CACI Awarded Prime Contract on $20 Billion, Multiple-Award Information Technology Program With U.S. Army
ITES-2S to Support Army Enterprise IT Systems Worldwide
Arlington, VA, July 31, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a prime contract to support the multiple-award Information Technology Enterprise Solutions 2 Services (ITES-2S) program for the U.S. Army's Program Executive Office for Enterprise Information Systems, headquartered at Fort Belvoir, Virginia. A follow-on to the original ITES program, ITES-2S has a total estimated ceiling value of $20 billion. CACI was one of eight large businesses that won prime contract awards, along with three small business primes. The nine-year indefinite delivery/indefinite quantity (ID/IQ) task order contract was awarded to CACI for a three-year base with three two-year options. This is the second multi-billion dollar award CACI has won with the Army, having been awarded a prime contract in March to support the Army's $19.25 billion, multiple-award Strategic Services Sourcing effort. Moreover, both follow CACI's award in January to support the $450 million, multiple-award Engineering, Technical and Operations Support Services program, also for Army. As such, ITES-2S gives CACI another significant vehicle for strengthening its position as a top IT provider to the Department of Defense and the federal government.
ITES-2S provides a wide range of services to support both combat and business systems. Solution areas include systems integration, network services and secure network operations, information assurance, program management, enterprise design, and education and training. The Army's stated goals also include ensuring consistency and common features across all Army applications. The contract vehicle is available to other services and agencies within the Defense Department and across the federal government.
Paul Cofoni, CACI's President of U.S. Operations, said, "CACI provides expertise in every component of the Information Technology Enterprise Solutions 2 Services program. Our ability to deliver end-to-end solutions and respond to multiple needs will help the Army sustain and enhance its enterprise IT systems worldwide. We offer the benefits of more than 40 years of service for federal and defense clients, and can assure faster start-ups, comprehensive support, and effective project delivery."
According to Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, "CACI's award of a prime contract to support the U.S. Army's $20 billion Information Technology Enterprise Solutions 2 Services program continues to set the foundation for our ongoing growth. Along with our prime contract award for the $19.25 billion Strategic Services Sourcing, ITES-2S demonstrates CACI's ability to successfully bid on, and win, the large deals our clients rely on to meet their mission goals."
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 has been named to the Fortune 1000 Largest Companies of 2006. A member of the Russell 1000 index, CACI provides dynamic careers for approximately 10,450 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 and 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 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, 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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