CACI Awarded $290 Million Contract to Provide AI and Geospatial Expertise to the National Geospatial-Intelligence Agency (NGA)
December 05 2024 - 7:15AM
Business Wire
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
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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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