CACI President and CEO’s Statement on Company’s Actions Related to COVID-19
April 02 2020 - 9:45AM
Business Wire
John Mengucci, CACI President and Chief Executive Officer,
issued today the message below to employees, customers,
shareholders, and communities regarding COVID-19.
“As our nation navigates the COVID-19 global pandemic, I am
focused on taking all necessary actions to first and foremost
ensure the health and safety of our employees, to continue our
unwavering commitment to our customers, to continue to operate the
company in a fiscally responsible manner, and to support the
communities in which we work and live. While the COVID-19 situation
remains dynamic, we are vigilant in anticipating and overcoming the
obstacles that are presented to us. We will make the decisions
necessary to ensure the viability of our business. Since 1962, CACI
has remained “Ever Vigilant” in responding to the ever-changing
dynamics in our business and our nation, and we will continue to do
so with long-term sustainability and growth in mind.
“To the CACI employees, know that we are doing everything we can
to keep you and your families healthy and safe, and your jobs
secure while you support the security of our nation. Every day, you
demonstrate CACI’s culture of innovation, ethics, and integrity.
You deliver some of the most advanced and mission-critical
technologies, and your support and expertise provide outstanding
value to our customers. And I couldn’t be prouder of your
dedication. Please know that my leadership team and I are committed
to getting us through this crisis.
“To our customers, we are committed to supporting your national
security requirements, as we have for more than half a century. We
remain your trusted partner to ensure work continues while COVID
risks are mitigated. We are flexible, dedicated, innovative, and
agile. Our support is steadfast, and CACI stands ready-as-ever to
solve your toughest problems today and those that are to come.
“To our communities across the globe, CACI is in this with you.
By ensuring the health and safety of our employees and customers,
we are doing our part to contribute to the ongoing health in
communities where we operate. We are reviewing ways our company and
workforce can make life less stressful during these difficult
times, whether by better supporting our small business partners or
buoying local businesses across the communities where CACI calls
home.”
“To our investors, CACI’s customer missions MUST continue. Our
operations span the entire globe, serving some of the most
important national security customers in the world. CACI’s balance
sheet is strong with significant liquidity available, appropriate
debt levels, and supported by robust cash flow generation to
sustain future corporate strategic growth opportunities. Our
long-term strategy remains intact… win new business, deliver
operational excellence, and deploy capital for future growth. CACI
is committed to this strategy and firmly reiterates our goal to
continue our strong track record of delivering growth and long-term
shareholder value.”
“While this pandemic was an unforeseen challenge, I believe our
country and company will emerge stronger from this test. I also
believe great companies are rising to the challenge through
unwavering support of their employees, customers, and communities.
CACI is one of those companies. Working side-by-side, we will
successfully manage through today’s unprecedented challenges and
get through this safely. I am truly inspired by our collective
resilience, compassion, and commitment in the face of
adversity.”
CACI’s 23,000 talented employees are 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, 2019, 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-Company News
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version on businesswire.com: https://www.businesswire.com/news/home/20200402005529/en/
Corporate Communications and Media: Jody Brown, Executive Vice
President, Public Relations (703) 841-7801, jbrown@caci.com
Investor Relations: Daniel Leckburg, Senior Vice President,
Investor Relations (703) 841-7666, dleckburg@caci.com
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