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TheStreet Open House

CACI Awarded $28 Million Prime Contract To Support Joint Improvised Explosive Device Defeat Organization’s Joint Expeditionary Team

CACI International Inc ( NYSE: CACI) announced today that it was awarded a prime contract, with a total value of $28 million if all options are exercised, from the Department of Defense’s Joint Improvised Explosive Device Defeat Organization (JIEDDO) to support JIEDDO’s Joint Expeditionary Team (JET). JET serves U.S. Armed Forces worldwide by providing rapidly deployable expertise in all aspects of counter-improvised explosive device (C-IED) operations. The 30-month (six-month base and two 12-month options) contract, which CACI received in the first quarter of its fiscal year 2014 ending September 30, 2013, represents continuing work for CACI and reinforces the company’s presence in its high-growth Integrated Security Solutions market area.

JET supports JIEDDO across three lines of operations: Attack the Network, Defeat the Device, and Train the Force. JET advisors assist and mentor units conducting offensive operations to proactively find, disrupt, and defeat IED networks; integrate and employ materiel and non-materiel solutions to detect and neutralize IEDs or mitigate their effects; and collect, analyze, and disseminate lessons learned and best practices observed during embedded operations to enhance combat unit proficiency in C-IED tactics, techniques, and procedures.

CACI offers JIEDDO highly experienced and well-vetted personnel, mission expertise, and innovative approaches necessary to optimize the safety of U.S. forces by providing direct field operations of C-IED activities. In sustaining this business with JIEDDO, the company also offers the benefit of continuity for this vital advisory and assistance mission.

John Mengucci, CACI’s Chief Operating Officer and President of U.S. Operations, said, “Assisting our military in protecting the U.S. Armed Forces is one of CACI’s highest priorities, and our award of the Joint Expeditionary Team contract enables us to continue that support for U.S. combat units all over the world. CACI offers deep functional expertise and a rigorous selection process that provides the highly skilled professionals necessary to deliver this exceptional level of advisory service.”

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