CACI Awarded $128 Million in Previously Unannounced Contracts With National Security Clients in the Federal Government
Includes Network Services, Information Assurance, Systems Engineering, Financial Management Support
Arlington, VA, October 14, 2003 — CACI International Inc (NYSE:CAI) announced today that it has won approximately $128 million in new contracts with national security clients in the federal government. The awards call for CACI to provide managed network services, information assurance, systems engineering, and financial management support, among other solutions. All the contracts were awarded in CACI's first fiscal quarter, ending September 30, 2003. The significant increase in the number and value of these awards confirms CACI's continued successful expansion of its core offerings in the areas of vital national security support.
Representative work includes a network services contract under which CACI will operate and maintain network operations centers and wide area networks. The company will ensure system reliability and availability through regular maintenance and proactive management to prevent bottlenecks and service outages. On another contract, for information assurance, the company will focus on supporting a public key infrastructure (PKI) help desk, supporting legacy PKI capabilities and helping to migrate to a newer, more powerful service.
Two new systems engineering contracts were added in the first quarter for CACI to support signals intelligence (SIGINT) modernization efforts. These include delivering project management services and life-cycle configuration support to ensure SIGINT technologies are developed efficiently and in a secure and controlled environment. Under a financial management support award, CACI will apply its expertise in financial processes to help the client meet federal goals and regulations for financial management and reporting.
"CACI continues to focus our core strengths on providing innovative, timely, and effective solutions for the federal government," said Ken Johnson, CACI's President of U.S. Operations, "We are well positioned to help our clients meet mission-critical goals for streamlined operations and the enhanced collection, protection, and dissemination of critical security information."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI is committed to supporting America's national security community, and these contract awards demonstrate our support at a very high level. These wins continue CACI's business growth and increase our ability to support national security, homeland defense, and intelligence requirements."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI, a member of the Russell 2000 and S&P SmallCap 600 indices, provides dynamic careers for approximately 6,400 employees working in over 90 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web 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 following: regional and national economic conditions in the United States and the United Kingdom (our UK operations have been affected by the slow economy of the UK), including conditions that result from terrorist activities or war; 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 in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of the appeal of CACI International Inc. ASBCA No. 53058; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees; 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 scheduled contracts with the General Services Administration; 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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For investor information contact:
David Dragics
Vice President, Investor Relations
(703) 841-7835
ddragics@caci.com
For other information contact:
Jody Brown
Senior Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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