CACI Awarded $26.8 Million Task Order With U.S. Army C4ISR On-The-Move Product Management Office
Strategic Services Sourcing (S3) Award Continues CACI Engineering Support for U.S. Army Technology Development
Arlington, Va., April 1, 2008 – CACI International Inc (NYSE:CAI) announced today that it has been awarded a $26.8 million task order contract by the U.S. Army's Research, Development and Engineering Command to provide engineering support for the Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) On-The-Move Product Management Office. CACI competed for this four-year award (one base year, three option years) through the Strategic Services Sourcing (S3) contract vehicle the company holds with the U.S. Army. With the award, CACI continues growing its core business in C4ISR solutions.
The C4ISR On-The-Move Product Management Office provides a relevant environment/venue to assess emerging C4ISR technologies in a network-centric environment in order to reduce and mitigate risk for Future Combat Systems (FCS) concepts and to accelerate technology insertion into the current force.
Activities that Team CACI supports range from large-scale demonstrations and explorations conducted at Fort Dix, NJ; the Naval Air Engineering Station, Lakehurst NJ; and other installations as needed; as well as other smaller-scale technical explorations and tests. During these activities, technology developers from governmental agencies, academia, and the commercial sector are provided an opportunity to evaluate the performance of their systems in a structured, low-risk manner, in conditions not ordinarily available within their development environment. These technologies include unmanned air systems and ground vehicles, unattended ground sensors, battle command systems, and next-generation voice and data communications systems. Throughout, CACI and its teammates continue to focus on providing technical, systems engineering, analysis, and program management support that enable these events to meet U.S. Army standards of timeliness, accuracy, and efficiency.
CACI President of U.S. Operations Bill Fairl said, "CACI is pleased to continue providing the C4ISR On-The-Move Product Management Office with low-risk, high-quality technical and management support to help assess emerging technologies. We have assembled a world-class team and offer a seamless transition of personnel and services. We provide proven processes for evaluating technologies quickly and effectively, and can facilitate technology maturation and ultimate fielding to the warfighter."
According to Paul Cofoni, CACI's President and Chief Executive Officer, "CACI has designed our comprehensive services and solutions to support national security and defense needs at every level. This includes providing innovative approaches to help the U.S. Army get the best and most up-to-date technologies to our troops. CACI's support for C4ISR technologies helps our military stay one step ahead of our adversaries, by continually enhancing the government's ability to gather and act on vital information."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, 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 national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 employees working in over 120 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; 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; and other risks described in the company's Securities and Exchange Commission filings.
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