June 18, 2019 | International, Other Defence

CACI Secures $880 Million Task Order to Provide Information Technology and Engineering Services for U.S. Army's Personnel and Force Management Systems

ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today it has secured an $880 million task order to provide information technology and engineering services to the U.S. Army's Product Lead Reserve Component Automation System-Force Management System (PL RCAS - FMS).

The Information Technology Enterprise Management Systems Solution (ITEMSS) task order, made under the U.S. General Services Administration's Alliant 2 contract vehicle, represents continuing work for CACI and expansion to support the Army's vision for Global Force Information Management.

The government will rely upon CACI's Agile Solution Factory (ASF), already one of the largest and most modern Agile frameworks used by the federal government, to more quickly develop software for the Army's personnel and force management systems. Since 2013, the ASF has consistently delivered increased productivity, reduced costs, higher quality, and more secure software to its customers. On the previous RCAS contract, the ASF increased software development productivity by 60% and reduced implementation costs by more than 50%, software quality averaged 99% defect free, and time-to-market was reduced by 70%.

Ken Asbury, CACI's President and Chief Executive Officer, said, “CACI's Agile Solution Factory has set the standard for continuous software development on an enterprise scale through its iterative and transparent approach. Under the ITEMSS contract, CACI's ASF will help the Army implement multiple personnel and force management systems, including RCAS and FMS, two of the most efficient large-scale personnel and force management systems in the world.”

Under the seven-year ITEMSS task order, CACI will provide a broad range of information technology and engineering services, including hardware and software design, sustainment and modification, and network, cybersecurity, distance learning program, and military construction services to support the Army's dynamic force management, mobilization and readiness missions.

CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune World's Most Admired Company, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P MidCap 400 Index. CACI's sustained commitment to ethics and integrity defines its corporate culture and drives its success. With approximately 22,000 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, 2018, 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.

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