CACI Awarded $37 Million Prime Contract to Support Global Financial Management Solution for Defense Agencies Initiative
July 07 2016 - 9:24AM
Business Wire
Deployment Across Multiple Federal Agencies
to Standardize Systems, Save Time and Cost
CACI International Inc (NYSE MKT: CACI) announced today it has
been awarded a $37 million prime contract to continue providing
development, enhancement, and maintenance support of the Defense
Agencies Initiative (DAI) Global Model federal financial management
and accounting solution. This three-year contract expands the size
and scope of existing DAI work within CACI’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. CACI offers in-depth experience and proven solutions
in support of the DAI. Under this contract, CACI will provide
solution architecture, compliance, and configuration management
expertise needed to continue the operation and deployment of the
DAI Global Model, an Oracle® enterprise resource planning
application, to more than 25,000 users across multiple defense
agencies. With the Global Model, DoD aims to standardize its
federal financial management and accounting systems and ensure
compliance with federal and DoD financial management laws,
regulations, and policies.
John Mengucci, CACI’s Chief Operating Officer and President of
U.S. Operations, said, “CACI will assist the Department of Defense
in standardizing financial management and accounting systems and
processes for agencies throughout the department. These efforts
will provide our customers with real-time visibility into
transactions, improved services and processes, and savings in time
and cost.”
According to CACI President and Chief Executive Officer Ken
Asbury, “As part of our strategy to grow in our Business Systems
market area, we continue to develop industry-leading experience and
expertise that helps our customers modernize and improve their
financial systems. This includes support for Department of Defense
business systems that DoD decision-makers rely on to serve and
equip our military men and women.”
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. Visit 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, 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.
CACI-Contract
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CACI International IncCorporate Communications and Media:Jody
Brown, Executive Vice President, Public
Relations703-841-7801jbrown@caci.comorInvestor Relations:David
Dragics, Senior Vice President, Investor
Relations866-606-3471ddragics@caci.com
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