CACI Wins $133 Million Information Technology Contract to Support to U.S. Navy Tactical Command System
Company to Design, Develop, and Integrate Software for U.S. Fleet
Arlington, VA, November 18, 2003 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a $133 million information technology services contract to support the Space and Naval Warfare Systems Command (SPAWAR) Systems Center Norfolk. This five-year contract, with one base year and four option years, calls for CACI to help design, develop, and integrate the Naval Tactical Command Support System (NTCSS) throughout the U.S. Fleet. A combination of two predecessor contracts, the new award continues CACI's 22-year relationship with SPAWAR and supports company growth goals for its core line of business in engineering and logistics. The contract is one of the $625 million in awards received during the company’s first fiscal quarter and disclosed in the company’s earnings release for that period.
SPAWAR Systems Center Norfolk designed NTCSS and provides for its ongoing support. The system is used on all ships and submarines, by all aviation squadrons, and by key Navy maintenance organizations. It includes software that automates functions ranging from supplies and maintenance to personnel administration, financial and medical records, and travel order management. It also includes upgrades of existing Navy systems to better support Navy users, interface with other Defense Department systems, and enhance America's overall defense readiness.
"CACI is positioned to respond quickly and effectively to the Navy's needs for developing network-centric, enterprise-level information systems," noted Ken Johnson, CACI's President of U.S. Operations. "We understand the complexities of software design, development, and integration at the enterprise level. We will leverage our proven expertise and technical strengths to help SPAWAR meet its mission goals on time and with maximum user benefit."
According to CACI Chairman, President, and CEO, Dr. J.P. (Jack) London, "CACI has developed a line of business in engineering and logistics that is focused on providing high-quality support to the Navy's key information technology programs. This contract award is testament to our success in delivering these capabilities. We are dedicating our top resources and personnel to support SPAWAR System Center Norfolk and its essential contributions to the operational readiness of our Navy's fighting forces."
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 6,900 employees working in over 100 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 (an economic downturn in the UK is affecting CACI's UK operations), 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 rebuilding 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.
# # #
For investor information contact:
David Dragics
Vice President, 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 |
|
|
|
