ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been awarded a $22 million prime contract by the U.S. Department of Defense (DoD) to support engineering efforts to improve the DoD Mobile Electric Power (PM-MEP) generating sources. This two-year task order contract represents continuing work for CACI and further expands its presence in its Integrated Security Solutions (ISS) market.
This contract supports development and engineering efforts, including resources, to improve or modify the DoD standard family of PM-MEP generating sources and assist in developing more cost-effective MEP generating sources for future military needs. Energy sources have become increasingly important as the development of new warfighting equipment and technologies has greatly increased soldier power requirements. As a result, energy is expected to have a critical impact on costs, unit readiness, and mission success.
CACI’s unmatched knowledge and unique insight into the PM-MEP mission, challenges, and future requirements make it an ideal candidate for this work and benefit the customer and soldiers in the battlefield. On this contract, CACI will continue providing subject matter expertise in support of the engineering, manufacturing, and production development decisions that drive DoD’s tactical electric power solutions on today’s battlefield.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “This continuing work to support the DoD’s Mobile Electric Power efforts allows CACI the opportunity to modernize and innovate the DoD’s generator fleet. Our workforce possesses the tailored skills and experience necessary to successfully and cost-effectively accomplish this mission.”
According to CACI President and Chief Executive Officer Ken Asbury, “The Mobile Electric Power contract is an important strategic win for CACI. This work in the Integrated Security Solutions arena broadens our support in this high-growth market, and we welcome the vital role our experience will play in mission continuity and stability for the Department of Defense.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A member of the Fortune 1000 Largest Companies and the Russell 2000 Index, CACI provides dynamic careers for approximately 15,000 employees working in over 120 offices worldwide. Visit 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, 2013, 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.