CACI Awarded $25 Million Subcontract to Support U.S. Army Distributed Learning Program
Selection as Strategic Partner Gives CACI Key Role on Contract
Arlington, VA, December 21, 2005 — CACI International Inc (NYSE:CAI) announced today that it has been awarded a subcontract by Karta Technologies, Inc., headquartered in San Antonio, Texas, to support the U.S. Army's Distributed Learning Education and Training Products (DLETP) program. The program is administered by the Army's Training and Doctrine Command (TRADOC). CACI's award, for one base year and four option years, is estimated to be worth $25 million over the life of the five-year DLETP indefinite delivery, indefinite quantity contract. CACI's selection as a strategic partner on the award is expected to significantly increase the company's distributed learning business as well as its business with this Army client.
TRADOC's goal with the DLETP contract is to provide innovative training products and services that enhance troop readiness. As a strategic partner, CACI will play a key role in developing coursework, as well as in overseeing coursework developed by other subcontractors to ensure that content and method of delivery meet recognized standards. In addition, the company expects to help create interactive gaming simulations that will serve as a next-generation method of assessing student learning.
CACI offers expertise in distributed learning gained from engagements with TRADOC's Reserve Officer Training Corps (ROTC) organizations, the Army National Guard, and other defense and commercial clients. The company provides leading-edge solutions in web-based delivery, CD-ROM and DVD, 3-D animation, and interactive videos, customized to meet client requirements.
According to Paul Cofoni, CACI's President of U.S. Operations, "CACI's distributed learning solutions assure the U.S. Army of meeting training goals efficiently and affordably. Our approach includes innovative technologies for immersive training that will better engage users, along with proven quality measures to ensure users retain and act on their training to become effective soldiers."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI is proud to be a strategic partner with Karta Technologies and the U.S. Army Training and Doctrine Command in delivering state-of-the-art readiness solutions. CACI supports the Army's vision of a fast and mobile force, ready at any time and anywhere, and remains dedicated to serving America's most critical needs for homeland security and national defense."
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.
Founded in 1986, Karta Technologies, Inc. provides information technology and systems integration solutions to government and commercial clients nationwide. Recognized as one of the nation's 50 Fastest Growing IT Small businesses in 2004 by Washington Technology, Karta provides experience in systems engineering, training, and acquisition support. Karta's high-technology products and services include Train2Secure, the first National Security Agency-certified web-based information security training program for NSTISSI 4013, among other cutting edge technology products and services. For more information, visit www.karta.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; changes in interest rates; currency fluctuations; 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, based on a change in spending patterns, 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 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, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) expensing of stock options; 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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