CACI International Inc · 1100 North Glebe Road · Arlington Virginia 22201
CACI Awarded Prime $70 Million Contract to Support Military Sealift Command
Expanded System Development Support Services Integrate Logistics and Engineering Processes for Shipboard and Shore-Based Personnel Worldwide
Arlington, VA, August 24, 2009 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a prime $70 million, indefinite delivery/indefinite quantity contract for up to 7-1/2 years to provide integrated logistics and engineering system development support services to the U.S. Navy's Military Sealift Command (MSC). The contract was awarded directly by the MSC and expands both the size and scope of CACI's 19-year relationship with the Command to now include a wide array of engineering systems.
The mission of the MSC is to support the U.S. Navy by delivering supplies and conducting specialized missions all over the world. The Command provides sealift and ocean transportation for all U.S. military services as well as for other government agencies, operating tankers for fuel transport and dry-cargo ships that transport equipment, vehicles, helicopters, ammunition, and supplies.
The new contract award grows CACI's strategic business through its core competencies of logistics and material readiness and business system solutions. The CACI team blends functional and technical expertise in both logistics and engineering systems to integrate and enhance the flow of information for the MSC between shipboard and shore-based personnel. Consistent application of Software Engineering Institute (SEI) CMMI Level 3-compliant processes and ISO 9001:2008 best practices result in efficient systems development and continuous innovation and improvement.
According to Bill Fairl, CACI President of U.S. Operations, "We're very pleased that this award from the Military Sealift Command enables us to expand our long standing support for the Command's logistics needs to now include the engineering component. The outstanding best practice credentials CACI brings to the table provide the MSC with an increased capability to meet its future requirements."
CACI President and CEO Paul Cofoni said, "At CACI, we're very cognizant of the vital services the Military Sealift Command performs for our nation every day, enabling the Navy to project its power wherever it is necessary to counter global terrorism. So we're happy that this contract provides a key component in leveraging logistics and engineering capabilities and integrating systems to deliver more value to such an important customer."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 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,500 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 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 governmental 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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