Rebuilding America’s Military: Thinking About the Future

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  May 1, 2020 | International, Naval

  CACI Awarded $199 Million Contract to Support U.S. Navy Satellite Systems and Networks for Special Operations

  April 27, 2020 - CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year and six-month, if all options are exercised, single-award indefinite delivery/indefinite quantity contract, with a ceiling value of $199 million, to provide communications systems, satellite communications, and network support services to the Naval Information Warfare Center (NIWC) Atlantic in support of U.S. Special Operations Command. Under the contract, CACI engineers and technicians will provide mission expertise, including fielding and training for operational systems, maintenance, logistics, and 24/7 technical support for personnel working with the satellite and network systems. CACI will support approximately 2,000 satellite communications systems worldwide, as well as wide-area network infrastructure services for nearly 90 sites. CACI has a unique and modern facility designed to seamlessly support and enhance NIWC's mission. CACI experts can maintain, assemble, and test satellite communications systems at the Fayetteville, NC. facility to maximize those systems' efficiency and accuracy while also supporting the warfighter with continuous improvements. John Mengucci, CACI President and Chief Executive Officer, said, “This recompete award results from the longstanding professional and productive relationship between our dedicated team and NIWC, focused on providing servicemembers with the critical communications support they need to execute their mission.” CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “As our country continues to face evolving national security threats, CACI remains focused on providing the support our customers rely on to safeguard our nation.” 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/20200427005135/en/

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  January 11, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

  CEO of BAE Systems: Overcoming hardships for a better year

  By: Charles Woodburn The beginning of 2020 was an exciting time for our company; we had just announced we would acquire two high-performing new businesses out of the Raytheon and United Technologies Corporation merger. None of us could have predicted that just weeks later, the majority of our 88,000 employees around the world would be working from home as, like so many companies, we grappled with the unprecedented impact of a global pandemic. Like all businesses, we've experienced challenges this year, especially in the areas that support civil aviation. We've had to adapt and make difficult decisions, but thanks to the actions we've taken to enhance the resilience of our business and the remarkable fortitude of our people, we've continued to deliver on our customers' priorities while keeping our people safe. While COVID-19 clearly caused disruption in the second quarter, since then most of our defense businesses have been operating with well over 90 percent of employees working. The willingness of our customers to maintain cash flow into our businesses also enabled us to support our suppliers — including small and medium-sized companies — through the pandemic. Collaborative partnership with our customers has been essential to the defense industry's ability to press ahead over the past year. It remains essential as we move forward through 2021 and face an uncertain global environment with complex threats. It's only by industry and government working closely, understanding each other, and maintaining trust that we'll be able to innovate quickly to outpace the threats. As governments commit to increased spending on defense in countries such as Australia, the U.K. and several European nations, the defense industry must rise to the challenge. Our sector not only provides critical capability for a nation's security — we deliver real benefits to the economy by sustaining and creating highly skilled jobs through investment in research and technology and through exports. I strongly believe we can have a key role to play in restoring the economies of the countries in which we operate. For our part in 2021, we'll continue to invest in skills and in new technologies that are vital to maintaining our strong positions on next-generation capabilities across the air, maritime, land and cyber domains. In the U.S. market, we continue to stay well-aligned to the U.S. National Defense Strategy and are investing heavily in modernizing facilities and using new technologies. For example, we're deploying new virtual manufacturing and robotic welding in our combat vehicle production. While the new administration's priorities are not yet clear, we expect to stay well-aligned, given our work focused on combat vehicles, precision-guided munitions, naval ship repair and modernization, electronic warfare, hypersonics, space resilience, and security. In the U.K., the announcement of increased funding for the Ministry of Defence provides welcome stability. The submission of the outline business case for Tempest at the end of 2020 was another significant step in this hugely exciting project to deliver a next-generation future combat air system. Working with our partners and supply chain, we're using cutting-edge technologies to transform how we design, develop and manufacture, helping to reduce time and cost. We'll ramp up the number of people we have working on the program through 2021, including apprentices and graduates, as part of our commitment to recruit 1,250 trainees across the U.K., despite the pandemic. In Australia, we're excited to have begun work on the prototype for the Hunter-class frigate — an Australian version of the U.K.'s Type 26. We recently recruited the 1,000th Hunter employee and expect to recruit up to 1,000 more people, including apprentices and graduates, in 2021 as the program continues to ramp up. Working with our partners and customer, we're supporting Australia to develop its sovereign defense capability to deliver on the country's recently published 10-year defense strategy. It's been a challenging year of trying to stay connected while maintaining physical distance; the inability to travel to our businesses around the world and meet our people and our customers is something I've found frustrating at times. But if we continue working closely with our partners to use the lessons we've learned in 2020, particularly regarding our agility, resilience and efficiency, this industry can play an increasingly important role in restoring our battered economies, while keeping citizens safe and economies prosperous. Charles Woodburn is the CEO of BAE Systems. https://www.defensenews.com/outlook/2021/01/11/ceo-of-bae-systems-overcoming-hardships-for-a-better-year/

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  September 15, 2020 | International, Naval

  Maintenance delays are ‘blood in the water’ for aircraft carrier critics, admiral says

  David B. Larter WASHINGTON – The head of the U.S. Navy's East Coast-based aviation enterprise said the service must demand to get aircraft carriers out of their maintenance availabilities on time, and that failure to do so throws fuel on the fire of critics who say the aircraft carrier is becoming irrelevant. Calling carrier operational availability his “number one concern,” Rear Adm. John Meier, commander of Naval Air Forces Atlantic, said the service had to make sure shipyards delivered its ships to the fleet on time. “More often than not we've been having delays getting them out of the yards on time,” Meier said at the virtual edition of the annual Tailhook Association Symposium. "With the budgetary pressure we'll be facing, when we don't get the return on the enormous investment in aircraft carriers, every day we lose of operational ability is like a drop of blood in the water. “It fans the flames of critics who want to cut aircraft carriers. And in my mind, I can't see a naval aviation force or a Navy without carriers in the future.” A recent government watchdog report said that 75 percent of the Navy's carrier and submarine maintenance availabilities have run late, resulting in 7,425 days of delays. Both the Truman and Eisenhower have had recent maintenance woes and delays, and the carrier Bush is currently working through a 28-month maintenance period, much longer than the normal 16-month availability. A forthcoming DoD-led Navy force structure assessment could herald cuts to the 11-carrier fleet. In April, Defense News reported that the Cost Assessment and Program Evaluation (CAPE) office within the Office of the Secretary of Defense recommended cutting two aircraft carriers from the current force structure in the coming decades. https://www.defensenews.com/naval/2020/09/11/maintenance-delays-are-blood-in-the-water-for-aircraft-carrier-critics-admiral-says/