CACI International Inc · 1100 North Glebe Road · Arlington Virginia 22201
CACI Awarded $24.5 Million Task Order to Continue Support for U.S. Army Airborne Intelligence
Company's Strategic Services Sourcing Business Exceeds $2 Billion
Arlington, VA, September 15, 2009 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a $24.5 million task order to provide Airborne, Intelligence, Surveillance, and Reconnaissance (AISR) Ground Station Support to the U.S. Army Product Manager Aerial Common Sensor. The contract, for one base year and two option years, was competitively awarded under the Army's Strategic Services Sourcing (S3) contract vehicle. The work increases both the size and scope of CACI's current business supporting AISR, with the total amount of CACI's S3 awards at more than $2 billion.
AISR Ground Station Support provides an intelligence system housed in specially modified aircraft. It collects and processes intelligence data, then transfers this information to ground locations for further processing, analysis, and dissemination. Since its inception during the Cold War, the system has steadily evolved to meet the needs of the Intelligence Community.
Through its core competency in C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance), CACI provides proven program management, engineering and integration, test and evaluation, and logistics support and training. One of the company's key offerings is its "quick-reaction" capability to integrate new intelligence tools and resources that keep the AISR program current and enable field commanders to act rapidly on warfighter threats.
CACI President of U.S. Operations Bill Fairl said, "Our team brings important continuity and expertise to the U.S. Army's essential airborne intelligence efforts. We are pleased to offer our unique insight into AISR technical requirements, critical deadlines, and required skillsets to help the Army deliver accurate and timely intelligence that protects and supports our troops."
According to CACI President and CEO Paul Cofoni, "CACI's Strategic Services Sourcing business with the U.S. Army, at over $2 billion in task order awards, enables us to continue delivering critical client support and high shareholder value. We are proud to provide services and solutions that are innovative and ahead of the curve in supporting missions of the highest importance to our government and our nation."
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 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. 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. 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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