CACI Awarded $48 Million Information Technology Contract to Support Air Force Research
Broad Range of Support Includes Intelligence, Information Assurance Solutions
Arlington, Va., September 28, 2000 -- CACI International Inc (NASDAQ:CACI) announced today that it has been awarded a five-year, $48 million, task order contract by the Air Force Research Laboratory, Rome Research Site (AFRL/RRS/IFT) in Rome, New York, to provide broad access to technology resources critical to fulfilling AFRL/RRS research missions. CACI is the sole winner of this contract award, which supports the company's continued expansion of its intelligence services business base and information assurance line of business.
CACI's objective is to assist the AFRL/RRS Information Technology Division in conducting broad-based research and development in information technologies for the Air Force. Representative technologies that CACI will support include embedded information systems in aircraft and weapons, intelligent software agents for Air Force command and control networks, and signal/image processing software for information fusion. CACI's experience in Air Force and intelligence technologies will enable it to provide significant support for developing, testing, and fielding technologies quickly and cost-effectively. CACI also brings its comprehensive expertise in information assurance to support the AFRL's extensive information assurance activities, including developing information assurance metrics and models to test and validate such systems as command and control, information exploitation, and embedded computing applications.
In addition to direct technology assistance, CACI will also provide project management support and a strong subcontractor team to further expand AFRL/RRS research capabilities. CACI's network of subcontractors across the country will help the AFRL/RRS to establish partnerships among academic and research laboratories, industry, and the other Services to accelerate the development and transition of leading-edge technology to operational systems.
According to Ken Johnson, President of CACI, Inc., "CACI's technical expertise, as well as our ability to draw upon critical resources from team members nationwide, assures the Air Force of accelerated, cost-effective technology development and the rapid and low-risk integration of this technology into fielded systems. We look forward to working in partnership with our Air Force Research Laboratory colleagues in forming a seamless technical team for the completion of their diverse technical mission."
CACI Chairman and CEO Dr. J.P. (Jack) London said, "With the award of this contract, CACI continues to expand its business relationship with the Air Force Research Laboratory. Our work with Air Force research programs represents a critical thrust for CACI, giving us continued growth in our intelligence services and information assurance businesses and helping us meet our strategic growth goals."
CACI International Inc, a member of the Russell 2000 and S&P SmallCap 600 indices, is a worldwide leader in information technology, e-Business, and networld solutions. Founded on simulation technology in 1962, the company has evolved a diverse solutions portfolio for today's net economy. From across the technology spectrum, CACI integrates the networks, systems, and software for telecommunications, e-Commerce, information assurance, and all forms of information management. CACI centers of excellence are unique in the industry, offering "try-before-buy" solutions so clients save time and resources. With approximately 4,800 employees and more than 90 offices in the U.S. and Europe, CACI meets complex client challenges with comprehensive, reliable solutions. 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; 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; government contract procurement (such as bid protest) and termination risks; 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; 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
Director, Investor Relations
(703) 841-7835
ddragics@caci.com
For other information contact:
Jody Brown
Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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