CACI Awarded Prime Contract on $12 Billion, Multiple-Award IT Transformation Program for Department of Veterans Affairs
August 04 2011 - 10:52AM
Business Wire
CACI International Inc (NYSE:CACI) announced today that it has
been awarded one of 15 prime contracts to support the Department of
Veterans Affairs (VA) Transformation Twenty-One Total Technology
(T4) program. The five-year, indefinite delivery/indefinite
quantity contract has a ceiling value of $12 billion. This new work
for CACI will help the VA and its employees provide veterans,
worldwide, with the means to quickly access the Department for
their specific healthcare needs, expedite service delivery, and
file and speed the processing of claims.
The technology infrastructure implemented through T4 will
establish a more efficient healthcare delivery system by developing
services needed to integrate systems, networks, software, and other
IT products that may cover the entire life-cycle of a system. These
services will include program management, strategic planning,
systems and software engineering, cybersecurity, operation and
maintenance, and IT facility support.
CACI's selection to support this major contract is consistent
with the company’s proven past performance in its ability to
deliver the full lifecycle of IT services and mission/mission
support solutions, rapidly responding to task order requests;
its established expertise in financial monitoring of tasks to
support the VA; its commitment to a wide range of small businesses;
and its powerful program management credentials.
CACI has a long history of meeting customer needs by achieving
transformational benefits with large-scale healthcare systems,
including support for numerous Military Health System applications,
as well as the Defense Medical Logistics Standard Support System.
CACI also stands out in the government healthcare IT market as the
prime developer of the VA's Virtual Lifetime Electronic Record, a
critically important, high-visibility initiative that will improve
medical care and benefits for veterans.
According to Bill Fairl, CACI's President of U.S. Operations,
“This new work on T4 is a compelling example of our continuing
mission to help the Department of Veterans Affairs in its
transformation of healthcare delivery. It’s one more significant
step in making healthcare IT a major component of CACI’s support
offerings to our government customers.”
CACI President and CEO Paul Cofoni observed that, “As an
important element of our strategy for growth, CACI is committed to
providing IT solutions and services that enable efficient delivery
of healthcare to our citizens. With this award, I am particularly
proud that the transformation inherent to this broad-based effort
will help bring needed assistance to the people to whom we all owe
so much – the men and women who protect our nation.”
Celebrating our 50th year in business, CACI sustains an
exceptional record of success by providing professional services
and IT solutions needed to prevail in the areas of defense,
intelligence, homeland security, and IT modernization and
government transformation. We deliver enterprise IT and network
services; data, information, and knowledge management services;
business system solutions; logistics and material readiness; C4ISR
solutions; cyber solutions; integrated security and intelligence
solutions; and program management and SETA support services. CACI
solutions help federal clients provide for national security,
improve communications and collaboration, secure information
systems and networks, enhance data collection and analysis, and
increase efficiency and mission effectiveness. A member of the
Fortune 1000 Largest Companies and the Russell 2000 index, CACI
provides dynamic careers for approximately 13,800 employees working
in over 120 offices in the U.S. and Europe. Visit CACI on the web
at www.caci.com and www.asymmetricthreat.net.
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, 2010, 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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