CACI Awarded $27 Million Battle Command Training Contract with U.S. Army Forces Command
Company to Support Wargaming Simulations for U.S. Army Reserve
Arlington, VA, April 5, 2005 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a $27 million prime contract by the U.S. Army Forces Command (FORSCOM) to support battle command training for U.S. Army Reserve units. The contract was awarded under the indefinite delivery, indefinite quantity Operations, Planning, Training, and Resource Support Services (OPTARSS) contract, a $650 million, multiple-award vehicle for which CACI is one of the prime contractors. With one base and four option years, the battle command training award calls for CACI's team to provide training and related technology support for wargaming simulations at a number of locations throughout the United States. The award increases the services CACI is providing the U.S. Army under the OPTARSS contract and expands the company's core systems integration line of business. CACI previously announced the OPTARSS contract, with an estimated value to the company of more than $100 million, in March 2003.
FORSCOM, headquartered at Fort McPherson, Georgia, trains, mobilizes, and deploys combat-ready forces worldwide. Under its Battle Command Staff Training program, FORSCOM conducts training exercises that help ensure Army Reserve units are prepared and ready for mobilization and deployment.
CACI's team will assist FORSCOM by providing comprehensive training and information technology support for wargaming simulations. This includes programming the simulations and providing related database maintenance, as well as preparing and training Reserve personnel in the simulations' use. CACI will also support computer-driven simulation exercises for all Army units and other governmental agencies, as well as provide similar services for the Army Battle Command Systems, a network of applications that delivers warfighting data to command centers and commanders in the field.
CACI's selection as prime, with Advanced Systems Technology, Inc. as subcontractor, provides a number of benefits to the Army. Since members of the CACI team are already providing this support for FORSCOM, there will be virtually no interruption in service, and the knowledge and expertise they bring will ensure continued high-quality service. Moreover, CACI's ability to quickly field experienced teams is critical to ensuring the high operating levels and robust training efforts that FORSCOM currently supports.
CACI Chairman, President, and CEO Dr. J.P. (Jack) London said, "CACI's Battle Command Training contract award demonstrates our company's commitment to training and support for the U.S. Army Forces Command and America's Army Reserve. It shows we are competing very successfully under the Operations, Planning, Training, and Resource Support Services contract and can provide proven solutions in operational areas that will continue to bring high value to the Army and ensure military readiness."
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 9,500 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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