CACI International Inc · 1100 North Glebe Road · Arlington Virginia 22201
CACI Awarded $62 Million Contract With U.S. Army Quick Reaction and Battle Command Support Division
S3 Award Continues CACI Support for Rapid Prototyping and Technology Insertion
Arlington, VA, August 11, 2008 - CACI International Inc (NYSE:CAI), announced today that it has been awarded a $62 million contract to support the Quick Reaction and Battle Command Support Division of the U.S. Army's Communications-Electronics Research, Development and Engineer Center's Command and Control Directorate (CERDEC C2D) located in Fort Monmouth, N.J. CACI won this three-year competitive award through the Strategic Services Sourcing (S3) contract vehicle the company holds with the Army. The company will support the client's current needs and transition future work on this contract, as required, to CACI's new facilities at the Army's Aberdeen Proving Ground, Md. With the award, CACI continues to strengthen its core competency in command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR).
The Quick Reaction and Battle Command Support Division provides CERDEC C2D with rapid prototyping and fielding of emerging C4ISR and related technology. The division designs, develops, builds, installs, integrates, tests, and fields such systems for all the armed services, for use in shelters, vehicles, aircraft, watercraft, and hand-held operation by troops in the field.
CACI's team provides a wide range of technical services and solutions in support of C2D. This includes engineering support for a U.S. Marine Corps mobile testing and repair facility, and prototyping and technology support for Army mobile command posts. The company and its teammates will develop computer-aided drawing and manufacturing applications that enable the Army to create "virtual" prototypes before committing to development. CACI will also work closely with C2D to identify, prototype, demonstrate, refine and test new C4ISR solutions that have promise for use in broader environments.
For more than 20 years, CACI has supported CERDEC, its commands, and many other Army organizations from offices at and around Ft. Monmouth, N.J. Now, while Army operations transition, CACI is able to provide additional support for CERDEC and other Army clients.
CACI President of U.S. Operations Bill Fairl said, "CACI brings a great track record to our support for the Quick Reaction and Battle Command Support Division. Our team's deep functional understanding of the division's highly complex and unique engineering efforts ensures minimal risk and high-quality technical support for this important client."
Paul Cofoni, CACI President and Chief Executive Officer, stated, "CACI continues to serve our clients wherever and whenever we are needed. We are proud of our work for commands at Fort Monmouth that deliver critical intelligence, engineering, and logistics services for our warfighters, and we are dedicated to providing tools and resources to support the seamless transition of these vital operations to their new home at the Army's Aberdeen Proving Ground."
CACI International Inc provides the professional services and IT solutions needed to prevail in today's 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 Solutions; 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. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,000 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; changes in interest rates; currency fluctuations; 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; 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, (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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