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CACI International Inc
ISIN: US1271903049
WKN: 906006
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CACI International Inc · ISIN: US1271903049 · Business Wire (ID: 20241205015286)
05 December 2024 02:15PM

CACI Awarded $290 Million Contract to Provide AI and Geospatial Expertise to the National Geospatial-Intelligence Agency (NGA)


CACI International Inc (NYSE: CACI) announced today that it is an awardee of a five-year contract valued at up to $290 million to provide artificial intelligence (AI) and geospatial expertise to the National Geospatial-Intelligence Agency (NGA) under the Luno-A multi-award indefinite delivery, indefinite quantity vehicle.

“CACI has been investing ahead of need and leveraging proven AI tools for years to enhance our renowned expertise,” said John Mengucci, CACI President and Chief Executive Officer. “By utilizing CACI-developed AI tools that are easily integrated into analyst workflows, we will deliver cutting edge geospatial AI, machine learning, and computer vision expertise to our customer on this contract. Furthermore, the ability to provide meaningful, rapid results will enable NGA to incorporate real-time data into their missions and inform their critical decisions.”

Under this contract, CACI will provide NGA with complete end-to-end geospatial products generated with CACI-built AI solutions. This includes solving NGA requirements by running source material through CACI’s AI models to identify items of interest and give analysis on activity and change over time, all at the unclassified level. CACI’s AI-powered tools and platforms support change detection and object detection, as well as tracking, monitoring, and alerting with automation layers and analysis to provide efficiencies to the geospatial intelligence (GEOINT) process.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, 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, 2024, 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.

CACI-Contract-Award-Business Wire

Contact

Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com

Investor Relations:
George Price
Senior Vice President, Investor Relations
(703) 841-7818, george.price@caci.com

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