CACI Awarded $29 Million Prime Contract to Support Joint Staff Comptroller at Department of Defense
|
| Posted
:
Mon, 02 Nov 2009 13:05:20 GMT |
| Author
:
CACI International Inc |
| Category
:
Press Release |
| News Alerts by
Email ( click
here ) |
|
|
|
|
Continuing Work Provides Enhanced Financial Management and Subject Matter Expertise ARLINGTON, Va., Nov. 2
ARLINGTON, Va., Nov. 2 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE: CACI) announced today that it has been awarded a $29 million prime task order to support financial management functions of the Joint Staff (JS) Comptroller at the Department of Defense (DoD). The four-year contract (one base year, three option years) was awarded under the U.S. Navy's SeaPort Enhanced (SeaPort-e) contract vehicle. The work continues support provided since 2002 and increases both the size and scope of CACI's enterprise financial management business through its business system solutions functional core competency.
The JS Comptroller is the primary advisor to the DoD's Director of the JS and the Chairman of the Joint Chiefs of Staff for financial and acquisition initiatives. The JS Comptroller manages all financial resources of the JS, including planning, programming, budgeting and financial execution, and oversees the JS internal management control and quality management programs.
The suite of integrated systems based on Momentum®, a financial management COTS solution, provides JS streamlined processes; real-time budget updates; reduced data entry, general ledger and financial statements; and visibility of resources across JS enabling informed and rapid decision-making. This award will now include procurement and acquisition capabilities in addition to the financial resources and expertise already in place.
According to Bill Fairl, CACI's President of U.S. Operations, "We are pleased that the DoD's Joint Staff Comptroller has shown such a high degree of confidence in the financial management capabilities of Team CACI. This task order provides a welcome extension to our nearly seven year relationship with this important customer."
CACI President and CEO Paul Cofoni said, "This continued work with the Joint Staff Comptroller is a key example of CACI's continuing leadership in federal financial management and solutions. We're proud that capabilities such as these are playing an increasing role in helping to ensure the benefits of transformation throughout the federal marketplace."
CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,700 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
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 following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism; or rebuilding Iraq; or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other governmental entities with cognizant oversight; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); market speculation regarding out continued independence; material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801 jbrown@caci.com
Investor Relations:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, ddragics@caci.com
SOURCE CACI International Inc
|
Copyright © 2008
PR Newswire. All rights reserved.
|
|
|
|
|
Related
News
Professor Sharath Sury to Award Top Scholar in Ethical Finance and Risk Management at SIFIRM Conference.
SANTA CLARA, Calif., Nov. 22 /PRNewswire/ -- In conjunction with his efforts with the "Sury Initiative for Financial Innovation and Risk Management (SIFIRM)" at Santa Clara University, Professor of Finance Sharath Sury will be presenting an award to recognize the top schol...
DePaul Staffing Ranked as Top Oregon Staffing Firm
PORTLAND, Ore., Nov. 22 /PRNewswire/ -- DePaul Staffing, a division of DePaul Industries, headquartered in NE Portland, has been ranked the top staffing firm in terms of internal staff size by the Portland Business Journal, moving up three spots from its fourth place position las...
Housing Slump Creates Boom for Tax Lien Investors, Says BuyTaxLiens.com Owner
Online sales of tax lien properties, also known as tax lien certificates, are taking off says Denny Mitchell, owner of BuyTaxLiens.com. His tax lien auction website specializes in providing a free daily list of tax lien properties resulting from government tax lien foreclosures and has been g...
Praxair China Signs Agreement with MAGI Solar Energy Technology Co. SHANGHAI -
Praxair China has signed a multi-year agreement with MAGI Solar Energy
Technology Co., Ltd. to supply bulk and process gases for its solar cell
and module manufacturing facility, located in the Jiangsu Yixing
Economic Development Zone, Jiangsu Province. MAGI uses advanced
p
South Louisiana Photographer to Showcase Work in Grand Isle Exhibit
Matthew White Tells Story of Endangered Coastline/I/P
PBaton Rouge, La. (PRWEB) April 11, 2008 -- Matthew White, a landscape photographer who lives and works in the New Orleans area, has been selected to exhibit three photographs in the 6th Annual Grand Isle Juried Exhibition. The Wat...
Market Analysis on Chinese Printed Circuit Board and Equipment Market
SHANGHAI, Nov. 22 /PRNewswire/ -- In 2008, the sales revenue of PCB (Printed Circuit Board) products in Chinese market has achieved RMB118.8 billion, and the single sided printed board, double sided printed board, multilayer printed board, and flexible printed board account for the 2.5 ...
AOL Previews New Brand Identity for Its Future as an Independent Content-Driven Company NEW YORK -
AOL today previewed its new brand identity for its future as an
independent company committed to creating the world’s most simple and
stimulating content and online experiences.
The new AOL brand identity is a simple, confident logotype, revealed by
ev
|
|
|
|
|
|
|
|
|