CACI Awarded Prime Position on $809 M Multiple-Award Contract to Support Navy Business Systems

CACI International Inc (NYSE MKT: CACI) announced today that it has been awarded a prime position on a multiple-award indefinite delivery/indefinite quantity contract with a ceiling value of $809 million to support the Naval Supply Systems Command Business Systems Center (NAVSUP BSC). The five-year contract represents new work in CACI's Business Systems market area.

NAVSUP BSC oversees the development, maintenance, implementation, and integration of business systems for the Department of the Navy. Under the terms of the contract, CACI will provide a broad range of business systems and IT support, including full lifecycle support for the Navy's Enterprise Resource Planning system, which supports 72,000 users.

CACI Chief Operating Officer and President of U.S. Operations John Mengucci said, "This multiple-award contract win with the U.S. Navy positions CACI to help the Navy meet its critical financial requirements with innovative, agile development-based solutions that reduce lifecycle costs."

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Ken Asbury, CACI's President and Chief Executive Officer, said, "CACI's new contract with the Naval Supply Systems Command Business Systems Center is a strategic win for us in our Business Systems market area. Awards like these continue to confirm CACI's position as a proven, large-scale solutions provider that delivers added value for a wide range of customer systems and missions."

Source: CACI International Inc
Date: Mar 10, 2016