CACI Awarded $36 Million Contract to Continue Maintenance Management Services With U.S. Navy
Scope of CACI Services Includes Program Management, Engineering, and Technical Support
Arlington, VA, November 8, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a prime contract valued at more than $36 million to provide Ship Maintenance Improvement Program (SMIP) services to the Naval Sea Systems Command (NAVSEA). The five-year award (one base year, with four option years) enables CACI to continue program management, engineering, and technical support services that help the U.S. Navy fleet stay equipped and ready at all times. The contract expands the scope of CACI's work and supports the company's core engineering and logistics line of business.
The CACI SMIP Team has been supporting ship maintenance improvement since 1976, continuing its relationship with the Navy through five successive contract wins. SMIP is one of the most critical programs the Navy employs to reduce surface ship maintenance costs.
CACI's specific tasks include supporting maintenance processes, procedures, and training, and providing associated IT services. In supporting vital maintenance requirements, CACI enables Navy leadership to ensure that work performed for the fleet is applicable and effective.
According to CACI President of U.S. Operations Paul Cofoni, "This prime contract for CACI from the Naval Sea Systems Command to provide maintenance management services emphasizes the fact that we continue to understand the customer's requirements and continue to improve on the work we provide. After all these years, we're still the vendor of choice."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "CACI's selection to support the maintenance of the Navy fleet is a prime example of how we grow long-term relationships through our experience, expertise, and service. In this arena, the Navy relies on us to be their experts, and we're proud to assist in keeping their ships in top condition, ready and able to support our nation's fight 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; 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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