CACI Awarded Prime Position on $1.5 Billion, Multiple-Award Contract to Support U.S. Special Operations Command
New Work Will Support Operations and Intelligence, Acquisition and Logistics, and Business Operations/Financial Management Mission Areas
Arlington, VA, May 17, 2010 - CACI International Inc (NYSE:CACI) announced today that it has been awarded one of four prime contracts to support the United States Special Operations Command's (USSOCOM) Global Battlestaff and Program Support (GBPS) effort. The indefinite delivery/indefinite quantity contract has a ceiling value of $1.5 billion and a period of performance that consists of a three-year base period and a two-year option period.
USSOCOM provides fully capable Special Operations Forces to defend the United States and its interests, and synchronizes planning of global operations against terrorist networks. This new work with the command grows CACI's functional core competency in integrated security and intelligence solutions (ISIS) through its support to USSOCOM's force sustainment, equipping, and modernization efforts, particularly focused on intelligence, surveillance, and reconnaissance capabilities. ISIS assists customers in developing integrated solutions to help them meet mission objectives in the areas of security, intelligence, and law enforcement.
Simultaneous to winning the ID/IQ contract award, CACI also won one of four task orders (Task Order 1) that were bid with the overall GBPS contract proposal. The $4 million Task Order 1, Intelligence Production Support for the USSOCOM Integrated Survey Program, has a five year period of performance and will provide USSOCOM with multimedia intelligence production, publication, and dissemination support services over the life of the task order.
Bill Fairl, CACI President of U.S. Operations, said "Our selection as one of only four primes on this contract is a significant win for CACI. By providing USSOCOM with operations and intelligence, acquisition and logistics, and business operations and financial management support services, we're able to help the Special Operations Forces with their critical missions worldwide."
According to Paul Cofoni, CACI President and Chief Executive Officer, "Winning this contract partners us with a customer whose mission sets are expanding and whose contributions to national interests are becoming more important as threats by non-nation states increase. Working with USSOCOM will enable us to make meaningful contributions to national interests as well as support warfighters serving in harm's way."
CACI provides professional services and IT solutions needed to prevail in the defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 13,100 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
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 a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; 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, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism or rebuilding Iraq; or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, 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; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other government entities with cognizant oversight; 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); market speculation regarding our continued independence; 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, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; 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
Senior Vice President, Investor Relations
(866) 606-3471
ddragics@caci.com
For other information contact:
Jody Brown
Executive Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
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