CACI Awarded $41 Million Task Order to Continue Development of Defense Agencies Initiative Solution
February 23 2012 - 8:00AM
Business Wire
CACI International Inc (NYSE: CACI) announced today that it has
been awarded a $41 million task order to continue as lead developer
of the Defense Agencies Initiative (DAI) solution sponsored by the
Defense Logistics Agency (DLA). This task order falls under the
Defense Information Systems Agency (DISA) Encore II vehicle and is
for one base year and three option years. It further expands and
validates CACI’s work and capabilities in business system solutions
and government transformation.
As the Department of Defense’s (DoD) largest logistics combat
support agency, the DLA provides worldwide logistics, acquisition,
and technical support to the military services, civilian agencies,
and foreign countries. The DAI program will transform DoD’s budget,
finance, and accounting operations by providing a single accounting
system and standard business processes for all 28 agencies and
field activities in the DAI community. By giving agencies real-time
access to accurate financial data, the solution will improve the
timeliness and authority of financial information, ultimately
allowing each agency to focus on its core mission-critical
operations.
CACI has supported the DAI program for more than three years and
already holds several other DAI-related task orders. For this
latest task order, CACI will leverage its expertise in implementing
leading-edge business systems to provide development, enhancement,
and maintenance support for current and future releases of the DAI
solution. CACI will also provide subject matter expertise to assess
audit readiness and internal control processes, ensuring that DAI
business processes contribute to a clean audit opinion for DoD
agencies.
Dan Allen, CACI President of U.S. Operations, said, “This
Defense Agencies Initiative task order demonstrates CACI’s ability
to meet the Department of Defense’s financial management
imperatives while delivering on-time, on-budget performance. We
look forward to successfully collaborating with the Defense
Logistics Agency as we work to improve the accuracy and timeliness
of financial information for DoD agencies.”
According to Paul Cofoni, CACI President and Chief Executive
Officer, “In today’s economic environment, the Defense Agencies
Initiative solution is very important to the Department of Defense
as it works to reduce costs and become more efficient. CACI’s
continuing support of the DAI will help ensure that DoD achieves
these government-wide objectives during this critical time.”
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 14,400 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, 2011, 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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