CACI Announces $48.3 Million Contract With Defense Advanced Research Projects Agency
CACI Team to Provide Program Management and Technical Support
Arlington, Va., February 6, 2002 — CACI International Inc (NASDAQ:CACI) announced today that Digital Systems International Corporation, acquired by CACI in November 2001, was awarded a five-year, $48.3 million contract to provide program management support and technical expertise to the Defense Advanced Research Projects Agency (DARPA) Information Technology Office in Arlington, Virginia. CACI will be the prime contractor on this award, leading a team that includes DynCorp Information & Enterprise Technology, Inc., Schafer Corporation, Science and Technology Associates, Inc. and Strategic Analysis, Inc. The new award increases the scope of work CACI is already performing for DARPA, and supports the company's strategic goal of expanding its business as a provider of technology solutions to the Department of Defense.
Created as part of the U.S. response to the Soviet launch of the Sputnik spacecraft in 1957, DARPA is DoD's central research and development organization. DARPA's Information Technology Office focuses on developing network and computer hardware, software, systems, and management technologies to provide DoD with highly advanced military capabilities.
CACI's DARPA team offers a broad range of program management and technical support services, performed by personnel familiar with the DARPA environment. Such comprehensive management support benefits DARPA by freeing the agency's scientists and technical experts to concentrate on their primary mission of researching and developing new technology. CACI's experienced personnel also provide program security and a reduced learning curve for new projects, assuring projects are completed effectively and on time.
CACI's program management support is expected to involve assistance in managing individual program budgets, including providing technology assessments of new products and technologies. The company will also help manage conferences and industry briefings DARPA sponsors worldwide, which are an important avenue for the agency to explore and gather new technologies.
According to Ken Johnson, CACI's President of U.S. Operations, "CACI's offering of program management and technical expertise for the Defense Advanced Research Projects Agency provides a foundation that lets DARPA continue to focus on innovative, high-payoff research and development. Our team will act as a seamless part of the agency in completing its mission goals."
"CACI's new contract with the Defense Advanced Research Projects Agency is a good fit with our strategic goals and gives us a great opportunity to expand our partnership with DARPA," said CACI's Chairman and CEO, Dr. J.P. (Jack) London. "CACI has positioned itself to support a wide range of Defense technology needs, and the continued growth of our capabilities in this area gives us additional strength in supporting all our DoD 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; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business, particularly in connection with competition for award of contracts from the Federal Aviation Agency, the Defense Information Systems Agency and the Navy; 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, including the possible discontinuance of the U.S. Government's Tobacco litigation particularly in connection with the Government's response to terrorist activities; the results of the appeal of CACI International Inc. ASBCA No. 50358; 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.
# # #
For investor information contact:
Director, Investor Relations
For other information contact:
Vice President, Public Relations
|Join the GlobalSecurity.org mailing list|