CACI International Inc (NYSE:CAI) announced today that the U.S. Army has awarded the company an additional ceiling of $97.9 million to support the Army Project Manager, Tactical Radio Communications Systems (PM TRCS). The competitively awarded increase now raises the potential value of the four-year PM TRCS contract to $189.6 million. CACI won the PM TRCS support effort under the Army's Strategic Services Sourcing (S3) contract vehicle in October 2006. This award represents both new business and the expansion of current tasks, and continues the growth of CACI's business in command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).
The Army's tactical radio communications systems connect warfighters and first responders to each other and to military and government decision-makers. PM TRCS fields more than 150 such systems, providing airborne and ground-based radio communications in support of tactical operations that include battlefield engagements in Iraq.
CACI currently supports the manufacture and testing of systems to ensure specifications and schedules are met and costs are contained. The company also assists the PM TRCS in planning how systems are distributed and deployed, how related supplies are allocated, and how training is developed and scheduled to ensure the highest levels of warfighter readiness.
The new funding significantly expands CACI's existing PM TRCS work. The increase also reflects new business for CACI in support of additional communications. Here, CACI will help the Army use technologies to better sustain radio transmissions during battlefield operations. Where conventional radio signals may fail over difficult terrain or under harsh conditions, this form of communication provides greater success.
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