CACI Awarded $96.4 Million Recompete Contract to Support Special Communications for U.S. Navy
Continues CACI Support of Communications for War on Terrorism, Homeland Security
Arlington, VA, August 24, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a $96.4 million recompete prime contract to continue its support for the Special Communications Requirements Division (SCRD) of the U.S. Naval Air Warfare Center-Aircraft Division in St. Inigoes, Md. The five-year effort is for one base year and four option years. CACI's focus on the contract is to design, build, test, and integrate mobile communications systems in support of the global war on terrorism and homeland security. The award significantly increases the value of the company's work while expanding the scope of its effort, continuing the growth of CACI's intelligence services business area.
For SCRD, CACI primarily works with communications hardware and equipment, building deployable systems for C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) applications. The company manufactures and integrates these systems into everything from suitcase-sized units to vehicles and battlefield command posts. It provides full life-cycle support, from retrofitting systems to delivering onsite training. In turn, SCRD provides the CACI systems to Defense Department clients directly supporting the warfighter, as well as to organizations involved in homeland security, including such clients as the Department of State, the National Guard, the Federal Bureau of Investigation, and the New York City Police Department.
CACI has sustained and continually enhanced its SCRD support for more than 20 years. The company's deep functional understanding of the client's needs and requirements assures that projects are completed on schedule and within budget, and with high rates of accuracy and effectiveness.
According to CACI President of U.S. Operations Paul Cofoni, "This most recent contract award is a clear demonstration of the continued confidence the Special Communications Requirements Division has in CACI. We will continue to provide the skills and technologies that are needed to meet the expanding requirements of SCRD's own clients as they support America's highest priorities."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI is proud of our 20-year partnership with the Special Communications Requirements Division. In trouble spots around the world, our communications equipment helps warfighters gather the information they need to remain safe and win battles. Right here at home, it gives our homeland security organizations another tool in their dedicated service to protect our nation."
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 10,000 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; 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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