CACI Awarded IDIQ Contract with $1.2 Billion Ceiling to Deliver Mission Critical Capabilities to the U.S. Naval Information Warfare Systems Command (NAVWAR)

RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it was awarded a seven-year single-award indefinite delivery indefinite quantity (IDIQ) mission technology contract, called Spectral, with a $1.2 billion ceiling for the U.S. Navy’s Naval Information Warfare Systems Command (NAVWAR).

“We are proud the U.S. Navy selected CACI to develop and deploy the next-generation of shipboard signals intelligence and electronic warfare capabilities,” said John Mengucci, CACI President and Chief Executive Officer. “Our strategy to invest ahead of customer need sets us apart from our competition and allows us to provide the most advanced technology, enabled by software, at the speed of ever-accelerating threats. We are honored to support the Navy to ensure dominance in all environments and against all adversaries.”

The Navy’s Spectral mission is to provide rapid capability enhancements for tactical mission operations. On the Spectral contract, CACI and its teammates will utilize its industry-leading software development and electromagnetic spectrum capabilities to develop and deploy the Navy’s next-generation shipboard signals intelligence (SIGINT), electronic warfare (EW), and information operations (IO) weapon systems. CACI’s open-architecture approach will provide the Navy with cutting edge tools and capabilities enabled by continuous software enhancement to support the Navy’s desire for rapid, informed, and accurate decision-making.

Todd Probert, President of National Security and Innovative Solutions at CACI, said, “We will use our decades of innovative software experience, world-class Agile software development, and DevSecOps to converge SIGINT, Cyber and EW into scalable, networked, and distributed warfighting capabilities that outpace evolving threats.”

About CACI

CACI’s approximately 22,000 talented employees are ever vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at 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, 2022, 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.