Yahoo Finance CACI Secures $239 Million Task Order for U.S. Army Unified Network Modernization
RESTON, Va., March 21, 2024--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has secured a single-award technology task order worth up to $239 million with a one-year base period and four one-year option periods to modernize the U.S. Army’s Global Secure Internet Protocol Router (SIPR) Network (GSN), including the application of commercial solutions for classified (CSfC) technology to increase options for secure user access and mobility.
"Modernizing the Army’s classified network is an integral first step toward a unified, secure system," said John Mengucci, CACI President and Chief Executive Officer. "CACI’s modernization solutions will improve the performance, efficiency, and security of the Army’s network infrastructure. Our unique wired and wireless technologies will enable the Army to outpace the growing demand for data insights and allow users to work on classified networks from any location. The combination of our proven network modernization approach, innovation with CSfC solutions, and our global presence is our formula for success."
As an NSA-trusted CSfC integrator, CACI rapidly delivers commercial-based hardware and software that integrate seamlessly into U.S. government communications networks. CACI’s Archon technology, which was acquired through ID Technologies, allows out-of-the-box commercial devices to securely access classified networks facilitating the secure transfer and access to sensitive data from anywhere.
This unified network modernization work was awarded under the ENCORE III indefinite delivery, indefinite quantity (IDIQ) contract vehicle by the Army’s Program Executive Office for Command, Control and Communications – Tactical (PEO C3T).
About CACI
At CACI International Inc (NYSE: CACI), our 23,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security and government modernization. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, 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, 2023, 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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Contacts
Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com
Investor Relations:
George Price
Senior Vice President, Investor Relations
(703) 841-7818, george.price@caci.com
