This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

CACI Awarded $20 Million Contract To Continue Readiness Based Sparing Support For Naval Supply Systems Command

Stocks in this article: CACI

CACI International Inc ( NYSE:CACI) announced today that it has been awarded a prime contract to continue providing Readiness Based Sparing (RBS) solutions for the Naval Supply Systems Command (NAVSUP). With an anticipated ceiling value of $20 million, this three-year (one base plus two options) indefinite delivery/indefinite quantity contract expands CACI’s business in logistics and material readiness solutions.

The NAVSUP mission is to deliver sustained global logistics capabilities to the Navy and joint forces. Using RBS solutions, the Navy keeps key equipment and systems mission ready through enhanced inventory management.

The CACI team has been a leader in developing and implementing innovative RBS tools and techniques for more than 25 years. CACI helped the Navy move from traditional demand-based inventory solutions to a comprehensive decision support system that leverages cost, reliability, maintainability, and response time for continuously improving inventory management. CACI’s RBS solutions are powerful enough to be used to evaluate the results of conventional logistics information systems, and flexible enough to interface with legacy supply/logistics systems. The result has enabled the Navy to reduce costs while achieving specific goals for maintaining critical supplies and equipment.

John Mengucci, CACI Chief Operating Officer and President of U.S. Operations, said, “This latest Readiness Based Sparing award continues a partnership with the Naval Supply Systems Command that will take us to 30 years of continuous RBS support upon contract completion. We believe this is great confirmation that our operational excellence and solid customer relationships make us a provider of choice.”

According to CACI President and Chief Executive Officer Dan Allen, “CACI has pioneered solutions that constantly evolve to help keep our Armed Forces informed, equipped, and mission ready. Our focus on these enduring requirements, coupled with our agility in responding to emerging customer needs, enables us to sustain CACI’s growth in a large addressable market and offer innovative solutions and trusted services for our nation’s most important missions.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs