CACI Awarded $15.7 Million Contract to Support U.S. Navy Command and Control System
Recompete Award Increases Size and Scope of CACI Role
Arlington, VA, November 9, 2004 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a $15.7 million prime contract by the Space and Naval Warfare Systems Center (SSC) San Diego, California, to support the U.S. Navy's Command and Control Processor/Common Data Link Management System (C2P/CDLMS). The award amount covers the three-year base period of the contract; there is also a two-year option period that, if exercised, increases the potential value to $27 million. CACI will perform the work principally at its offices in San Diego, with additional support provided at various Navy facilities. With the award, CACI significantly increases the size and scope of its role in Navy command and control support and expands its systems engineering business, part of its core engineering and logistics line of work.
The goal of the C2P/CDLMS is to collect, manage, and transmit information that is essential to Navy and Joint Forces tactical operations. The programs CACI currently supports enable shipboard, aircraft, and shore-based users to send and receive critical data such as reports on the position of both friendly and hostile forces, engagements, and battlefield activities, as well as orders to act upon such situations. Moreover, with this new award, CACI expands its support to next-generation programs that provide enhanced information superiority.
CACI's role includes independently testing and verifying proposed tactical systems, systems design and engineering products, and software development and development tools. The company also provides engineering services to help develop modeling and simulation tools and update software test plans and related documentation. When requested, CACI will also help prototype and evaluate new approaches and concepts.
CACI has supported C2P/CDLMS programs for nearly 20 years, assuring SSC San Diego of continued high-quality service. The company's solutions for independent verification and validation help reduce project risk by providing early and unbiased detection of design weaknesses and requirements omissions, assuring projects are completed correctly and on time.
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI's ongoing partnership with the Space and Naval Warfare Systems Center, San Diego, demonstrates how we have continually evolved our solutions for the U.S. Navy's command and control requirements. The award illustrates CACI's commitment to supporting our warfighters around the world, as well as our success in achieving our strategic goal of winning all of our major recompete contracts by delivering dedicated, high-quality client support."
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 9,400 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, 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 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 government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; 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 schedule 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
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
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