CACI Awarded $15 Million Subcontract to Support U.S. Army Materiel Command
Continues Support for CACI-developed RM Online Resource Management System
Arlington, VA, March 23, 2006 - CACI International Inc (NYSE:CAI) announced today it has been awarded a $15 million subcontract by Sigmatech, Inc., a small business based in Huntsville, Alabama, to continue its support for the award-winning, CACI-developed RM Online resource management system for the U.S. Army Materiel Command (AMC). With a duration of one base year and four option years, the subcontract continues CACI's expansion of its business in financial management systems.
AMC supports requirements that range from the acquisition and maintenance of sophisticated weapons systems to supply management of the Army's entire wholesale inventory of spare and repair parts for those systems. AMC is responsible for a significant percentage of the Army's total operating funds and must manage these resources carefully to ensure proper stewardship of taxpayer dollars.
The web-based RM Online system enables AMC to maintain a highly accurate, cost-effective programming, budget, and execution process. A past winner of the E-Gov Pioneer Award, RM Online provides an interactive, collaborative environment that saves thousands of man-hours while effectively utilizing scarce resources. Benefits to AMC include fully auditable budgets and the ability to run what-if scenarios to determine the impact of budget/manpower adjustments, as well as the capability to provide secure access to users anywhere in the world. The system also interfaces easily with other DoD financial and manpower systems for better integrated management of worldwide Army resources.
Paul Cofoni, CACI President of U.S. Operations, said, "The Army Materiel Command was our first RM Online customer, and remains our largest. We believe this award confirms CACI's continued value to the Command and demonstrates our ability to sustain the highest levels service for this important client. We look forward to partnering with Sigmatech to continue supporting the Army's resource requirements."
CACI Chairman, President, and CEO Dr. J.P. (Jack) London said, "CACI is dedicated to helping the federal government operate more effectively and efficiently. Our distinctive RM Online system exemplifies this commitment, and today serves more than 3,000 users across the Department of Defense. CACI's strategic goals include a strong emphasis on meeting our country's highest operational needs, and enabling government clients to devote critical resources to national defense and homeland security."
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 10,100 employees working in over 130 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; 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; 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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