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CACI Scores Big on Health IT Contract for Veterans Affairs

CACI International Inc. CACI, a defense and intelligence information technology company revealed that it has secured a prime position on a $22.3 billion multiple-award contract, under which it will provide information technology (“IT”) services and solutions to the Department of Veterans Affairs (“VA”). The 10-year contract was awarded under the Transformation Twenty-One Total Technology (T4) Next Generation (NG) contract vehicle.

The company will provide cost-effective solutions and services encompassing the overall IT Health modernization requirements of VA. This IT modernization will include highly advanced solutions for maintaining and upgrading existing IT facilities and Infrastructure. The company is focused on providing its assistance to VA so that they can fulfill their critical national requirement. The IT evolution will help the federal government offer innovative, high-quality healthcare to the nation’s revered veterans.

CACI’s expertise in the Health industry will be put to use in this 10-year prestigious contract that would help support a total IT evolution in VA organizations.

CACI’s Health segment works to provide advanced health care solutions by integrating them with IT solutions. These solutions include modernized, interoperable, and secure health IT systems, which ensure patient data integrity and privacy. The company also provides medical logistics for worldwide readiness, and rapid response for public health emergencies and humanitarian relief.

CACI has a history of providing its expertise and solutions to various government agencies around the world. This prestigious contract will boost the company’s goodwill and help it to win more such contracts in the near future.

CACI carries a Zacks Rank #3 (Hold). Some better-ranked stocks include NCI, Inc. NCIT, CGI Group Inc. GIB and Ebix Inc. EBIX. All three carry a Zacks Rank #2 (Buy).

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