CACI Awarded Estimated $100 Million-Plus Contract With U.S. Army Forces Command
Company Is Prime Contractor on $650 Million Multiple Award for Operations, Planning, Training, and Resource Support Services
Arlington, Va., March 20, 2003 — CACI International Inc (NYSE:CAI) announced today that it has been selected as a prime contractor to support the United States Army Forces Command (FORSCOM) on the $650 million, multiple-award Operations, Planning, Training, and Resource Support Services (OPTARSS) contract. CACI anticipates the value of its award to be more than $100 million over the life of the contract. The indefinite delivery/indefinite quantity contract was awarded for one base year and four option years. OPTARSS positions CACI to significantly expand its business with the U.S. Army on tasks that range from project management support and training to information technology and homeland security.
FORSCOM, headquartered at Fort McPherson, Georgia, is the Army's largest major command. It trains, mobilizes, and deploys combat-ready forces worldwide. The OPTARSS contract assists the Army in providing services and support throughout the United States in 12 major task areas. These include project management services to help run Army installations and combat training centers, planning and execution of troop mobilization, training services for everything from databases to weapon systems, and anti-terrorist assessments and force protection training for Army installations.
CACI offers FORSCOM the benefits of its significant expertise in all OPTARSS task areas, as well as in-depth familiarity with the FORSCOM mission and environment. CACI currently provides support to FORSCOM Headquarters at Fort McPherson and has personnel located at Fort Hood and Fort Lewis, where thousands of FORSCOM personnel are located. CACI also leads a team of OPTARSS subcontractors with a comprehensive solution set that assures FORSCOM of complete capabilities for every requirement.
Ken Johnson, CACI's President of U.S. Operations, said, "CACI has a proven track record with the U.S. Army Forces Command. We bring a robust capability to meet FORSCOM needs and a strong team of partners with skill sets in all tasks areas. CACI's selection assures FORSCOM of effective support, delivered on-time and within budget, for all requirements."
Dr. J.P. (Jack) London, CACI Chairman and CEO, said, "CACI is well positioned to offer the U.S. Army Forces Command the highest levels of support as it trains and mobilizes troops during this critical time. The Operations, Planning, Training, and Resource Support Services contract enables us to expand our ongoing support for FORSCOM and provides greater opportunities for us to offer high-quality, in-demand solutions for all Army organizations."
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 6,000 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, including conditions that result from terrorist activities or war; failure to achieve contract awards in connection with recompetes for present business 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 or in the event of a priority need for funds, such as homeland security, the war on terrorism or war with Iraq; government contract procurement (such as bid protest, small business set asides, etc.) 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) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or scheduled contracts with the General Services Administration; 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
Senior Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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