CACI Awarded $73 Million Contract to Support U.S. Naval Aviation Readiness
Company to Support Navy Cost-Saving Initiatives
Arlington, VA, June 8, 2005 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a three-year, $73 million prime contract by the U.S. Naval Air Systems Command (NAVAIR), Naval Air Warfare Center Aircraft Division in Patuxent River, Maryland to support the Naval Aviation Enterprise (NAE) and the Naval Aviation Readiness Integrated Improvement Program (NAVRIIP). Under the terms of the award, CACI will provide program management and technical services to support Navy cost-saving initiatives in its readiness programs. The award continues CACI's legacy as a premier provider of engineering, training, and logistics solutions for Naval Aviation and significantly expands the company's core engineering and logistics business.
Naval Aviation's mission includes ensuring that all Navy and Marine Corps aircraft are ready for training, and that all aviation personnel are trained and equipped to support their mission. NAVRIIP improves processes and provides guidance and resources for meeting these readiness goals.
CACI's role includes helping NAE to enhance readiness processes and reduce the cost of doing business. The company offers demonstrated solutions for cost-effective program architectures and enterprise-wide systems integration. CACI experts will also help evaluate current polices and procedures, collect and analyze data, and identify and remove barriers to the improvement of processes, training, and resource management. The company will also support the Navy's new cost-wise readiness initiative — "AIRSpeed" — to achieve the right level of readiness at the right cost.
CACI was selected primarily for its experience working with naval aviation community on several NAVAIR contracts and programs. The company has helped to significantly increase naval aviation readiness and training while decreasing average training time, resulting in millions of dollars in cost savings. Similar efforts focused on aircraft maintenance improvements have also significantly increased material readiness.
According to Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, "CACI supports the U.S. Naval Aviation Enterprise and its vital goal of improving the quality of service to the fleet. Our solutions have been tested throughout the enterprise and offer the Navy proven methods of increasing cost efficiency while sustaining the readiness of America's naval aircraft and aviators."
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 (particularly those with security clearances); 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
Executive Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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