April 16, 2020 | International, Naval
April 14, 2020 - CACI International Inc (NYSE: CACI) announced today that it has been awarded a single-award task order for one base-year and four option-years, with a ceiling value of more than $83 million, by the U.S. Navy to provide engineering, technical, and planning expertise to the Portsmouth Naval Shipyard in Kittery, Maine.
Under the task order, which the Navy awarded under its SeaPort-NxG contract vehicle, CACI engineers and technicians will provide expanded mission expertise, including planning maintenance and repair for submarines by assisting the Ships Availability Planning and Engineering Center (SHAPEC) and Deep Submergence Systems Program (DSSP). The task order is CACI's first award under the SeaPort-NxG vehicle.
CACI technical expertise across submarine engineering disciplines, such as structural, mechanical, electrical, and combat systems, will help the Navy to safely return submarines to the fleet as quickly as possible. For example, CACI has developed the Shipyard Planning Engineering Automated Reports (SPEAR), the software tool SHAPEC uses to more effectively conduct its planning.
John Mengucci, CACI President and Chief Executive Officer, said, “CACI engineers and technicians help Navy shipyards overcome hurdles in their maintenance and repair efforts with expertise earned through long-standing support of the mission. CACI stands ready to support the Navy shipyards in any way they may need, including by providing acquisition and engineering support.”
CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “CACI is proud to play a critical role in helping the Navy maintain its submarine fleet and continue to project power around the world.”
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/20200414005058/en/
November 10, 2021 | International, Aerospace
Spain has no interest in the American F-35 fighter jet and is solely committed to the Future Combat Air System that it is pursuing with France and Germany, a defense spokeswoman told Reuters.
December 7, 2020 | International, Aerospace, Naval, Land, C4ISR, Security
Helen Massy-Beresford December 07, 2020 PARIS—The organizers of the Paris Air Show, the world's largest, have canceled the 2021 edition because of continued uncertainty related to the COVID-19 pandemic. The board of directors of the Paris Air Show and the board of directors of French aerospace industry association GIFAS made the decision unanimously, describing it as inevitable in a statement Dec. 7. “This reasonable decision was agreed upon unanimously by the Paris Air Show board members in the context of a crisis that has had an unprecedented impact on the aerospace industry,” they said in a joint statement. The coronavirus crisis has devasted demand for travel, with many airlines grounding the majority of their fleets and relying on government bailouts to survive. IATA does not expect traffic to return to 2019 levels before 2024. The Paris Air Show is usually held at Le Bourget Airport, just outside the French capital, and in 2019 attracted over 316,000 visitors, split between civil and defense industry professionals and the general public, making it the largest air show in the world. Orders worth $140 billion—across the civil and military sectors—were announced at the 2019 show. The first Paris Air Show was held in 1909 and the event has taken place every other year since—with interruptions for the two world wars. The 2021 edition was set to be the 54th. “We are obviously disappointed not to be able to hold the 2021 edition of the Paris Air Show. After many months of all trade show activities being suspended throughout the world, the entire international aerospace and defence community was very much looking forward to being able to meet,” the International Paris Air Show chairman and Daher Group chairman Patrick Daher said. “We have already started work to ensure that the 2023 edition celebrates the resurgence of the aerospace industry on an international scale,” he added. The event had been due to take place from June 21-27 next year and the organizers said they would shortly announce the exact dates of the next edition, which will be held in June 2023. https://aviationweek.com/air-transport/aircraft-propulsion/organizers-cancel-paris-air-show-2021-covid-19-uncertainty
November 8, 2023 | International, Naval
Without a major test of the Common Hypersonic Glide Body, the Army's plan to field its hypersonic weapon by the end of the year has slipped away.