24 Oct CACI Awarded $250 Million Contract to Support Financial and Business Management System for Department of the Interior
ARLINGTON, Va.–(BUSINESS WIRE)–CACI International Inc (NYSE: CACI) announced today that it has been awarded a 5-year, single-award indefinite delivery/indefinite quantity contract, with a ceiling value of $250 million for continuing work, by the Department of the Interior (DOI) Business Integration Office to provide enterprise expertise by managing the agency’s Financial and Business Management System (FBMS).
Under the contract, CACI will provide operations, maintenance, and development services for the FBMS, a fully integrated, modernized business management system utilizing SAP enterprise resource planning software. FBMS improves the efficiency of operations and streamlines the majority of DOI’s financial and business management functions across the Department. CACI has provided functional and technical expertise to the program and the Interior Department since 2006, leading to the decommissioning of over 80 department and bureau-specific systems and helping DOI to realize the benefits of standardized business processes, a common technology platform, and integrated real time data to optimize operational decision making.
John Mengucci, CACI President and Chief Executive Officer, said, “CACI will continue to support the Department of the Interior with our demonstrated expertise supporting SAP and business and financial systems solutions. We are committed to delivering our technical enterprise solutions to enable the Department to successfully fulfill its mission of modernization, integration, accountability, and customer value.”
CACI’s 22,000 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.
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