CACI Enters Agreement with U.S. Army to Develop and Test Advanced Capabilities on Demonstration Satellite
CACI International Inc (NYSE: CACI) signed a five-year cooperative research & development agreement (CRADA) with the U.S. Army Space and Missile Defense Technical Center (USASMDC-TC) to further the development of advanced payload technologies, space sensor applications, and resilient Positioning, Navigation & Timing (PNT).
Previously, CACI announced a 2023 satellite launch to test a multi-mission small satellite payload. The payload includes two software-defined technology applications that enable precise, resilient PNT and tactical signals intelligence (TacISR) capabilities while in low earth orbit (LEO). CACI’s PNT and TacISR payloads highlight the unique power of software-defined radio-based modules that can be configured for multiple missions. The USASMDC-TC expressed interest in participating in the program to evaluate these technologies for military use. The CRADA also includes technologies for laser communications, laser sensing, artificial intelligence, and secure communication technologies.
Todd Probert, CACI President of National Security and Innovative Solutions, said, “These payloads feature mission-proven, ground-based technologies that are tailored for the unique challenges of the contested space domain. They enable increased resiliency and security through low size, weight, and power (SWaP) software-defined applications. We look forward to working closely with the Army on this critical program to bolster our nation’s dominance in space.”
The time-focused PNT payload application is the critical enabler of precision positioning and navigation and will demonstrate GPS-independent earth-space time synchronization that exceeds current performance by 100 times. The resulting time accuracy will be used to produce high-precision geolocation solutions in proliferated LEO constellations, contribute to GPS resiliency, and provide augmentation in GPS-denied or degraded environments. Concurrently, the tactical ISR payload application will demonstrate the ability to collect, geolocate, demodulate, and decode digital mobile radio signals.
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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, 2022, 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.
Contacts
Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com
Investor Relations:
Daniel Leckburg
Senior Vice President, Investor Relations
(703) 841-7666, dleckburg@caci.com
