CACI Wins Deal to Help Fight IEDs; Paul Cofoni Comments

CACI (NYSE: CACI) won a $27 million task order contract to support the Operations and Training Division of the Joint Improvised Explosive Device Defeat Organization (JIEDDO).

According to the firm, “the award was made under the $494 million multiple-award JIEDDO Comprehensive Support Services contract that CACI announced it had won in August 2009. The award includes both new and continuing business in CACI’s integrated security and intelligence core competency, and leverages CACI’s position as one of the premier counter-IED companies providing direct support to the warfighter.”

CACI relishes the opportunity to help stomp out the threat of IEDs.

“With this new award under our Joint Improvised Explosive Device Defeat Organization contract vehicle, CACI continues our direct support for the warfighter, ” said CEO Paul Cofoni. “IEDs are the single greatest threat to our servicemen and women today, and are the single greatest asymmetric threat worldwide. We are committed to helping the government defeat IEDs and safeguard our troops as part of our growth strategy of focusing on the highest national priorities for warfighter support, IT modernization, and government transformation.”

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