CACI Awarded $9.4 Million Contract to Support Air Force Financial Management System
CACI Enhancements to Keystone System to Help Improve Management of Aircraft Supplies
Arlington, Va., January 28, 2002 — CACI International Inc (NASDAQ:CACI) announced today that it has been awarded a four-year, $9.4 million contract by the Air Force Materiel Systems Group at Wright-Patterson Air Force Base, Ohio, to support the Keystone Decision Support System. The Keystone Decision Support System provides the Air Force Materiel Command (AFMC) a data warehousing technology and architecture for the financial management and logistics information needed to make supply management decisions. CACI will provide a range of software support to maintain and enhance the system. With one base year and three option years, the award opens up a new area of AFMC support for CACI and expands its business in financial management systems and its support to the Department of Defense.
The Keystone Decision Support System provides a comprehensive data warehouse of information on the spare parts required to support all Air Force aircraft. The system obtains data feeds from 11 financial and logistics legacy systems to give AFMC users a full range of information on the prices, availability, supply, and demand for spare parts. AFMC leadership will use Keystone data to allocate over $5 billion annually for reparable spare parts.
Under the terms of the Keystone contract, CACI will provide software development and related services to help the Air Force ensure the timeliness and accuracy of Keystone's information. This includes enhancing the system's interface capabilities to speed data access and delivery, and improving reporting capabilities to increase the breadth, flexibility, and accuracy of data correlations. CACI's demonstrated software development proficiency, AFMC experience, and growing financial management systems expertise were key elements in the company's selection for the award.
According to CACI President of U.S. Operations Ken Johnson, "CACI offers the Air Force Materiel Systems Group independently verified software solutions and deep functional knowledge of their financial and logistics environment. Our support will help ensure that Keystone provides high-quality data to help Air Force experts gain new insight into the supply process and make the best management decisions for America's fleet of aircraft."
"CACI is committed to Keystone's successful operation and continuous improvement," said CACI Chairman and CEO Dr. J.P. (Jack) London. "We are growing our technology support to the Department of Defense in the area of financial management systems, and we see this contract as an outstanding opportunity to enhance our solutions for the Air Force while increasing the financial management capabilities we can offer to all our clients."
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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