CACI Awarded $23 Million Prime Contract to Provide Financial Management and Accounting Solution Services to Defense Agencies Initiative Program Office and DoD Agencies
May. 14, 2018
ARLINGTON, Va.--(BUSINESS WIRE)--May 14, 2018--CACI International Inc ( NYSE: CACI ) announced today that it has been awarded a prime contract worth up to $23 million (if all options are exercised) to continue providing development, enhancement, and maintenance support of the Defense Agencies Initiative (DAI) Acquire to Retire (A2R) process area. This five-year contract represents continuing business in the company’s Business Systems market area.
DAI is a critical Department of Defense (DoD) effort to transform the budget, finance, and accounting operations of most DoD agencies. Under this contract, CACI will provide onsite financial management leadership and Oracle® Enterprise Business System solution design, development, testing, training, implementation, and sustainment services. CACI will continue to provide full lifecycle support for the DAI’s implementation of a modern, audit-ready enterprise financial solution deployed to more than 40,000 users at 22 DoD agencies. CACI will also support the maturation of DAI processes and procedures as the program adapts Agile software development techniques and continues to refine its sustainment activities as it prepares for large agency implementations.
CACI President of U.S. Operations DeEtte Gray said, “CACI continues to provide advanced enterprise solutions and proven domain expertise to the Department of Defense as it standardizes financial management and accounting systems and processes for all its agencies. We’re committed to supporting the Defense Agencies Initiative to streamline processes, enhance services, and deliver valuable savings in time and cost to America’s military.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune World’s Most Admired Company, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI’s sustained commitment to ethics and integrity defines its corporate culture and drives its success. With approximately 18,700 employees worldwide, CACI provides dynamic career opportunities for military veterans and industry professionals to support the nation’s most critical missions. Join us! www.caci.com.
Oracle is a registered trademark of Oracle and/or its affiliates.
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, 2017, 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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CONTACT: CACI International Inc
Corporate Communications and Media:
Jody Brown, 703-841-7801
Executive Vice President, Public Relations
David Dragics, 866-606-3471
Senior Vice President, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA VIRGINIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE PROFESSIONAL SERVICES ACCOUNTING FINANCE DEFENSE CONTRACTS OTHER DEFENSE
SOURCE: CACI International Inc
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PUB: 05/14/2018 08:43 AM/DISC: 05/14/2018 08:43 AM