CACI Awarded $42 Million Task Order With U.S. Army Project Manager, Force XXI Battle Command Brigade and Below
New Strategic Services Sourcing Award Increases CACI Support for Army Communications
Arlington, VA, July 19, 2007 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a task order, under the $19.25 billion U.S. Army Strategic Services Sourcing (S3) contract vehicle that CACI announced in March 2006, to support the Army's Project Manager, Force XXI Battle Command Brigade and Below (PM FBCB2). The four-year effort (one base year and three option years) has a potential value of $42 million. Under the terms of the award, CACI will provide program management, systems engineering, logistics, and training support for the FBCB2 system. The award increases CACI's business with the Army and expands its work supporting Army C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance).
FBCB2 is the principal digital command and control system for the Army. All FBCB2 systems are interconnected through a communications infrastructure called the Tactical Internet to exchange situational awareness data and conduct command and control. The current system is integrated into 114 platforms, ranging from tanks to helicopters, in support of both the Army and U.S. Marine Corps.
CACI's team offers proven program management support to help the Army oversee the manufacture and deployment of this critical communications system. CACI and its partners also provide technical support with solutions for systems engineering, logistics support for deployment and installation, and training services to instruct users on the system. The company's ability to manage and supply the components of the FBCB2 program helps the Army deliver the systems cost-effectively and on time to meet critical defense goals.
Paul Cofoni, CACI's President and Chief Executive Officer, said, "CACI brings demonstrated solutions to the management of the U.S. Army's Force XXI Battle Command Brigade and Below system, which delivers critical battlefield awareness to our troops. We are proud the U.S. Army has selected us to support vital communications that help protect our warfighters and win battles. We believe strongly that solutions for information and communications dominance provide our nation with some of the most powerful weapons in the global war on terrorism."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, 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 national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 1000 index. CACI provides dynamic careers for approximately 10,400 employees working in over 120 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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