ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE MKT: CACI) announced today it has been awarded a $40 million single-award, indefinite delivery/indefinite quantity contract (IDIQ) from the Defense Logistics Agency (DLA) to provide development and sustainment support for the Department of Defense (DoD) Wide Area Workflow (WAWF) and Electronic Document Access (EDA) systems. This three-year contract continues CACI’s business in its Business Systems market area.
Designed to eliminate paper from the receipt/acceptance and invoice/payments process of the contracting lifecycle, the CACI-supported WAWF has saved DoD approximately $250 million a year in invoice processing. With the WAWF-EDA award, DoD combines the complementary WAWF and EDA systems under one contract to facilitate its strategy for improving post-award contract management. CACI’s role, in partnership with the DLA and the Defense Procurement and Acquisition Policy (DPAP) office, will be to continue enhancing and supporting the WAWF e-Business Suite, with its web-based applications for enhanced processing of contract documentation, along with the EDA system, which provides a repository for DoD’s procurement instruments and related documents.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI’s software and systems development expertise has helped make the Wide Area Workflow an incredibly reliable, mission-critical system for DoD. This system currently processes an average of 636,000 electronic documents a month, and has resulted in significant cost savings for our customers.”
According to CACI President and Chief Executive Officer Ken Asbury, “CACI has a long history of supporting paperless contracting for the Department of Defense. By building enduring partnerships with the Defense Logistics Agency and Defense Procurement and Acquisition Policy office, and leveraging our deep subject matter expertise in acquisition management, we are improving the speed and accuracy with which the Department conducts business, and saving taxpayer dollars.”
CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. A Fortune magazine World’s Most Admired Company in the IT Services industry, CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI provides dynamic careers for over 20,000 employees 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, 2015, 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.