CACI Awarded Prime Contract on $1 Billion, Multiple-Award Program With Defense Intelligence Agency
Company to Support Intelligence Analysis Program That Collects, Disseminates, and Analyzes Intelligence for Department of Defense
Arlington, Va., April 3, 2008 – CACI International Inc (NYSE:CAI) announced today that it has been awarded a prime contract to support the multiple-award Solutions for Intelligence Analysis (SIA) program with the Defense Intelligence Agency (DIA). CACI received one of eight prime awards. The SIA program has a total estimated ceiling value of $1 billion. The five-year indefinite delivery/indefinite quantity task order contract was awarded to CACI for a one-year base and a four-year option period. The new work expands CACI's business in the critical military intelligence analysis arena managed by the DIA and executed by regional and functional combatant commanders.
The SIA program will provide the Department of Defense Intelligence Community with a responsive, efficient, and reliable means to satisfy requirements for intelligence analysis and related services. Services will meet the full range of defense intelligence requirements in 29 functional mission areas, including global and regional terrorism, WMD programs and proliferation, counterintelligence, strategy and doctrine, and joint force requirements. It will streamline the procurement process for contract intelligence analysis services across the intelligence analysis cycle, including collaboration and dissemination of finished intelligence products to DoD policymakers, combatant commands, and warfighters aloft, afloat, and in the field.
CACI provides solutions that optimize intelligence capabilities, using the deep expertise and experience required to design and implement sophisticated information architectures and knowledge management solutions for the Intelligence Community. The company's end-to-end intelligence capabilities and services encompass the entire life-cycle management of data — from sensor to exploitation, to conversion into knowledge, and timely delivery to decision-makers.
According to Bill Fairl, CACI's President of U.S. Operations, "The Solutions for Intelligence Analysis award with the Defense Intelligence Agency is a very important, strategic win for CACI. We're confident we have the resources, people, and partners in place to make a major contribution to the intelligence missions at the DIA and the throughout the DoD Intelligence Community."
CACI President and CEO Paul Cofoni said, "This new work with the Defense Intelligence Agency to help collect and streamline the flow of intelligence from all sources to in-theater warfighters provides the ideal platform for CACI to grow our significant intelligence business. Our ongoing strategy is to provide high-value solutions at the critical nexus of intelligence and security. We're proud to be able to help our nation meet its national security priorities."
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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