CACI International Inc ( NYSE: CACI) announced today that it has been awarded a $22 million prime contract by the U.S. Department of Defense (DoD) to support engineering efforts to improve the DoD Mobile Electric Power (PM-MEP) generating sources. This two-year task order contract represents continuing work for CACI and further expands its presence in its Integrated Security Solutions (ISS) market.
This contract supports development and engineering efforts, including resources, to improve or modify the DoD standard family of PM-MEP generating sources and assist in developing more cost-effective MEP generating sources for future military needs. Energy sources have become increasingly important as the development of new warfighting equipment and technologies has greatly increased soldier power requirements. As a result, energy is expected to have a critical impact on costs, unit readiness, and mission success.
CACI’s unmatched knowledge and unique insight into the PM-MEP mission, challenges, and future requirements make it an ideal candidate for this work and benefit the customer and soldiers in the battlefield. On this contract, CACI will continue providing subject matter expertise in support of the engineering, manufacturing, and production development decisions that drive DoD’s tactical electric power solutions on today’s battlefield.
John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “This continuing work to support the DoD’s Mobile Electric Power efforts allows CACI the opportunity to modernize and innovate the DoD’s generator fleet. Our workforce possesses the tailored skills and experience necessary to successfully and cost-effectively accomplish this mission.”According to CACI President and Chief Executive Officer Ken Asbury, “The Mobile Electric Power contract is an important strategic win for CACI. This work in the Integrated Security Solutions arena broadens our support in this high-growth market, and we welcome the vital role our experience will play in mission continuity and stability for the Department of Defense.”