CACI Awarded Additional $32 Million Task Order Under Strategic Services Sourcing Contract
Company to Provide Systems Engineering and Software Support Services
Arlington, VA, August 28, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded an additional task order under the Strategic Services Sourcing (S3) contract with the U.S. Army Communications-Electronics Life Cycle Management Command, headquartered at Ft. Monmouth, New Jersey. On March 15, 2006 CACI announced it was one of just seven prime contractors on the S3 program, which has a total estimated ceiling value of $19.25 billion. The contract continues the ongoing expansion of CACI's business in solutions for C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance).
The $32.8 million task order contract, with a duration of a base period of performance of 36 months followed by one 12-month option period, calls for CACI's team to provide technical, logistical, and business support services to the Product Director (PD) for Common Software, part of U.S. Army Project Manager, Battle Command. The PD develops software for battle command systems used for a wide range of C4ISR functions by commanders and troops in the field. These functions include providing situational awareness of where troops and enemy forces are; supporting weapons use during enemy engagements; and providing logistics data showing ammunition and supplies status. By using web-based technologies, the systems also better enable effective data sharing.
The PD contract consolidates the efforts of several contractors under CACI's new leadership, offering the benefits of CACI's in-depth experience with the Army's technical and functional environment, as well as its proven expertise in C4ISR. CACI's team will provide systems engineering and software support services that directly support the PD's mission, including ensuring that new software meets Army standards for interoperability as the service moves to a network-centric environment. CACI's team will also support the deployment of this software to troops in the field.
According to Paul Cofoni, President of U.S. Operations, "CACI brings a high-quality, low-risk management approach that consolidates multiple efforts into a single, effective point of presence for the U.S. Army. As the Army migrates to an improved set of network services, our solutions will help ensure that battle command systems better share data with one another and most effectively support the warfighter."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI's continuing ability to win task orders on the Strategic Services Sourcing (S3) contract demonstrates the success of our sustained relationship with the U.S. Army. We continually align our CACI services and solutions to serve our clients' highest priorities in America's homeland security and our 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 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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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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