|By Business Wire||
|March 12, 2014 10:20 AM EDT||
CACI International Inc (NYSE:CACI) announced today that it has been awarded a prime contract with a total potential value of $95 million to continue providing operations and maintenance (O&M) support services for the Business Integration Office at the Department of the Interior (DOI). This five-year (one base plus four options) indefinite delivery/indefinite quantity (IDIQ) contract represents continuing work for CACI and strengthens the company’s presence in its high-growth Business Systems Solutions market area.
Under the terms of the contract, CACI will provide O&M support for the SAP-based Financial and Business Management System (FBMS) run by DOI’s Business Integration Office. The FBMS incorporates the majority of DOI’s financial management functions into one system, replacing and/or integrating 116 of the agency’s 177 legacy business systems and subsystems. This comprehensive, department-wide approach to improving current business function aligns with DOI’s goals of furthering modernization, integration, accountability, and customer value.
CACI’s support includes leveraging DOI investments already made, and optimizing FBMS to further support the diverse missions of the 10 business entities using it to manage their finance, budget execution, acquisition, financial assistance, property, and reporting operations. In addition to developing a keen understanding of the FBMS solution in performing this work at DOI since 2006, CACI also has provided O&M support for SAP-based solutions for the U.S. Army and U.S. Navy, giving the company deep-seated expertise in this area.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “CACI’s Department of the Interior team has provided outstanding delivery and attention to customer needs, affording us the opportunity to continue to support the financial system it depends on to fulfill its mission of protecting America’s great outdoors and powering our future.”
According to CACI President and Chief Executive Officer Ken Asbury, “CACI’s prime award in providing continued support for an agency-wide business management system for the Department of the Interior demonstrates our deep expertise in SAP-based systems and allows us to grow our Business Systems Solutions market area. Customers can count on us to provide solutions and services that optimize business operations and allow agencies to fulfill their critical missions to the American people while using taxpayer funding as efficiently and carefully as possible during a time of smaller government budgets.”
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, the Russell 2000 Index, and the S&P SmallCap 600 Index, CACI provides dynamic careers for over 15,800 employees in 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.
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