CACI Awarded $3.93 Million to Continue Naval Logistics Readiness Research Center Initiatives
Company to Explore New Methods of Managing Navy Supplies
Arlington, VA, October 19, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded two task orders totaling $3.93 million to continue its lead role in supporting the Naval Logistics Readiness Research Center (NLRRC). Under these task orders, issued by the Naval Supply Systems Command (NAVSUP), CACI will provide management, technical, and business consulting services to the NLRRC, which CACI has supported since its inception in January 2005. These awards reinforce CACI's role as a premier provider of supply chain solutions for the U.S. Navy and support the company's core engineering and logistics business area.
NAVSUP established the NLRRC to leverage commercial off-the-shelf (COTS) solutions and best practices to ensure the availability of repair parts resources at the right locations at reduced cost, and to then integrate these solutions with its Enterprise Resource Planning (ERP) architecture. CACI and its partners, Pennsylvania-based MCA Solutions, Inc. and Temple University, will be responsible for this development and integration.
This key step in implementing COTS has gained the attention of the Office of the Secretary of Defense (OSD), which is interested in expanding the Readiness Based Sparing (RBS) approach. Under the terms of the awards, CACI and MCA Solutions will apply RBS methodology and COTS model integration to Navy and defense supply chains in order to optimize support to F/A-18 aircraft. If successful, the project could lay the groundwork for applying such tools across the armed services. In addition, CACI and Temple University will provide recommendations for improvements in usage forecasting, a critical component of RBS.
According to President of U.S. Operations Paul Cofoni, "CACI is proud to continue our support for the innovative research being done at the Naval Logistics Readiness Research Center. We remain a leader in delivering state-of-the-art solutions that help the U.S. Navy meet one of its biggest logistical challenges: ensuring the cost-effective availability of resources, without compromising the readiness of critical defense assets."
CACI Chairman, President, and CEO Dr. J.P. (Jack) London said. "CACI remains ever vigilant in aligning our capabilities and solutions with our nation's critical defense requirements. Ensuring our forces are always supplied and ready is key to our military's success in the defense of our homeland and the war on terrorism. Our research leadership at the Naval Logistics Readiness Research Center offers us another way to help our government meet its important 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 10,000 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 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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