CACI Awarded $45 Million Contract to Continue Support for Common Ground Systems in U.S. Army Operations
New Task Order Bolsters Role in Supporting Warfighters
Arlington, VA, November 2, 2010 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a $45 million task order contract to provide program management and technical engineering services to upgrade Common Ground Systems (CGS) with subsystems from the U.S. Army's Distributed Common Ground System-Army (DCGS-A) Ground Mobile system. With the support of key teammate General Dynamics C4 Systems, CACI received the one base-year (six-month option) award under its Strategic Services Sourcing (S3) contract with the Army.
The DCGS-A integrates intelligence, surveillance and reconnaissance data within a single system to streamline the Army's ability to process and disseminate this data to commanders in the field. The benefit is that field commanders gain a better situational understanding of their environment, which enables them to visualize and analyze imminent threats, predict threat intentions, and develop countermeasures. The enhanced CGS systems will provide warfighters with improved means of receiving, processing and sharing intelligence data in a mobile, tactical environment.
The CACI team will provide software and lifecycle management for the integrated systems by performing budget and program financial analysis, managing and training users, and providing logistical support. The award strengthens CACI's functional core competency in C4ISR Integration Services, drawing upon more than 20 years of experience delivering advanced solutions to the warfighter at an accelerated pace and sustaining them throughout their lifecycle. CACI's work will result in a more effective CGS system while ensuring optimal deployment and containing costs.
According to Bill Fairl, CACI's President of U.S. Operations, "We're pleased to continue our support for the Distributed Common Ground System-Army. Our demonstrated expertise in technical engineering and program management is an ideal fit for helping the Army deliver the intelligence our warfighters need in theater operations."
CACI President and CEO Paul Cofoni said, "With this new contract, CACI continues its longtime commitment to providing support in the battle against global terrorism. We look forward to offering proven solutions for the Army's data and intelligence needs in the years to come."
CACI provides professional services and IT solutions needed for 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 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 13,400 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 our 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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Corporate Communications and Media:
Jody Brown, Executive Vice President
Public Relations
(703) 841-7801, jbrown@caci.com
Investor Relations:
David Dragics, Senior Vice President
Investor Relations
(866) 606-3471, ddragics@caci.com
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