CACI Awarded $42.5 Million Subcontract With General Dynamics to Modernize U.S. Coast Guard National Distress and Response System
Arlington, Va., November 14, 2002 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a subcontract by General Dynamics Decision Systems, a business unit of General Dynamics, to provide network services support for the United States Coast Guard's National Distress and Response System Modernization Project (NDRSMP). The 19-year award has an estimated value of $42.5 million during the six-year base period, with significant increases in revenue expected for the remaining 13 option years. Under the terms of the subcontract, CACI will provide critical network hardware, software, and services to help General Dynamics modernize the Coast Guard's 30-year-old search and rescue communication system and begin deploying a new system, dubbed "Rescue 21," in 2002. The award significantly increases the work CACI performs for the Coast Guard and substantially expands its managed network services line of business, a key strategic growth area.
CACI's track record of providing reliable managed network services for the Coast Guard Data Network: plus (CGDN+) was a key feature in its selection for the NDRSMP subcontract, as was CACI's management of an associated system, the Agency Data Telecommunications Network (ADTN), which supports users in the Federal Aviation Administration. "As one of our first-tier subcontractors, CACI's past performance with the United States Coast Guard was instrumental in our award," said Jeff Osman, General Dynamics Decision Systems Rescue 21 Program Manager.
The Coast Guard's National Distress System is the radio system boaters use to communicate with the Coast Guard in emergencies. It is currently effective across about 86 percent of the U.S. coastline and interior waterways currently monitored by the Coast Guard. The new system will increase this coverage to approximately 98 percent.
CACI's role includes interfacing Rescue 21 with the CGDN+, which carries finance, personnel, and e-mail services to Coast Guard users worldwide. "Plugging in" Rescue 21 to CGDN+ will bring the new communication system to additional Coast Guard users while saving money through the use of the existing CGDN+ network operations center. CACI will also enhance its network management and help desk services to provide critical diagnostic and trouble ticket support to both General Dynamics and the Coast Guard, ensuring rapid and effective response to user needs. In addition, CACI will obtain and install high-performance direction-finding equipment at roughly 300 Coast Guard locations along the U.S. coastline, increasing the ability of Rescue 21 to pinpoint and respond to distress signals.
According to Ken Johnson, CACI President of U.S. Operations, "CACI's ongoing and highly successful management of networks for the Coast Guard and Federal Aviation Administration demonstrates our ability to bring high-quality network services to Rescue 21. Our expertise in providing secure managed network services will enable General Dynamics and the Coast Guard to meet the goals of modernization effectively and with savings in cost and time."
Dr. J.P. (Jack) London, CACI Chairman and CEO, said, "The Coast Guard's National Distress and Response System Modernization Project comes at a time when all of us in the information technology industry are offering support for protecting our homeland and its borders. We at CACI are continually refining our capabilities to meet these needs, and look forward to contributing, as a member of the General Dynamics team, to the safety and security of our nation's waterways."
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 approximately 5,700 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.
# # #
For investor information contact:
David Dragics
Director, Investor Relations
(703) 841-7835
ddragics@caci.com
For other information contact:
Jody Brown
Senior Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
