CACI Awarded $47.5 Million Contract to Support U.S. Navy's Single Supply Solution Program
Company Continues to Expand Business in Navy Enterprise Resource Planning
Arlington, VA, September 5, 2007 - CACI International Inc (NYSE:CAI) announced today that it has been awarded an estimated $47.5 million indefinite delivery/indefinite quantity contract, for one base year and four option years, to provide technical support services to the Naval Supply Systems Command (NAVSUP) to facilitate the command's support for the U.S. Navy's Enterprise Resource Planning (ERP) Single Supply Solution (SSS) program. The SSS is the Navy's planned single integrated supply and maintenance information system, capable of tracking supply purchases and allocations throughout the Navy enterprise. CACI's role is to provide professional support services to ensure optimal system development. The award increases CACI's support for Navy ERP systems and expands its engineering and logistics area of business.
The goal of the Single Supply Solution program is to provide a unified and secure information system that the Navy can use to monitor the status of naval supplies and equipment anywhere in the world. The SAP®-based commercial off-the-shelf software system will give the Navy greater visibility into its assets and improve the efficiency of planning for the purchase, maintenance, and deployment of those assets. Ultimately, the system will assure more timely, cost-effective supply support for America's warfighters.
CACI's role includes helping to deploy the SAP-based system to Navy sites and support system training. CACI will also aid in ensuring data from existing maintenance and supply systems is effectively migrated to SSS, and that the older systems are sustained during this transition.
Bill Fairl, CACI's President of U.S. Operations, commented, "CACI has an outstanding track record of partnering with the U.S. Navy in automating logistics and maintenance processes for cost-wise readiness. For the Single Supply Solution program, we offer proven, enterprise-wide solutions to help the Navy standardize and integrate business processes and decrease life-cycle expenditures. Our support will help the Navy maintain readiness at the highest levels and increase capabilities for the warfighter."
According to CACI President and CEO Paul Cofoni, "CACI is a leader in providing enterprise resource planning solutions for the U.S. Navy. Our ERP capabilities support the Navy's 'transformation' into a leaner and more effective fighting force. We are proud CACI has been selected to help the Navy keep our warfighters equipped and ready to perform their vital missions. CACI's ongoing goal is to provide services and solutions that bring the greatest value to protecting our homeland and defeating 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 more than 10,600 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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