CACI Awarded $11 Million Army Electronic Warfare System Task Order by U.S. Army Communications-Electronics Command
Company to Join Government Team in Development of Tactical Electronic Warfare System
Arlington, Va., April 29, 2003 — CACI International Inc (NYSE:CAI) announced today that it has been awarded an estimated $11 million task order to support the U.S. Army Communications-Electronic Command in its execution of the first phase of a U.S. Army electronic warfare (EW) system. The primary objective of this engineering support task is to form a joint government-contractor team to develop, deliver, and transition a tactical EW system.
In phase one, the team will focus on risk reduction and mitigation efforts and aggressively pursue multiple solutions and alternatives approaches to accomplishing key performance parameters. The efforts will include hardware, software, logistics, and operations studies.
The culmination of phase one will be a highly refined specification for the recommended design phase to be accomplished under a subsequent task. Successful completion of this effort will lead to the development, fabrication, installation, integration, test, documentation, training, and delivery of tactical EW vehicles as designed by the joint development team.
According to Ken Johnson, CACI's President of U.S. Operations, "The U.S. Army Communications-Electronic Command requires precisely the kind of rapid-response prototyping CACI excels in. Our legacy of support for the Command gives us a deep functional understanding of the electronic warfare environment, and our technical expertise enables us to offer the best mix of traditional and innovative solutions to deliver low-risk solutions effectively and on time."
CACI Chairman and CEO, Dr. J.P. (Jack) London, stated, "This task order from the U.S. Army Communications-Electronic Command is the result of CACI's ongoing focus on a strategic business line that includes as a centerpiece the delivery of strategic and tactical intelligence services to the federal government. The task order continues our strong relationship as a contractor of choice for the Command, and sustains our leadership in supplying information technology solutions for national intelligence needs."
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 and the United Kingdom, particularly in connection with terrorist activities or the response of governments to such activities; 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 in the event of a priority need for fund, particularly in connection with war on terrorism, Homeland Security and possible war in Iraq; 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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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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