CACI Awarded $107 Million Contract to Support Navy Automatic Identification Technology
Continues CACI Support for Navy Program
Arlington, VA, September 14, 2005 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a five-year prime contract, valued at $107 million, to continue its support for the Naval Supply Systems Command's Navy Automatic Identification Technology (AIT) Program Office. The competitively awarded contract includes one base year and four option years, with work being performed in Mechanicsburg, PA, Washington, DC, and Stennis, MS. Under the terms of the award, CACI will provide program management, engineering, and technical services. The award increases the size and scope of CACI's work with this Navy client, which began under a separate contract in December 1996, and expands CACI's core engineering and logistics and systems integration business areas.
AIT is a collective term to describe technologies that facilitate the accurate capture, organization, and rapid transmission of machine-readable data to automated information systems. It is used to reduce administrative and logistics costs by eliminating errors and speeding data collection and transmission. AIT media includes barcodes, radio frequency identification, and smart cards. The Navy AIT Program Office is responsible for developing policies and standards that establish and maintain an AIT infrastructure within the Navy.
CACI and its subcontractors bring senior military and systems integration experts, as well as a highly qualified technical development and implementation team, to Navy AIT. The company also provides high-quality software development services certified at Level 3 of the Software Engineering Institute's Capability Maturity Model Integration. This combination of functional and technical expertise assures the Navy of effective systems and software support, delivered on time and within budget.
According to Paul Cofoni, CACI's President of U.S. Operations, "CACI offers a number of benefits to the U.S. Navy's Automatic Identification Technology organization. Since members of our team are already in place with the client, there will be virtually no interruption in service, and the knowledge and expertise we bring will ensure continued high-quality support. Moreover, CACI's ability to quickly field experienced teams is critical to ensuring the high operating levels and robust solutions that Navy AIT requires."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI recognizes that Automatic Identification Technology is a key program for the U.S. Navy and Marine Corps. We have worked with the Navy for many years to identify leading-edge solutions in this area. CACI's selection to continue this support also confirms the success of our ongoing business strategy. Our total client commitment enables us to anticipate and respond to client needs with effective, high-quality solutions."
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 1000 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; changes that could result from accounting adjustments requested in connection with finalizing our Report on Form 10-K; 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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