CACI International Inc CACI has secured a $5.7 billion blanket purchase agreement for Enterprise Information Technology as a Service (EITaaS) Wave 1 by the Air Force.
The company will provide enterprise technology to more than 800,000 Airmen and Space Force Guardians globally.
EITaaS is a Department of the Air Force initiative, including the Air Force and Space Force.
CACI, and its team of small business partners, will transform the Dept. of the Air Force IT services from an in-house, base-centric delivery model to an advanced enterprise service delivery model.
Also Read: IT Services Provider CACI Bags Navy Contract With $1.2B Ceiling
It will also provide an enhanced IT management system, IT storefront, enterprise help desk, local field services, and life cycle support for end-user devices.
"Our team is ready to work with the Air Force and Space Force to move Airmen and Guardians to more efficient and cost-effective as-a-service technology provisioning," said President of Business and Information Technology Solutions, DeEtte Gray.
Price Action: CACI shares are trading higher by 0.88% at $333.90 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.