CACI Awarded $11.3 Million Contract With Naval Research Laboratory
Recompete Award Expands CACI Support for Naval Electronic Warfare Simulation
Arlington, Va., January 14, 2002 — CACI International Inc (NASDAQ:CACI) announced today that it has been awarded an $11.3 million recompete contract to support the Tactical Electronic Warfare Division's Central Target Simulator at the U.S. Naval Research Laboratory (NRL) based in Washington, D.C. Under the terms of the contract, CACI will provide engineering design, development, and support services to enhance Navy capabilities in protecting the U.S. Fleet. The award, for one base year and four option years, expands the value of CACI's commitment to the Navy and NRL, and strengthens CACI's electronic warfare capabilities. Electronic warfare offerings are a key component of the suite of solutions CACI provides to the intelligence community, which is a strategic growth area for the company.
The NRL contract provides engineering development and support of existing hardware and software to help the Navy safeguard U.S. Fleet assets. CACI's role is to define, simulate, and evaluate known threat systems, as well as those under development, and to support advanced technology to counteract these threats. CACI's comprehensive information technology expertise, electronic warfare and simulation modeling experience, and commitment to the NRL provide a strong foundation for supporting the NRL mission.
"CACI has a very successful long-term partnership with the Naval Research Laboratory," said Ken Johnson, CACI's President of U.S. Operations. "As a result, we have a unique and in-depth knowledge of their systems. We combine this experience with our proven expertise in electronic warfare to deliver solutions that will help NRL continually evolve capabilities to address a variety of threats. And with 'cyber-threats' increasing around the world, this support is more important than ever to the protection of America's Navy."
CACI Chairman and CEO Dr. J.P. (Jack) London stated, "CACI is proud to be able to contribute to America's security with this Naval Research Laboratory award. The contract is part of our ongoing strategy to expand our business as a provider of solutions to the intelligence community. It enables us to maintain focus on our core technology solutions for military intelligence as well as the Department of Defense as a key client base."
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; 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; the results of the appeal of CACI International Inc. ASBCA No. 53058; 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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