CACI Awarded $51.9 Million Contract to Deliver Technology Support for U.S. Army National Guard Distributed Learning
Arlington, Va., October 28, 2002 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a $51.9 million contract by the General Services Administration to provide technical assistance and project management to the United States Army National Guard (ARNG), Training Division for its Distributed Learning and Training Technology program. This contract will help ARNG meet its goal of providing Advanced Distributed Learning (DL) training and education products and services to the entire force, anytime and anywhere, by 2010. With its subcontractor, IIT Research Institute (IITRI) of Alexandria, Virginia, CACI will provide technical support of ARNG's distributed learning initiative for one base year and four option years. The contract positions CACI to grow its distributed learning and computer-based training services, complementing similar services acquired when the company purchased the Government Solutions Division of Condor Technology Solutions, Inc. in August 2002. It also expands the scope and value of CACI's ARNG business and its support of the U.S. Department of Defense.
The ARNG Distributed Learning and Training Technology program currently reaches over 350,000 soldiers in 54 U.S. states and territories. It is designed to reduce training expenses, increase troop preparedness, and foster collaboration and technology sharing among defense and civilian agencies. The CACI/IITRI team will assist with defining DL training processes and procedures and assure quality control measures during implementation of the program. Additionally, CACI will provide technical assistance with user databases to track training needs and course delivery, ensuring milestones and mission requirements are met. CACI troubleshooting and customer assistance services will also make certain training is responsive to specific user needs.
Key to winning the contract was IITRI's reputation for providing high-quality DL training support, as well as CACI's ongoing experience with ARNG. In October 2001, CACI was awarded a contract to consolidate all software maintenance for ARNG personnel, financial, and logistics management systems. CACI also has experience providing network services to the Army's Total Army Distance Learning Program, an initiative delivering voice and video, interactive CD-ROM, and web-based technology training to Army units worldwide.
Ken Johnson, CACI President of U.S. Operations, said, "CACI has an in-depth understanding of the Army National Guard's mission to prepare its troops for prompt mobilization. We offer the Guard strong training capabilities based on the expertise of our traditional CACI business groups and the synergy we are creating with our recent acquisitions. We look forward to working with IITRI to ensure that Guard members will have efficient, easy-to-use training resources to meet their mission goals."
CACI's Chairman and CEO, Dr. J.P. (Jack) London, stated, "As we have seen in many instances over the past year, a strong, prepared National Guard is essential to America's homeland defense. Now, whether an Army National Guard soldier needs training in Arizona or Arkansas, CACI will help provide that service. This is another example of how we are strategically positioning CACI capabilities and solutions to meet the needs of our new defense era."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI, a member of the Russell 2000 and S&P SmallCap 600 indices, provides dynamic careers for more than 5,500 employees working in 90 offices in the U.S. and Europe. CACI is the IT provider for a networked world. 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 in connection with terrorist activities or the response of the government to such activities; 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 U.S. 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 in the event of a priority need for fund, particularly in connection with war on terrorism and Homeland Security; government contract procurement (such as bid protest) and termination risks; 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, particularly in connection with (i) competition for task orders under government wide acquisition or General Services Administration contracts, (ii) outsourcing of traditionally governmental functions, and (iii) small business contracting; 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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