CACI Awarded Estimated $50 Million in Three New Task Orders Under Strategic Services Sourcing (S3) Contract With U.S. Army
Company's Total S3 Awards Now Top Estimated $133.5 Million Since Contract Award in March 2006
Arlington, VA, October 3, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded three new task orders, totaling an estimated $50 million in value, under the Strategic Services Sourcing (S3) contract with the U.S. Army Communications-Electronics Life Cycle Management Command that CACI was awarded in March 2006. CACI is one of just seven prime contractors on the S3 program, which has a total estimated ceiling value of $19.25 billion. The new awards are an estimated $38 million task order to support the U.S. Army Project Manager, Battle Command in the management of Army Battle Command Systems (ABCS); an estimated $9.5 million task order to support the Product Manager, Robotic and Unmanned Sensors (PM RUS); and an estimated $2.7 million task order to support the Project Manager, Aerial Common Sensor (ACS). CACI has now been awarded more than an estimated $133.5 million in S3 task orders in just the first six months of the contract.
CACI's ABCS task order has a base period of two years followed by a one year option. The ABCS are digital command, control, communications, computers and intelligence (C4I) systems that give Army commanders vital battlefield information. ABCS modules include networked sensors that instantly transmit nuclear, biological, or chemical warnings and reports to protect troops against such attacks. CACI's team will provide systems engineering, software, logistics, and field support services to help Army commanders gain a better perspective of their battlefield environment and make more informed decisions in guiding the warfighter.
CACI's PM RUS task order is for one base year and one option year. The PM, RUS develops, produces, fields, and sustains sensors and sensor systems for unmanned air and ground applications in support of reconnaissance, surveillance, and target acquisition (RSTA) missions. CACI's team will provide business operations, engineering, and logistics support that includes ensuring the new systems meet Army standards for operability and sustainability. Both task orders consolidate the efforts of several contractors under CACI's new leadership.
CACI's ACS task order is for three base years and two option years. The new ACS system provides both ground and airborne intelligence, surveillance, and reconnaissance capabilities that include the use of satellites, manned and unmanned aircraft, and ground-based analysis facilities to provide precise targeting, imaging, and geolocation. CACI's team will provide research, analytic, and program management support to help the Army ensure the system is rapidly deployable, tailorable, and scalable to meet the needs of battlefield commanders.
According to Paul Cofoni, President of U.S. Operations, "CACI brings considerable expertise in the management of tactical intelligence systems for the U.S. Army. We understand the Army's mission and technical environment, and will apply our capabilities to help our clients provide a coordinated, 'common picture' of intelligence information that best supports our troops."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "We're proud that the U.S. Army continues to choose CACI to serve its critical missions. As the Army transforms its systems and capabilities to meet the needs of the 21st-century warfighter, CACI will work side-by-side with our Army clients to deliver proven solutions that protect warfighters, win engagements, and continue to succeed in the war on terrorism."
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; 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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