CACI International Inc (NYSE: CACI) announced today that the Army’s Joint Counter-Small Unmanned Aircraft Systems office (C-sUAS) Office (JCO) has selected its CORIAN™ system to protect DoD personnel and facilities against threats from unmanned aircraft systems/drones.
DoD designated the Army JCO as the executive agent for C-sUAS to identify and prioritize shared gaps in technology and plans, and to work with industry to discern emerging technologies, address challenges, increase efficiencies, and promote competition in future technology development and procurement activities.
Out of the 40+ systems under consideration, DoD leadership selected CORIAN as one of three fixed/semi-fixed systems approved for use by the Department. The selection reaffirms CACI’s position as a leader in the delivery of C-sUAS systems and solutions for the DoD.
The Department identified CACI’s CORIAN C-sUAS solution as one of the fixed/Semi-fixed systems that provided "the best performance and capability mix during the assessment." DoD’s criteria for selecting systems for current use and future research and testing included system effectiveness, usability, sustainment, and integration.
CORIAN is a modular, scalable mission technology system which detects, identifies, tracks, and mitigates UAS threats using precision-neutralization techniques that ensure little to no collateral damage to the surrounding radio frequency (RF) spectrum and existing communications. CORIAN combines the industry’s leading group 1-3 drone detection and mitigation ranges with DoD’s most comprehensive, up-to-date C-sUAS signal library to keep pace with the growing and ever-changing threat.
John Mengucci, CACI President and Chief Executive Officer, said, "CACI looks forward to expanding our base of installed systems worldwide and continuing our support to the Defense Department with CORIAN for immediate use, future research and testing to counter UAS threats. As a market leader in counter-UAS, we are significantly expanding CACI’s critical mission UAS technologies to best meet the ever-evolving operational needs of the DoD."
CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, "As a national security company, CACI continues to bring innovation and expertise to advance the military’s critical C-sUAS capabilities and to equip and protect our warfighters around the world."
CACI’s 23,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. 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, 2019, 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.
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