CACI Awarded $38 Million Logistics Task Order With U.S. Army Directorate for Readiness
S3 Award Enables Company to Help Deploy C4ISR Systems With New Army Client
Arlington, VA, October 30, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a new task order, with an estimated $38 million value, under the Strategic Services Sourcing (S3) contract with the U.S. Army Communications-Electronics Life Cycle Management Command (C-E LCMC) that CACI was awarded in March 2006. The three-year effort (two base years and one option year) enables CACI to provide technical and logistical business support services to a new client, C-E LCMC's Directorate for Readiness, Force Modernization Division. CACI is one of just seven prime contractors on the S3 program, which has a total estimated ceiling value of $19.25 billion. CACI has now been awarded more than $260 million in S3 task orders in the first seven months of the contract.
The Ft. Monmouth home of the C-E LCMC and related commands is the Army's central location for developing complex systems for command and control, communications, computers, intelligence, sensors and reconnaissance (C4ISR). The mission of the Directorate for Readiness is the secure and effective deployment of C4ISR systems, and their ongoing maintenance to stay up-to-date with readiness needs.
CACI's team will provide the Directorate with technical program and project management support, and assist with every aspect of logistics. This includes helping to securely field new systems and train users; make certain that system supplies are of the correct amount and type, and are stored at appropriate locations for fast turnaround; provide cost-effective property accountability and asset management; and support the ongoing maintenance of all C4ISR systems to ensure that older systems are continually updated with new technologies.
According to Paul Cofoni, President of U.S. Operations, "CACI understands the deployment of C4ISR systems is a complex undertaking that requires not just logistics expertise, but highly specialized engineering and information technology experience. Our CACI team offers the U.S. Army's Directorate for Readiness proven technical excellence combined with an in-depth knowledge of Army needs for secure, timely, and cost-effective support for the Army's readiness goals."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "C4ISR systems are the enabling technology for a network-centric U.S. Army. They are vital to the information dominance that will secure our homeland and win the war on terrorism. CACI proudly provides comprehensive solutions for C4ISR that range from development through deployment and maintenance, and aligns all our solutions with our government's greatest needs for defense and homeland security."
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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