CACI Awarded $20 Million Contract With U.S. Army Test and Evaluation Command
Army to Administer ID/IQ Contract, Open to All DoD Organizations
Arlington, VA, September 12, 2006 - CACI International Inc (NYSE:CAI) announced today it has been awarded a prime contract, valued at $20 million, by the U.S. Army Test and Evaluation Command (ATEC) to continue the Government's support for the award-winning, CACI-developed RM Online resource management system. The indefinite delivery/indefinite quantity contract vehicle has a duration of one base year and four option years. ATEC Mission Support Contracting Activity serves as administrator for the contract, which is available to all Department of Defense (DoD) organizations. This award increases both the value of CACI's work as well as the number of clients the company can potentially serve. Along with CACI's award in March to continue supporting RM Online for the Army Materiel Command, this contract with ATEC sustains CACI's steady expansion of its financial management systems business.
CACI has been providing RM Online development, training, and maintenance support for ATEC since 2001. ATEC employs some 9,000 professionals to test weapon systems for the U.S. Army, and uses RM Online to manage an annual budget that exceeds a half billion dollars.
RM Online provides a secure, web-based system for collecting and sharing budget, manpower, and personnel information. The system saves time and money with its accurate record-keeping; provides fully auditable budgets to meet government standards; enables clients to run what-if scenarios to best assess budget changes; and interfaces easily with other defense systems.
Paul Cofoni, CACI President of U.S. Operations, said, "RM Online has a great track record of success and an extremely high level of customer satisfaction. CACI looks forward to continuing to provide this high-quality service to the U.S. Army Test and Evaluation Command and all its clients."
CACI Chairman, President, and CEO Dr. J.P. (Jack) London said, "We are proud to continue CACI's partnership with the U.S. Army Test and Evaluation Command. This award illustrates our commitment to helping the federal government manage its business effectively to support its most critical requirements in 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 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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