CACI Awarded $70 Million Contract to Continue Support for Department of Defense Standard Procurement System
DoD Contracting System Supports More Than $90 Billion in Business
Arlington, VA, November 2, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a prime contract, valued at over $70 million, to continue support for the award-winning, CACI-developed Department of Defense (DoD) Standard Procurement System (SPS). This five-year award (base year, plus four option years), made by the SPS Joint Program Management Office, calls for CACI to sustain and maintain the Procurement Desktop-Defense (PD2) product, which is the primary component of the SPS Program. The award continues CACI's support for federal initiatives to transform the way the government conducts business, and expands CACI's successful business in acquisition solutions.
Procurement Desktop-Defense is an automated contracting system that standardizes procurement processes across the DoD. CACI currently supports the client/server version (v 4.2.2), which is used by more than 23,000 contracting professionals at some 800 sites worldwide, including all 50 states and 15 countries, to purchase approximately $90 billion (through the third quarter of the government's fiscal year 2006), of DoD goods and services each year to support America's warfighters. PD2 is the first enterprise-wide standard business system in the DoD. CACI also supports the new web-based, open architecture version (v4.2.3), which is currently in government testing, and will continue that support as the armed services and other defense agencies decide to deploy it to approximately 43,000 procurement personnel throughout the DoD.
CACI sustains and maintains PD2, providing new product releases and enhancement; provides customer help desk and troubleshooting support for the system, including a website that provides relevant product information; and delivers a full complement of solutions to assist the armed services and other defense agency sites in the implementation and sustainment of PD2 operational capabilities worldwide, including support to these organizations as they consolidate servers and databases. CACI's in-depth understanding of PD2 and the DoD environment ensures the timely and effective completion of PD2 projects and ongoing high-quality support for its users.
Paul Cofoni, CACI's President of U.S. Operations, said, "CACI's selection to continue our support for the enterprise-wide Standard Procurement System demonstrates the value the Department of Defense places on CACI's ability to sustain large, complex systems. The award enables us to help the DoD apply best practices and provide its procurement professionals with the most innovative and up-to-date software tools for conducting their business."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO said, "CACI is committed to helping the federal government transform the way it conducts business. We have positioned our procurement solutions to help federal agencies meet their goals for improved procurement and efficiency, and the resulting benefit to both the warfighter and the taxpayer. When the government is able to work more efficiently, particularly in the procurement arena, we all benefit."
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; 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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