CACI Awarded $36 Million Prime Contract to Support Naval Operational Logistics Support Center
Ongoing Work Helps U.S. Navy Ordnance Information System Manage and Track Ordnance Worldwide
Arlington, VA, October 12, 2010 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a $36 million prime contract for program management and technical support services for the Naval Operational Logistics Support Center's (NOLSC) Ordnance Information System (OIS) which is used to manage and track Navy ordnance worldwide. The indefinite delivery/indefinite-quantity contract is for five years (one base, four option years). The majority of the work will be performed at Navy facilities in Bloomington, IN and at the Naval Weapons Station in Yorktown, VA. The award continues a twenty-year relationship with the Navy's ordnance community and expands the support that CACI's logistics and material readiness and enterprise IT and network services functional core competencies provide for the sea service.
NOLSC develops and utilizes state-of-the-art web-based logistical and inventory management tools, as well as maintaining a global presence of ordnance logistics experts to provide front line support and training. The center's comprehensive Ordnance Information System provides critical, real-time, worldwide ordnance tracking. The OIS not only improves and simplifies the day-to-day ordnance inventory management; it also provides Naval and Marine aviation warfighters, as well as SEALS and Marines on the front lines, with critical data for mission success.
In supporting these capabilities, CACI is a trusted and proven partner to the Navy in developing ordnance accounting solutions and software applications. The company's credentials in these disciplines have recently been enhanced with the successful completion of a Capability Maturity Model Integration (CMMI®) Appraisal that resulted in CACI's U.S. operations now being rated at CMMI® Maturity Level 3. This recognition of the organization's systems and software engineering practices assures NOLSC that CACI's systems engineering, integration, and software projects will be completed with high levels of quality, on time, and within budget.
According to Bill Fairl, CACI's President of U.S. Operations, "This work with the Naval Operational Logistics Support Center expands a long-standing relationship with a valued customer. It's remarkable that we are able to continue a process initiated more than a decade ago when we began focusing on quality and process improvement benchmarking utilizing the old Capability Maturity Model (CMM®)."
CACI President and CEO Paul Cofoni observed that, "With our Navy and Marine Corps warfighters around the world relying on the fast, reliable availability of ordnance, it's clear that the support CACI provides for the Naval Operational Logistics Support Center is a key component in making that vital delivery capability a reality. With this significant award, we look forward to fulfilling this critical mission function for the Navy.”
CACI provides professional services and IT solutions needed to prevail in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,900 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
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 following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; changes in our effective tax rate; valuation of contingent consideration in connection with business combinations; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq, or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other governmental entities with cognizant oversight; the insourcing of contractor positions by the government; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); market speculation regarding out continued independence; material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs”) and/or schedule contracts with the General Services Administration; the ability to integrate the operations of our recent acquisitions; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the Company's Securities and Exchange Commission filings.
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