CACI Awarded $91.7 Million Logistics Contract to Support U.S. Army Tactical Radio Communications Systems
Latest S3 Award Raises CACI Total Estimated Awards to $225 Million Since Contract Award in March 2006
Arlington, VA, October 26, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a new task order, with an estimated $91.7 million 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 award, which has a 24-month base and two 12-month options, calls for CACI to provide logistics support services to a new client for the company, the U.S. Army Project Manager, Tactical Radio Communications Systems (PM TRCS). CACI has now been awarded an estimated $225 million in S3 task orders in just the first six months of the contract.
Providing what is often called the "last mile" in the global connectivity grid, tactical radio communication systems connect warfighters and first responders to each other and to military and government decision-makers. The PM TRCS fields more than 150 such systems across 54 U.S. states and territories in direct support of homeland security. In the global war on terrorism, the PM TRCS supports all the armed services with airborne and ground-based radio communications that enable the exchange of situational awareness data and voice communications to support a wide range of tactical operations.
CACI's role includes helping the Army oversee the development and fielding of tactical communications systems. Engineering experts from the CACI team will help monitor the manufacture and testing of both original and reengineered systems, to ensure specifications and schedules are met and costs are contained. In parallel, CACI logistics specialists will assist the PM TRCS office in planning how systems are distributed and deployed to troops in the field, how related supplies are allocated, and how training is developed and scheduled to ensure the highest levels of warfighter readiness.
Paul Cofoni, President of U.S. Operations, said, "CACI offers the U.S. Army Project Manager, Tactical Radio Communications Systems more than 40 years of providing innovative and reliable engineering and logistics solutions to America's military. We will leverage this expertise to help the Army field more than 10,000 radio communications systems each year, effectively and on time."
According to Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, "The dynamic pace of today's tactical operations, in both symmetric and asymmetric warfare, has driven home the importance of efficient communications in a time of crisis or attack. CACI is proud to play a role in ensuring secure and effective radio communications for our warfighters and first responders. We continue to align all our solutions to meet the urgent needs of our government for 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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