CACI Awarded $64.5 Million Task Order With U.S. Army Product Manager, Network Operations
Latest Strategic Services Sourcing (S3) Award for CACI
Arlington, VA, November 21, 2006 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a new task order, valued at $64.5 million, under the Strategic Services Sourcing (S3) contract, with the U.S. Army Product Manager, Network Operations - Current Force, in Fort Monmouth, NJ. The four-year award (three base years and one option year) expands the technical and engineering support services CACI has provided to this client on other contracts over the past several years. Work will be performed at Ft Monmouth and potentially other Army locations throughout the U.S. and overseas. CACI is one of just seven prime contractors on the S3 program, which has a total estimated ceiling value of $19.25 billion. The award expands CACI's network services area of business.
The mission of the U.S. Army Product Manager, Network Operations is to develop new and emerging network operations technologies and apply them to the battlefield, focusing mainly on enhancing communication networks from the battalion level through an entire theater of military operations. This effort involves network operations relating to the Army's voice, data and video networks, including the management of command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).
CACI's team will provide a range of technical analysis and engineering services that include general systems engineering, systems implementation planning, and system test and evaluation. The team will also prepare specifications and plans for proposed networks, analyze current networks, and simulate network information flow to ensure the most effective and secure flow of network information, especially within hostile, battlefield environments. By consolidating these and other functions within a single management structure under CACI, the Army benefits from a lower cost for technical support. At the same time, CACI provides valuable communications support that directly improves the Army's ability to protect troops and better engage the enemy.
According to Paul Cofoni, President of U.S. Operations, "Effective and timely communications are essential in providing Army warfighters with vital information in the battle zone, so we are pleased that CACI is able to provide this high level of expertise. An important win such as this from the U.S. Army Product Manager, Network Operations - Current Force reemphasizes our commitment to our troops around the world."
Dr. J.P. (Jack) London, CACI Chairman, President, and CEO, said, "It is very gratifying that the U.S. Army is once again entrusting CACI with critically important responsibilities under the Strategic Services Sourcing (S3) contract. This demonstrates the important work CACI performs as a national asset for national missions, providing solutions for America'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.
# # #
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
|
NEWSLETTER
|
| Join the GlobalSecurity.org mailing list |
|
|
|
