CACI Awarded First Task Order Under Strategic Services Sourcing Contract
$33 Million Contract to Support Defense Intelligence Agency
Arlington, VA, May 31, 2006 - CACI International Inc (NYSE: CAI) announced today that it has been awarded the first task order of its new Strategic Services Sourcing (S3) contract with the U.S. Army Communications-Electronics Life Cycle Management Command (C-E LCMC), headquartered at Ft. Monmouth, New Jersey. On March 15, CACI announced it was one of just seven prime contractors on the S3 program, which has a total estimated ceiling value of $19.25 billion. The new task order is a two-year award, with a ceiling value of $33 million, to support geographic information systems (GIS) for the Defense Intelligence Agency (DIA) through the U. S. Army Communications-Electronics Research, Development and Engineering Center (CERDEC). The contract continues the ongoing expansion of CACI's business in intelligence solutions.
DIA is a major provider of military intelligence to warfighters and policymakers and planners. CACI's award calls for the company to help DIA incorporate state-of-the-art GIS technology, data sources, analytical techniques, and advanced visualization technology into DIA's Urban Analysis Center battle laboratory and the Department of Defense Intelligence Information System, a worldwide network that links data providers, analysts, and those who employ intelligence in their decisions.
CACI offers proven solutions for the support and development of GIS and geographic visualization services. GIS technologies are critical for helping DIA sort through vast amounts of geographic data to derive actionable intelligence that can be used to directly support ground operations in the global war on terrorism.
Paul Cofoni, President of U.S. Operations, said, "CACI's expertise supporting geographic information systems and intelligence networks assures the Defense Information Agency that we will be a productive and trusted partner. We understand the DIA battle lab environment and our role in supporting its innovative technical environment. We will also draw on our significant defense network experience to ensure network services. We predict a fast ramp-up in our support and contribution to DIA's vital mission."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI's first task order under the Strategic Services Sourcing contract, coming soon after our award as one of only seven prime contractors on the $19.25 billion S3 program, demonstrates the continuing success of our strategic growth plan. We are focused on providing solutions for the nation's most urgent needs in national defense and homeland security. Our selection to support the Defense Information Agency reaffirms the value of CACI's solutions to our federal customers and demonstrates CACI's ability to serve our government's highest 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 has been named to the Fortune 1000 Largest Companies of 2006. A member of the Russell 1000 index, CACI provides dynamic careers for approximately 10,450 employees working in over 130 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, including conditions that result from terrorist activities or war; changes in interest rates and currency fluctuations 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 government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; 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); 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; our own ability to achieve the objectives of near term or long range business plans; changes that could result from accounting adjustments requested in connection with finalizing our Report on Form 10-K; 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
Executive Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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