chief of Staff Gen. Dave Allvin said. "The strategic environment compels us to do this."
February 25, 2020 | International, Aerospace
By Ed Adamczyk Feb. 24 (UPI) -- An agreement to advance construction of a joint advanced combat aircraft program was ceremonially signed by French and German defense ministers. A contract for the first phase of the program to build the main aircraft of the Future Combat Air System was awarded last week. It covers the plane's propulsion system, data architecture and simulation environment, the German Defense Ministry said. Airbus, MTU, Safran and Dassault are the lead contractors. Plans for the program include development of a Next-Generation Weapon System whose components include remote carrier vehicles known as "swarming drones" and a sixth-generation fighter plane intended to be ready by 2035 to replace current Rafales, Eurofighters and F-18 Hornet planes. The plane and drones are expected to work in tandem. Two additional areas of work, involving the plane's sensors and stealth capabilities, remain under discussion. The cost of the first phase of the program, which is expected to take 18 months, will cost about $166 million and will be equally shared by Germany and France. Florence Parly, the French defense minister, and her German counterpart Annegret Kramp-Karrenbauer ceremonially signed the agreement in Paris on Thursday. While Spain joined the program after it was announced in 2019, and Angelo Olivares, Spain's deputy defense minister, was present at the signing, it is currently a two-nation project. Spain's contributory share remains a topic of negotiation, but it is expected to join and help pay for the project later this year. A flying demonstrator version of the fighter plane is expected by 2026. A mockup of the plane, a shell with no internal components, was unveiled in June 2019 at the Paris Air Show. https://www.upi.com/Defense-News/2020/02/24/France-Germany-sign-agreement-to-build-sixth-generation-fighter-plane
November 6, 2023 | International, Land
The U.S. Navy has commissioned a flurry of activities to mature metal additive manufacturing — and Danville, Virginia, is at the heart of that effort.