CACI Scoops Up Defense Deals; CEO Paul Cofoni Comments

Paul Cofoni

CACI (NYSE:CACI) picked up a pair of defense deals worth almost $60 million.

As part of the first deal, worth $25 million, the firm will assist the U.S. Special Operations Command Program Executive Office for Special Operations Forces Warrior Systems.

CACI will help the office managing acquisition programs for Special Operations Forces equipment and systems.

“One of the keys to CACI’s successful growth strategy is our ability to win and aggressively compete with the defense industry’s best on large contract vehicles like the $1.5 billion Global Battlestaff and Program Support effort, “ CEO Paul Cofoni said.

The company also signed a $34 million prime contract to lend a hand to the “mission, processes, and systems requirements of the Office of the Under Secretary of Defense at the Department of Defense.”

“An orderly, well-managed budgetary process from the Department of Defense through Congress is a critical factor in assuring that our nation’s armed services have the resources they need to fulfill their missions, ” Cofoni said. “The people, systems, and technologies we bring to the table with this award all play essential roles in managing and tracking the ever-changing requirements that are involved.”

Check Also

fuel supply

DLA Selects 10 Awardees for Fuel Supply IDIQs 

Ten companies have each received indefinite-delivery/indefinite-quantity contracts to provide various fuel types to support designated Defense Logistics Agency missions.

BAE Systems

BAE Closes Purchase of Collins Aerospace’s Military GPS Business

BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.