CACI Awarded Blanket Purchase Agreement to Provide Information Technology Services to Secretary of Defense
Estimated $20 Million Contract Open to Multiple Secretary of Defense Offices Subject to BPA
Arlington, Va., January 10, 2002 — CACI International Inc (NASDAQ:CACI) announced today that it has been awarded a five-year, estimated $20 million blanket purchase agreement for information technology support services with the Office of the Secretary of Defense (OSD). Under the Information Technology Support Services Contract (ITSSC), awarded for one base year and four option years, CACI will provide a range of technical support to multiple OSD offices and agencies subject to the BPA, in such areas as software development, financial management systems, secure communications, and e-Commerce services. The award positions CACI to grow its existing business with OSD and continue its expansion of systems integration and managed network services support for the Department of Defense.
The mission of OSD is to develop and plan policy, manage resources, and evaluate fiscal and other programs in support of Secretary of Defense Donald H. Rumsfeld and the implementation of national security objectives. CACI has supported OSD through a number of contracts since 1989.
CACI's current OSD activities include software development for the OSD Planning, Programming, and Budgeting System (PPBS). PPBS, the financial management process through which DoD Services and agencies request program funds, is a central component in tracking and managing the complex, $300-billion DoD budget. CACI's PPBS experience also includes support at the major military command level, for example building and maintaining a PPBS subsystem called RM-Online for the Army Materiel Command. The company is leveraging this experience, and applying its expertise in software development and financial management systems, to deliver enhancements to PPBS that promote accuracy, security, and ease of use.
CACI also supports OSD's Defense Travel System (DTS). For DTS, CACI provides program management assistance in support of an online system being developed to automate travel functions for the entire Defense Department. On this project, OSD is making use of CACI capabilities in secure communications and e-Commerce to better test and evaluate the new system.
According to Ken Johnson, CACI's President of U.S. Operations: "CACI is proud to provide continuity of service in essential functional areas for the Office of the Secretary of Defense, and offer innovative new support for other OSD offices and agencies. Our proven expertise will help OSD meet mission goals effectively and on time, with high-quality technical support for their financial management systems, secure communications, e-Commerce, and other technology requirements."
Dr. J.P. (Jack) London, CACI Chairman and CEO, is enthusiastic about the ITSSC award: "The ITSSC contract presents CACI with a great opportunity to offer our capabilities to the highest levels of the Department of Defense. In the coming months, we foresee an expansion in the defense arena in response to external threats to our national security. CACI stands ready to meet the needs of the Office of the Secretary of Defense as it continues its vital role in guiding defense policy and operations."
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, information assurance, intelligence services, 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 5,700 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 particularly as they may be affected by terrorist activities; failure to achieve contract awards in connection with recompetes for present business 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, particularly in connection with homeland defense and other responses to recent terrorist activities; 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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