CACI Selected for $47 Million Multiple Award Contract With Naval Supply Systems Command
CACI Services to Support NAVSUP Vision for "One-Touch" Supply Around the World
Arlington, Va., October 23, 2001 — CACI International Inc (NASDAQ:CACI) announced today that it has been selected as a prime contractor by the Naval Supply Systems Command (NAVSUP) to support a five-year, multiple award omnibus contract with a ceiling value of $47 million. The indefinite delivery/indefinite quantity award covers a broad spectrum of services, including logistics support, supply and financial analysis, and e-business support for NAVSUP and its field activities. The contract expands both the scope and value of CACI's business with the U.S. Navy, further strengthening CACI's engineering and logistics line of business and contributing to strategic goals to increase Defense Department support.
From its headquarters in Mechanicsburg, Pennsylvania, NAVSUP provides combat capability to U.S. Naval forces through logistics solutions. NAVSUP's 9,000 personnel manage logistics programs in the area of supply operations, conventional ordnance, contracting, resale, fuel, transportation, security assistance and various quality of life issues, including food service, postal, Navy exchanges and household goods.
With its legacy of in-depth experience with Navy and Defense Department logistics, CACI has developed core solutions that will help NAVSUP meet goals for improved efficiency and reduced costs. This includes providing technical analyses of logistics systems and recommendations for enhancement; performing risk assessment and economic analyses of financial and supply systems; evaluating e-business systems by benchmarking commercial and government e-business initiative and developing metrics to guide improvement; and providing activity-based costing to facilitate strategic decision-making. CACI will also help NAVSUP identify high-payback opportunities for reengineering systems, and arrive at optimal decisions regarding future logistics investments.
"CACI's comprehensive solutions will support the Naval Supply Systems Command's vision of 'One-Touch Supply,'" said Ken Johnson, CACI's President of U.S. Operations, "where a single action by the customer activates a global network of systems and services for delivery of products and support of operations. Our distinctive expertise in logistics ensures rapid and effective responses that enhance logistics operations while saving time and money."
CACI Chairman and CEO Dr. J.P. (Jack) London stated, "The Naval Supply System Command's omnibus contract gives us an opportunity to deliver logistics support and services that will enhance all Navy operations. The technological and human resources we have in place today assure our ongoing ability to support clients like the Navy in successfully performing their critical missions around the globe. We're proud to contribute to Navy readiness as we continue to meet company goals for growth and support for our key lines of business."
CACI International Inc, a member of the Russell 2000 and S&P SmallCap 600 indices, is a worldwide leader in information technology and communications 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 5,000 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 in the United States; failure to achieve contract awards in connection with recompetes for present business with the Department of Justice, the Federal Aviation Agency, the Defense Information Systems Agency and others 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, including the possible discontinuance of the U.S. Government's Tobacco litigation; 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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